$100,000 on the cards for tech savvy, innovative entrepreneurs at the African Impact Challenge

Date:

Share post:

PRESS RELEASE – The goal of the African Impact Challenge is to enable sustainable development locally across the continent, by investing in youth and empowering them to solve identified problems through technology-driven impact entrepreneurship.

The organisers are essentially trying to empower African youth to tackle their own challenges locally with technology. Guided by principles from The Prosperity Paradox, it will be run in different African countries over the next 5 years with the best technology focused universities.

The target is to successfully kick-start 10 innovations aligned with the selection criteria by 2025. This will be done by providing capital, resources and mentorship necessary to begin from scratch with a $100,000 CAD fund.

The first version is taking place in Ghana, and they have partnered with Ashesi University, Ghana Technology University College and University of Development Studies Ghana to roll out the applications. It is open to students in other universities as well. Basecamp Initiative and Ashesi Startup Launchpad will be providing the co-creation spaces. Selected teams will participate in a paid summer incubator, which will bring their ideas to life and make them market ready with funding. This year’s challenge application is open until April 10th at 11:59PM GMT, and Ghanaian youth are all welcome to apply here.

Organizations/investors interested in learning more, or partnering in any capacity as they scale the challenge across the continent, can email [email protected]

Toyin Afilaka
Toyin Afilaka
Toyin Afilaka writes with simplicity and insight. He aims to enrich the Nigerian small business landscape. Through Hustle24 he connects entrepreneurs with information about new policies, enterprise solutions and opportunities that will aid their 'hustle'. He has written extensively for CobraReview, a product review portal, and served as a lead project manager for MarketingMix where he consulted as PR consultant for MTN Project Fame and Business Next Titan etc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Related articles

4 strategies from Bezos that would change your business

Success sometimes can grow to become a craft that leaves behind trails for others to follow. Jeff Bezos...

How to cultivate a purposeful culture

Sarah Turner, the founder and chief executive officer of an eponymous agency, provides interesting insights into how to...

20 Types Of Content To Help You Attract Prospects And Win Customers – Renae Gregoire

If you know deep inside that you need to be doing more to connect regularly with your audience...

High prospect for real estate investment in Nigeria – Bartholomew Egbochie, CEO, ATCO Homes

Lagos, Oct 4, 2023 - The Nigeria real estate sector provides ample investment opportunities. According Bartholomew Egbochie, the...