Worth $1M and Fully Funded Trip to Morocco: 4th African Entrepreneurship Award by BMCE Bank of Africa

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Worth $1M and Fully Funded Trip to Morocco: 4th African Entrepreneurship Award by BMCE Bank of Africa
Worth $1M and Fully Funded Trip to Morocco: 4th African Entrepreneurship Award by BMCE Bank of Africa

 

Eligibility:

  • Your idea or business is a for-profit.
  • You have a strategy for positive social impact.
  • Your idea fits in one of this year’s categories.
  • Your idea is for Africa, or an African country.
  • You must be a citizen of an African country.
  • You must be a minimum of 18 years old as of November 1, 2018.
  • Your business or idea must be applicable in an African country.
  • Your business or idea must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies,…)
  • Your business or idea must be for profit.
  • Your business or idea must include a social impact. You need to articulate the problem you are trying to solve as well as the solution you offer.
  • Your business or idea must be relevant to one of these categories:

Categories:

Innovation: An idea or invention which is or can become a good or service that creates value for which customers will pay.

Ex: Using a new technology (something new to the industry), or using a new business model (new way to deliver, collect, share), or solving a problem not solved before in your region.

New technology, a new business model or attempting to solve a problem that’s never been solved before.

CRITERIA INCLUDE

Is it durable?

Is it multi-functional?

Is it environmentally sustainable?

Is it low cost?

Sports Entrepreneurship: An idea, prototype or startup business in the sports industry which is a Product (e.g. apparel, equipment), Production Method (e.g. supply chain), Service (education, health, spectator-experience, athlete-experience), Supplier (e.g. sources of materials, resources), Market (e.g. buyers) or Media (e.g. promotion, information).

Promotes integrity, perseverance and friendship to unite communities.

CRITERIA INCLUDE

To what extent does it strengthen the economy?

To what extent does it improve health of our youth?

To what extent does it reflect values, especially integrity?

Timeline:

April to October 2018:

3 ROUNDS OF ONLINE MENTORING
 mentors help define your market & put your scalability to the test.
October to December:

ON-SITE VISITS
Entrepreneurs in the top 50 are visited by the Award team.
December:

BOOTCAMP
Finalists benefit from a 3-day Boot Camp; then pitch their ideas to the Presidential Jury.
THE AWARD
The jury decides the number of winners & how the $1 million award is shared.

Deadline: April 30th 2018

For more Information:

Worth $1M and Fully Funded Trip to Morocco: 4th African Entrepreneurship Award by BMCE Bank of Africa
Worth $1M and Fully Funded Trip to Morocco: 4th African Entrepreneurship Award by BMCE Bank of Africa

Please visit the official Page

 

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