• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Call for Applications: Africa New Venture Competition for African Startups ($55,000 in Cash Prizes)

Victor Odeyemi by Victor Odeyemi
November 30, 2022
in Africa, Business, News, Opportunities
0
Call for Applications: Africa New Venture Competition for African Startups ($55,000 in Cash Prizes)

Call for Applications: Africa New Venture Competition for African Startups ($55,000 in Cash Prizes)

Share

The 25th Harvard Business School Africa Business Conference hosts the New Venture Competition, once again, to showcase the diversity of entrepreneurs making a difference on the continent.

Table of Contents

  • Benefits
  • Team Eligibility
  • Evaluation Criteria
  • Application Timeline
  • Click here to apply

Benefits

From the pool of applications, 10 finalists will be invited to pitch their business in front of over 1,000 attendees and receive feedback from a panel of experienced judges. The competition winner and runner-up, and third place will be awarded cash prizes of $30,000, $15,000, and $10,000, respectively.

Team Eligibility

> All African and Africa-focused entrepreneurs with businesses focused on shaping Africa’s future.

> Early stage startups (for profit or not-for-profit).

> Africa-focused with a majority or all of its operations in Africa.

> Less than 50 employees.

> Less than 5 years in operation.

> Raised less $1,000,000 in funding to date.

Evaluation Criteria

> The Team (relevance to problem/breadth/depth of skills; ability to execute)

> The Problem (what is it, how painful is it, who is facing it?)

> The Solution (product or service? technology or more analog? has it been done before?)

> The Context & Opportunity (timing, market size/need, ability to penetrate, strong value proposition and business model, regulatory/tax/political and industry context)

> Go-to-Market Strategy – (who is your target customer, how will you acquire and scale?)

> Competitive Landscape – (competitors, Barriers to Entry, Differentiation

> Risks & Unknowns – (how will you mitigate risks and test assumptions?)

> Financials (How will you generate revenue in the short to longer term? what is your model?)

> Traction & Execution (What have you done so far and still need to do in terms of testing, validation, and growth hypothesis as well as defined milestones)

Application Timeline

Application Opens: November 28, 2022

Application Closes: January 2nd, 2023

Finalists Announced: January 24, 2023

Mentors Matched: January 31, 2023

Round-Robin Session: Early March

ABC New Venture Competition: Friday March 24th

Click here to apply

Post Views: 4
Share

Related Posts:

  • Call For Proposals: Nigeria Soot-free Bus CNG/Electric Bus Deployment Projects (US$ 240,000 - US$ 300,000)
    Call For Proposals: Nigeria Soot-free Bus…
  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2025 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
  • Call For Applications: Harvard Business School Africa New Venture Competition($50,000)
    Call For Applications: Harvard Business School…
  • How African Startups Can Secure Funding in Tough Markets
    How African Startups Can Secure Funding in Tough Markets
Tags: Harvard Business School Africa Business ConferenceHBS Africa
Previous Post

Call for Applications: LEAP Africa Social Innovators Programme (SIP) for Young African Changemakers

Next Post

Sahara Foundation Empowers African Social Entrepreneurs with Seed Funding

Next Post
Sahara Foundation Empowers African Social Entrepreneurs with Seed Funding

Sahara Foundation Empowers African Social Entrepreneurs with Seed Funding

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • FCTA To Make SME Expo Quarterly To Boost Economic Impact
  • Maritime Bank MD Identifies Bottlenecks Obstructing Africa’s Mining Sector Growth
  • Nigeria’s Largest Gas Plant Opens, Unlocking Opportunities for Small Businesses
  • Nigeria Targets $1 Billion Yearly to Expand CNG Projects, Cuts Transport Fares
  • JAMB Warns CBT Centres Against Unauthorized Use of Candidates’,Data

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.