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Applications open for the sixth edition of Africa’s biggest entrepreneurial competition The Africa’s Business Heroes (ABH) Prize Competition has launched its sixth annual continent-wide search for 10 exceptional entrepreneurs who are striving to make a… read more
Program benefits Grant funds of up to $300,000 Our Top 10 finalists share a prize pool of $1.5 million in grants ranging from $100,000 to $300,000. The winner takes home $300,000; The 1st runner-up and 2nd runner-up take home $250,000 and $150,000 respectively. All other 7 finalists, take home $100,000. An additional $100,000 is allocated for global immersion training. Global recognition and exposure ABH spotlights talented African entrepreneurs as finalists progress in the competition via press releases, social media, and news articles at every stage of the competition. We also provide significant exposure opportunities to the Top 10 finalists via extensive PR exposure and media coverage. Access to an exclusive & vibrant entrepreneurship community and network Finalists join an exclusive community of some of the most impactful and successful entrepreneurs from across the continent. ABH organizes numerous online and offline networking opportunities where these entrepreneurs can connect and collaborate. Mentorship from business icons Our finalists are given access to mentorship opportunities with global business icons, investors, and business professionals both throughout the competition and afterward. Targeted and practical training programs ABH community members are given access to a range of bespoke training programs including financial management, marketing insights, understanding IP law, and more. Finalists are also given the opportunity to access additional programs and services such as investment readiness and management training via our network of partners and judges. Insights into your business Throughout the application process, we help our applicants strengthen their storytelling and pitching efforts via an introspective application process. Applicants are also given feedback at each stage of the competition, and they receive advice from numerous business professionals and seasoned entrepreneurs throughout the competition.
Eligibility criteria In order to apply, you must meet the following eligibility criteria: You’re the founder or a co-founder. You’re an African citizen or the direct descendant (child/grand-child) of an African citizen. Your company is registered, headquartered and primarily in an African country. Your company has market traction and at least 3 years of revenue.
How to apply You can apply using the following steps: Step 1: Register an ABH account Step 2: Confirm your eligibility Step 3: Fill in the application Step 4: Get a reference Step 5: Submit a video of a customer testimonial