Afro-Students Biz Challenge, an entrepreneurship challenge for student entrepreneurs in high schools and universities across Africa, is announcing a call for new applications.
According to the organisers, students from anywhere across Africa can showcase their innovative business models and community service projects while standing a chance of reaping financial rewards. However, such ideas and projects must have the capacity to address one or more of the 17 Sustainable Development Goals (SDGs).
Shortlisted teams from each participating country will be invited to the Annual Afro-students entrepreneurship education summit where they will pitch to a panel of judges who will determine the most creative, innovative and impactful team/initiatives/business models.
High school and university participants must form a team of not less than 5 students and not older than 25 years. Individual entries are allowed for university students.
Competition categories are both for-profit enterprise (with a business model that is focused on addressing at least one customer problem and has the ability to maximise profit and scale) and social enterprise (with business model focused on addressing at least one social problem) with the capacity to generate revenue for the sustenance of the social impact. Prizes are $5,000, $1,500 and $1,000 for first, second and third place respectively in both categories.
Submission deadline is 31st March 2019. Meanwhile you can apply here.
Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.
Lead Venture Analyst at Techpoint. Eager to tell startup stories that offer Nigerians the much needed creative solutions to relate-able problems. Get in touch.