GRANTS: Applications for the Anzisha Prize Venture-Building Fellowship 2025 are now open!
Applications are now open for the 2025 Anzisha Prize Fellowship Program. The Anzisha Prize is recognized as Africa’s largest award for the continent’s youngest entrepreneurs, specifically targeting individuals between the ages of 15 and 22. Each year, the program provides over USD $140,000 in support and prize money to outstanding young entrepreneurs from across Africa.
The Anzisha Prize is a venture-building fellowship program that has successfully supported and nurtured young entrepreneurs for over a decade. It is a multi-year program designed to reward and promote the growth of businesses led by very young entrepreneurs. Throughout the fellowship, the performance of both the entrepreneur and their business will be closely monitored. Businesses that demonstrate significant growth and innovation will have access to a variety of benefits, including cash stipends, cloud services, and specialized short courses. At the end of the second year, participants will have the opportunity to pitch their business achievements, competing for prizes totaling $50,000. The awards are divided into four main categories: Job Creation, Revenue Growth, Storytelling, and Integrating Systems and Processes.
The fellowship offers several benefits to its participants. Fellows receive cash stipends at various stages throughout the program, with continued funding contingent on meeting specific milestones. Entrepreneurs also have the opportunity to participate in the Entrepreneur Shadow Program, where they can observe and learn from a business in their region that they admire and wish to emulate. In addition, fellows can apply for the Service Provider Program, which connects them with professionals who possess specialized technical skills needed to address specific business challenges. Furthermore, the program provides access to educational short courses that help entrepreneurs develop leadership and business growth skills.
Here are the benefits of the 2025 Anzisha Prize Fellowship Program:
- Cash Stipends: Fellows receive financial support in the form of cash stipends during the fellowship. Continued stipends are provided based on achieving agreed-upon milestones.
- Entrepreneur Shadow Program: Fellows have the opportunity to shadow and learn from established businesses in their country or region, gaining valuable insights and mentorship from successful entrepreneurs.
- Service Provider Program: Entrepreneurs can apply for the assistance of a professional with specialized technical skills to help solve specific challenges in their business, providing tailored solutions for a set period.
- Educational Courses: The program offers access to short educational courses designed to enhance leadership, business development, and entrepreneurial skills, ensuring continuous learning and growth.
- Prize Money: At the end of the second year, fellows pitch their business progress for a chance to win a share of $50,000 in prize money across four categories: Job Creation, Revenue Growth, Storytelling, and Integrating Systems and Processes.
Link to apply: https://anzishaprize.org/apply/
