African Leadership Academy Anzisha Prize for Young African Entrepreneurs 2023
The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 – 22 years, and hands out over USD $140,000 every year in business support and prize money to very young entrepreneurs from all over the continent
If you are a young African Entrepreneur trying to grow a small business or you’ve created something that provides you and your friends with an income – then we look forward to receiving your application in our 2023 cycle.
Become a role model and inspire other young entrepreneurs to make a difference in their communities and Africa as a whole.
By applying to the Anzisha Prize you stand a chance to win a share of grand cash prizes valued over $50 000 and business support for your business.
Africa’s future lies in your hands and we want to celebrate your potential to grow your country’s economy and create jobs.
Keep following the Anzisha Prize for the latest updates on our 2023 intake.
The Anzisha Prize is funded by a generous grant from the MasterCard Foundation.
About African Leadership Academy
African Leadership Academy combines a world-class faculty and unique instructional methods to create a strong student-centered curriculum. The goal of the ALA curriculum is to provide young leaders with the knowledge and inspiration they need to take action as agents of positive change on the African continent.
Aim and Benefits of Anzisha Prize
- Bi-annual cash stipends to eligible fellows in Year 1 and Year 3 of the fellowship.
- Short term educational opportunities, internships and specialised technical expert consultations for eligible fellows in Year 2 and Year 3.
- Job Creation Prize – awarded to the entrepreneur in Year 2 who has created the most job opportunities since joining the fellowship.
- Revenue Growth Prize – awarded to the entrepreneur in Year 2 with the highest business revenue growth since joining the fellowship.
- Storytelling Prize – awarded to the entrepreneur in Year 2 who has creatively communicated and distributed their entrepreneurship story through written, oral and visual storytelling.
- Integration systems and processes Prize – awarded to the entrepreneur in Year 2 who has effectively used systems and processes to advance their business model.
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Requirements for Anzisha Prize Qualification
- You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before September 1, 2000 or after August 31, 2007, will not be considered.
- You must be a national of an African country with a business based in Africa for African customers/beneficiaries.
- The Anzisha Prize isn’t awarded for great ideas or business plans – you must have already started, and be able to prove it! Get started now and ensure you have tangible results to share before applications open.
- Your business, invention or social project can be in any field or industry (science and technology, civil society, arts and culture, sports, etc.). Any kind of venture is welcome to apply.
- Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started up the project together).
Interview date, Process and Venue for Anzisha Prize
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 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.
How to Apply
Interested and qualified? Go to African Leadership Academy on ala.submittable.com to apply
Download the Application Guide:
The Applications Guide is packed with useful information and guidance to help you submit a high quality application you feel confident about. This year we are thrilled to welcome our tenth Anzisha Prize Fellowship, and we can’t wait to celebrate your achievements with the world!
For more details, visit African Leadership Academy website.
Application Deadline
November 27, 2022
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