The Africa Impact Challenge // Apply Before 15th April
The goal of the African Impact Challenge is to build Africa we want to see, by investing in our continent’s early innovators.
The challenge enables them to build market-creating innovations, which tackle their country’s biggest challenges with technology
Inspired by The Prosperity Paradox, the challenge will be run in different African countries every year. Our 2020 pilot was in Ghana, followed by the 2021 challenge in Kenya and recently the 2022 Challenge in Rwanda.
This year the challenge is expanding to South Africa, and introducing a pan-African health-focused stream.
Top-performing teams will receive up to $25,000 in either grant funding or equity investment and travel to Toronto, Canada for up to 4-months with all costs covered, to learn and expand their entrepreneurship network. Registration for the 2023 challenge closes on April 15th.
The target is to successfully kick-start innovations aligned with our selection criteria across the continent.
The challenge is providing the capital, resources, and guidance necessary for early founders to begin from scratch and build viable solutions.
Eligibility
- Young Africans (under 39) who live in the countries of the given year’s challenge.
- A desire to pursue impact-focused entrepreneurship as a means of livelihood.
- A desire to solve critical problems with technology.
- Full-time commitment from the team building the venture.
- Stream 1: Ventures based in South Africa from any sector
- Stream 2: Ventures based across Africa that enable positive health outcomes
Selection Criteria
- our idea should address an identified problem/challenge in your country, by providing a comprehensive solution through a clearly defined job to be done.
- Your solution should be technology enabled in its creation and/or use.
- Preference will be given to solutions that target non-consumption, by increasing adoption, accessibility, or affordability.
- Preference will be given to innovative business models that are scalable.
If this is you…All the best! Get more information about the session here. Apply for the challenge before 15th April.
