FINCA Ventures Prize Competition 2025 for African Social Entrepreneurs ($100,000 Grant Prize)
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For extra info, go to FINCA Ventures.
Deadline: April 30, 2025
Applications at the moment are open for the 2025 FINCA Ventures Prize Competition. The FINCA Ventures Prize Competition helps rising African entrepreneurs who’re leveraging progressive applied sciences and designing disruptive enterprise fashions to drive influence and innovation. Hosted by FINCA Ventures, the Prize Competition is a “shark tank” model occasion that brings collectively early-stage corporations and visionary leaders, donors and buyers who’re keen about entrepreneurship. Entrepreneurs compete for the OPPORTUNITY to be awarded grant funding of as much as $100,000 to additional develop their social enterprises.
Are you an African entrepreneur working to disrupt the market with a daring concept that might assist finish poverty in our lifetime? FINCA Ventures is internet hosting the second annual Prize Competition to fund early-stage corporations with visionary leaders seeking to drive influence and innovation in local weather-good agriculture and fintech in Sub-Saharan Africa.
This yr’s competitors shall be held in San Francisco, California. It will give attention to Africa-based social enterprises working within the local weather-good agriculture and fintech sectors. September 15: Finalists will pitch their concepts to a panel of judges. Held on the Center for Social Innovation, Stanford Graduate School of Business.
Benefits
In every class, the grand prize winner will obtain a grant award of $100,000. The second and third place finalists will obtain grant awards of $60,000 and $40,000, respectively.
There isn’t any value to take part within the competitors. For candidates invited to pitch on the occasions in San Francisco, FINCA will prepare for and canopy the prices of journey.
Eligibility
- Companies will need to have a minimum of one African founder, be for-profit, publish-income, be income producing for 5 years or much less, be operational in sub-Saharan Africa, and deal with points in monetary inclusion or agriculture as described above.
- To win a grant award, individuals should have the ability to journey to San Francisco (with prices lined by FINCA) to current in entrance of a panel of judges and attend the awards ceremony and reception.
Criteria
The entries shall be judged in line with the next standards:
- Strength of Entrepreneur & Team
- Innovativeness of Solution
- Social & Environmental Impact
- Market Traction and Financial Sustainability
- Strategy for Growth
Application
Applicants should create an account and reply all of the questions posed on this application type. Submissions have to be full earlier than the competitors deadline.
