You, the entrepreneur, must meet these criteria as you submit your business proposal:
– You must be a citizen of an African country.
– You must be a minimum of 18 years old as of November 1, 2018.
– Your business or idea must be applicable in an African country.
– Your business or idea must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies,…)
– Your business or idea must be for profit.
– Your business or idea must create jobs beyond single family support.
– Your business or idea must have a social impact. You need to articulate the problem you are trying to solve as well as the solution you offer.
– Your business or idea must be relevant to one of these categories:
Innovation: An idea or invention which is or can become a good or service that creates value for which customers will pay.
Ex: Using a new technology (something new to the industry), or using a new business model (new way to deliver, collect, share), or solving a problem not solved before in your region.
Sports: An idea, prototype or startup business in the sports industry which is a Product (e.g. apparel, equipment), Production Method (e.g. supply chain), Service (education, health, spectator-experience, athlete-experience), Supplier (e.g. sources of materials, resources), Market (e.g. buyers) or Media (e.g. promotion, information)
Additional Eligibility Information
– You can submit a proposal as a resident of any country worldwide – keeping in mind that you must be a citizen of an African country.
For example, a resident of Canada with a Senegalese citizenship is eligible for this Award.
– Your business can operate in any African country even if you are not a citizen of that country.
For example, a Ghanaian citizen can submit a proposal for a business in Liberia.
– You can submit a proposal for a business already in operation.
– Your business can operate across borders in multiple African countries.
– Your business should demonstrate the potential to scale beyond one region in Africa to pan-African impact.
– You can operate in multiple countries, but you will be asked to designate a primary African country that will benefit from your business.