Africa-wide

Program

Entrepreneurship

The Anzisha Prize - The Anzisha Prize 2022 For Young African Entrepreneurs Movemeback African initiative cover image

Details

The Anzisha Prize is a venture building fellowship program that has successfully supported and championed very young entrepreneurs for over 10 years. The fellowship is a three year program that celebrates and rewards business growth. During the course of the three years, the program will track the performance of the business and the entrepreneur. Businesses that show exemplary growth and initiative are rewarded with benefits and services such as short courses, cloud services and cash stipends.

At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value $140,000. The Grand Prizes are split into 4 categories:

  • The Job Creation Prize
  • Revenue Growth Prize
  • Storytelling Prize
  • Integrating Systems and Processes Prize

Criteria

  • You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before September 1, 1998 or after August 31, 2006, 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)

 

Benefits

  • 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
  • At the end of the three year fellowship, the fellows will graduate and join the Anzisha Prize alumni network

About The Anzisha Prize

The Anzisha Prize celebrates and supports Africa’s youngest, most innovative entrepreneurs, between the ages of 15-22, who have created successful business ventures or social projects across the continent. Each year, 15  incredible young people are selected as Anzisha Fellows – young leaders with growing businesses who can be role models to a new generation. The stories of these entrepreneurs must be documented, celebrated and shared.

We call it the #AnzishaEffect, and it is the power of stories about the very youngest entrepreneurs among us to encourage others to follow in their footsteps in every corner of the continent. Africa needs strong, innovative entrepreneurial young leaders to create jobs, solve problems and drive our economies. Our continent’s future will be determined by entrepreneurial leaders across all sectors. We believe fundamentally in the power of youth-led change.

The Anzisha Prize is collaboration between the African Leadership Academy and The MasterCard Foundation that not only seeks to support young entrepreneurs, but the ecosystem around youth entrepreneurship in Africa. Each year, 12 finalists win an all-expenses paid trip to South Africa to be a part of a week-long entrepreneurship workshop and conference at the African Leadership Academy campus in Johannesburg, and share over $100,000 USD in cash funding.

Anzisha Fellows are supported for life as part of African Leadership Academy’s approach to youth development. Winning the prize is just the first step. Thereafter, mentorship, consulting and community gatherings become part of the fellow experience in the years that follow as they grow their business ventures from strength the strength. The Anzisha Fellow program helps them become the best they can be!