Call for Applications: African Impact Challenge 2023 (Up to $25,000 CAD)

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Call for Applications: African Impact Challenge 2023

The goal of the African Impact Challenge is to build the Africa we want to see, by investing in the continent’s early innovators. They are enabled to build market-creating innovations, which tackle their country’s biggest challenges with technology

The challenge starts with a self-paced Pre-incubation phase beginning in April 2023, which leads to the selection of top-performing ventures for funding and Incubation.
Each top-performing venture will be interviewed and allowed to choose between a non-dilutive grant or a simple agreement of future equity investment.
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Please kindly fill out this short form to register!

Applications Close on 15th April 2023

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.

  • 2023 Stream 1: Ventures based in South Africa from any sector

  • 2023 Stream 2: Ventures across Africa that enable positive health outcomes

SELECTION CRITERIA

  • Your 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.

Get more details and apply HERE

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