Deadline:
As soon as possible
Location(s)
Algeria Nigeria South Africa Worldwide
Africa
Overview
Are You An Educator, Mentor Or Parent Of A Promising Young Entrepreneur In Your Classroom, Network Or Community? What if they could be a role model that makes a difference to your country’s economic growth and job creation? Have they created a micro-farm in your community? Are they solving medical or environmental problems with clever solutions that are in demand?
Each year, we select 20 leading youth entrepreneurs like these to become Anzisha Prize Fellows.
Details
We seek to identify and support role models like Andrew Mupuya and the entrepreneurial ecosystems that nurture them..
The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 - 22 years, and hands out over USD $100,000 every year in prize money to entrepreneurs from all over the continent.
Make sure the stories of amazing young people in your country are celebrated!
You play the biggest role in shaping them, and we invite you to share their success with us! Nominate the top entrepreneurial talent from your country to receive the financial and networking support they need to succeed.
The Anzisha Prize isn’t awarded for great ideas or business plans – it recognises young entrepreneurs who are operating for-profit and non-profit ventures that demonstrate: ingenuity; scalability; and a social impact.
What happens after you nominate a young entrepreneur?
Nominees for the Prize still have to submit an application. Your nomination is an endorsement, a recommendation letter on behalf of the candidate. Candidates submit an application that gives full information about their business, enabling them to be evaluated for participation in the fellowship. The nominee receives an email letting them know that they have been nominated, and also a reminder to apply for the prize as soon as applications are open.
About the fellowship
In 2018, after a review of our impact, we re-built our fellowship package from the ground up. It is now a suite of services to each Anzisha Fellows that invests in you as individuals as well as your ventures. It is a commitment of support for up to 3 years or the age of 25, whichever comes first.**
"The fellowship agreement is not just about Anzisha's promise to each fellow. It is also about your promise to us, your country and continent. We want you to be a leader of your community and beyond"
The fellowship package
- Access to the Anzisha & ALA community
You will be a part of the Anzisha and ALA community, a pan-African community of 100+ entrepreneurs and 1000+ other leaders – and world class tools like FlitePath. - Introductions & Promotion
Anzisha has a wide network of stakeholders and business experts. We can help you connect with people you believe could help you improve and grow, as well as find customers and partnerships. We will also provide you with a free website if you need one to promote your business. - Access to other programs and conferences
Anzisha is well-connected with other fellowship opportunities and conferences, and can open your doors to them. Anzisha can also recommend and nominate you for these opportunities. - One-on-one sessions with the AnzishaTeam
You can have one-on-one meetings and calls with the Anzisha team to discuss issues and opportunities related to your business and individual wellbeing. - Access to finance and accounting support.
Anzisha is connected with investors who are interested in investing in young entrepreneurs and start-ups and will run annual events to match investment ready fellows with investors. We have also launched a matching fund in 2019 to incentivize potential investors, and will provide you with free accounting software for the duration of your fellowship. - Shadow an Entrepreneur
An opportunity to shadow successful entrepreneurs in your sector and learn important industry and business development related practices. This will give you ideas and tools to improve your management and operations. - Your own Consultant
Anzisha can help you diagnose problems that your business is facing, and provide you with technical solutions by sending a professional consultant to work with on a particular issue for a short engagement. - Travel support for fellows in school
Anzisha will offer travel support to the fellows who run business while studying in another country for two years or more. The trip will be granted once every two years per fellow, to ensure they keep their business running.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Do they meet this criteria?
- Between the ages of 15 and 22?
- Are they running an established venture, delivering value to a few customers?
- Are they involved in the strategy and operations of their venture?
- Has the venture demonstrated some impact already?
- Are they already earning a revenue, or reaching beneficiaries with the potential to improve (both ‘for-profit businesses’ or ‘not-for-profit’ ventures qualify).
To be selected as one of our Anzisha ventures, your business or project will be judged on the following 5 criteria:
- Is your venture established with customers and beneficiaries and are you offering value to them?
- Are you, the founder, leading and managing your venture?
- Is your venture demonstrating some impact already?
- Whether your venture is a for-profit business or cause-based, does it already earn revenues or already reach beneficiaries? Is there potential to increase revenues or beneficiary reach with support from Anzisha?
- Has your venture created some jobs and is there potential to create more high quality jobs?
To be selected as one of our Anzisha Fellows, you must demonstrate two important qualities:
- You are the leader of your venture and you drive both venture strategy and operations.
- You spend at least 20 hours a week (or more) on your business and plan to continue to do so after selection.
Dates
Deadline: As soon as possible
Cost/funding for participants
Anzisha Prizes
- Monetary Reward of a shared amount of $100,000
- $2,000 access to a world- renowned Entrepreneurial Leadership curriculum and training with the potential for further investment based on engagement and performance
- $2,500 worth of support from consulting and mentorship services
- $2,000 worth of fees for Global speaking events or Experts in Residence support
- $1,000 worth of access to Regional Indabas across the continent
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
