So, this article will not just inform you about Anzisha’s prize for African Entrepreneurs, it will also put you through the process of applying rightly and in fact, how to become a beneficiary o this award.
The critical problems that are prevalent in society require creative ways to solve them. Most of these problems are racism, gender inequality, environmental decay, poverty, etc. To this effect, the Anzisha Prize for young African entrepreneurs in 2022 arises to procure creative ways to solve critical issues in response to social innovation. This Anzisha Prize is the biggest award in Africa which is given to very young and promising entrepreneurs within Africa. In fact, these young entrepreneurs get over $100,000 every year in funding from entrepreneurs from all over the continent.

About the Anzisha Prize for Young African Entrepreneurs

The Anzisha Program is a partnership between the African Leadership Academy and Mastercard Foundation whose aim is to increase the number of job entrepreneurs in Africa.
Actually, the aim of the Anzisha Prize is to award young entrepreneurs who have created and implemented innovative solutions to social problems. It is also for young entrepreneurs that own successful businesses within their communities. In addition, the program will test, implement, and share new models that will identify and connect these entrepreneurs. This will help many more organizations have better collective success in creating a pipeline of entrepreneurs with the capabilities for scale. Also, 20 finalists from across Africa will win an all-expenses-paid trip to South Africa for a two-week entrepreneurship workshop and conference at the African Leadership Academy campus on the outskirts of Johannesburg.  Winners will emerge from the finalists and they will share prizes worth $100,000 USD. Afterward, the fellowship will offer them business consulting services to unlock growth potential in their venture. It will also link them to a global network of leaders. This will give the winners access to global speaking opportunities thereby supporting their professional development. Read and apply: Ron Moelis Social Entrepreneurship Fellowship for Undergraduates

What are the Benefits of the Anzisha Prize for the Young African Entrepreneurs?

The winners of the Anzisha Prize for young African entrepreneurs will get: Read and apply: Open Society Initiative for West Africa (OSIWA) Grants

Eligibility Requirements – Who Should Apply for the Anzisha Prize?

Just like every competition, fellowship or scholarship; there are certain expectations the sponsors o this program expects all applicants to fulfill prior to sending in an application. Below are the eligibility requirements for the Anzisha program for young entrepreneurs in Africa.

What is the Selection Criteria for the Anzisha Prize program?

Before you qualify as one of the Anzisha ventures, your business or project will be judged based on the following criteria: Additionally, to be selected as one of the Anzisha Fellows, the person must demonstrate the following qualities:

Venture leader: Are you the leader of your business? Do you drive both the venture’s strategy and operations?Commitment: Do you spend at least 20 hours a week or more on your business and will you continue to do so after selection?

Check this out and apply: Romanian Government Scholarships for Foreign Citizens to Study in Romania

Important Dates for the Anzisha Prize Application Cycle

17 February 2022: Applications Open for the Anzisha Prize.1 April 2022: Applications close.May 2022: Phone interviews and due diligence visit with the semi-finalists, and final selection.July 2022: Announcement of the top 50 finalists of the 2022 edition of the Anzisha Prize.August 2022: Announcement of the top 20 2022 Finalists.October 2022: Anzisha Business Accelerator and Anzisha Prize Awards Forum. Read and apply: Google Africa Ph.D. Fellowship Program for African Graduate Students

How Do I apply for Anzisha Fellowship Program?

The application for the Anzisha program is done online. Click on the button below to start your registration now.

When is the Application Deadline for Anzisha Fellowship for Africans?

The application deadline for the Anzisha Prize for young African entrepreneurs in 2022 is on March 30, 2022. It is currently closed, however, you should keep tabs as we will inform you immediately it opens.

Conclusion

Africa is starting to take its place on the global stage as a continent of growth and opportunity. But critical challenges remain especially the need to create a significant number of jobs for the continent’s booming population. In addition, there is a need to build a cadre of home-grown business leaders able to access global markets and drive growth in a sustainable and inclusive manner. In fact, the Anzisha Prize for young African entrepreneurs in 2022 is central to Africa’s future prosperity. The biggest business opportunities in the coming years will be created by Africans who start businesses, generate jobs and wealth, and capture growth opportunities. Submission of applications will begin by the 17th of February, 2022. The value of the Anzisha Prize award is $100,000 USD. The top 50 Finalists will be announced by July 2022. Announcement of the top 20 2022 Finalists will be made in August 2022.

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