ACT Foundation set to give N12m in grants for 2022 Changemakers Innovation Challenge


Applications are now open for the 2022 edition of the Changemakers Innovation Challenge, one of the ACT Foundation’s premier charitable initiatives showcasing and honoring Africa’s entrepreneurial brilliance.

Online applications began on July 4 and will end on July 24, 2022, according to a statement from the ACT Foundation.

The statement further said the top 10 finalists will be announced on 26th August 2022. Three ultimate winners from the pool of ten finalists will be unveiled at ACT Foundation’s annual Breakfast Dialogue in September 2022.

“Entrepreneurs from all of Africa, across every age group and gender and pursuing change within the Foundation’s key focus areas – Health, Entrepreneurship, Environment, and Leadership can still submit their applications for a chance to become one of the top 10 finalists.

The three winners will each receive N12 million in prize money from the ACT Foundation. Additionally, the ACT Foundation and its partners will provide mentoring and in-kind assistance to all 10 finalists.

The Changemakers Innovation Challenge focuses on entrepreneurs who have previously started their businesses and have a two-year track record in order to reach as many entrepreneurs as possible, the statement continued.

“This year’s theme, Innovations that provide lasting solutions to Africa’s greatest challenges, is a bold call to action,” said Osayi Alile, CEO of ACT Foundation. “We call on all talented African entrepreneurs who challenge stereotypes associated with food insecurity, weak health systems, low access to healthcare, low-quality education, climate change and desertification, high unemployment, financial exclusion, water scarcity and economic inequality.”

“With the rapid development of the global digital economy and the availability of technology, the next century belongs to Africa,” Alile added. “Through the Changemakers Innovation Challenge, we aim to support African entrepreneurs to build a more inclusive and prosperous Africa and dramatically shape the continent’s future prospects for the better.”

For more information on how to apply, click HERE.


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