The Anzisha Prize, Africa's award and fellowship for Africa's youngest entrepreneurs, announced that the 2020 call for applications is now open.
Yannick Kimanuka (centre), 2019 grand prize winner, from Democratic Republic Congo (DRC)
Every year, the prize celebrates 20 African entrepreneurs, aged 22 years and younger, each of whom has a chance to win a shared prize of $100,000. The grand prize winner receives $25,000, the 1st runner-up $15,000, and 2nd runner-up $12,500. Every finalist receives US$2,500.
In addition to the cash prize, selected entrepreneurs will join 120 previous winners and become Anzisha Fellows, receiving business consulting support and coaching services by a team of industry experts. They also gain access to the Young Entrepreneurs Fund – a catalytic matching fund designed to strengthen the credibility of very young entrepreneurs through investment.
“It has been an exciting 10-year journey with some of the continent’s brightest and youngest entrepreneurs. With the help of key partners and those who share in our vision, we’ve been able to support and celebrate very young entrepreneurs who represent the diversity of the African continent; entrepreneurs who tackle youth unemployment with vigour and courage beyond their years,” says, Melissa Mbazo-Ekpenyong, deputy director of the Anzisha Prize.
10th year celebrations
To celebrate the decennial, the Anzisha Prize has planned five regional events across the continent, including South Africa, Morocco, Nigeria, Senegal, and Kenya. The events end in October with the Anzisha Prize Forum in Nairobi, Kenya where the 2020 winners will be announced.
Each event is designed to catalyse conversations around youth entrepreneurship and to gather key stakeholders within the entrepreneurship landscape to collaborate with and support these young entrepreneurs.
“The Anzisha Prize has grown to become a holistic and comprehensive prize program that celebrates, nurtures, and advocates on behalf of Africa’s young job creators,” says Daniel Hailu, Regional Head Eastern and Southern Africa Programs, Mastercard Foundation.
Young African entrepreneurs between the ages of 15-22 years old, who are running job generative businesses, are encouraged to apply before 31 March 2020
Download the application guide or apply for the prize at anzishaprize.org/apply