Call for Applications: African Impact Challenge 2023 |Up to $25,000 CAD
The African Impact Challenge aims to create the Africa we desire by investing in the continent’s early innovators. They are able to create market-creating innovations that use technology to address their country’s most pressing concerns.
The challenge begins in April 2023 with a self-paced Pre-incubation phase, which leads to the selection of top-performing businesses for funding and Incubation.
Each top-performing venture will be interviewed and given the option of receiving either a non-dilutive gift or a simple agreement for future equity investment.
Please kindly fill out this short form to register!
Applications Close on 15th April 2023
ELIGIBILITY
Young Africans (under 39) who live in the countries of the given year’s challenge.
A desire to pursue impact-focused entrepreneurship as a means of livelihood.
A desire to solve critical problems with technology.
Full time commitment from the team building the venture.
2023 Stream 1: Ventures based in South Africa from any sector
2023 Stream 2: Ventures across Africa that enable positive health outcomes
SELECTION CRITERIA
Your idea should address an identified problem/challenge in your country, by providing a comprehensive solution through a clearly defined job to be done.
Your solution should be technology enabled in its creation and/or use.
Preference will be given to solutions that target non-consumption, by increasing adoption, accessibility or affordability.
Preference will be given to innovative business models that are scalable.
Get more details and apply HERE
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