campusflava

Monday, June 1, 2015

Apply For BMCE Bank of Africa-African Entrepreneurship Award (WORTH USD$1 million) for African Entrepreneurs In Africa and Abroad

African Entrepreneurship Award
Course(s) Offered: Business ideas
Course Level: Mentoring, Training
Provider: BMCE Bank of Africa
Country to Study in: Africa
Scholarship Description
Are you an African citizen with a business idea that will create jobs and improve lives in Africa? Will it improve education or the environment, or solve a problem that isuncharted?
The African Entrepreneurship Awardis looking to fund you with a million dollars. The journey begins NOW with submitting your business idea and your story by June 30.
The African Entrepreneurship Award, powered byBMCE Bank of Africa, offers a mentoring journey for business ideas that can impact and improve lives in Africa. The goal of theAfrican Entrepreneurship Awardis toinspire African entrepreneurs– living in Africa and abroad – to develop businesses across the African continent, creating jobs that improve lives.
Eligibility
You, the entrepreneur, must meet the following criteria as you submit your business proposal:
*.You must be a citizen of an African country
*.You must be a minimum of 18 years old as of October 1, 2015
*.Your business must be applicable in an African country
*.Your business must be relevant to one of these categories:
*.Education – positively impact education in Africa
*.Environment – positively impact the environment in Africa
*.Uncharted – a high-impact business venturing into unexplored territory or untested marketsADDITIONAL INFORMATION:
*.You can submit a proposal as aresident of any country worldwide– keeping in mind that you must be acitizen of an African country
*.For example, a resident of the United Arab Emirates with Egyptian citizenship is eligible for this Award
*.You can submit a proposal if you are of any ageover 18 as of October 1, 2015
*.Your businesscan operate in any African countryeven if you are not a citizen of that country
*.For example, you can submit a proposal for a different country in Africa than your personal, African citizenship (e.g. a Ghanaian citizen can submit a proposal for a business in Liberia)
*.You can submit a proposal for abusiness already in operation
*.Your business can operateacross bordersin multiple African countries
*.Your business should demonstrate the potential toscale beyond one region in Africato pan-African impact
*.You can operate inmultiple countries,but you will be asked todesignate a primary communityin Africa that will benefit or be impacted by your business.Eligible groups
Citizen of ANY African country
Participating Institutions
BMCE Bank of Africa
Areas of Training
Education, the Environment and any other Uncharted areas
Sponsorship duration (Rounds)
There will be practical mentoring in three Rounds:
*.Round 1 – Regional mentors advise you in May and June on regional issues and decide which ideas most needed in your region
*.Round 2 – Pan-African mentors advise you in July and August on how to get your idea beyond your borders to successfully impact pan-Africa.
*.Round 3 – Global Partners advise you in September on how to become sustainable and scale your idea.
*.Jury – The Final Jury of entrepreneurs, business leaders and academics from Africa, China, and the USA will meet you in person in or by video October to hear your business idea and decide the winners.SELECTION:
*.The First round finalists will be announced in early July.
*.Final winners will be announced in October 2015.
*.Successful applicants will be notified afterJuly 7, and begin to receive local and international mentoring to shape their ideas.
*.Selected finalist will then be trained to pitch to aPresidential Juryfor a financial award of$1 Million, by October 2015.Scholarship benefits
The Award partners with entrepreneurs, business leaders and leading academics from Africa, Asia, Americas, UK and Europe. These partners are mentors who provide coaching to African entrepreneurs at every step of this journey.
The journey includesUSD$1 millionacross three categories: Education, the Environment and Uncharted areas – never been done before in Africa. TheAfrican Entrepreneurship Awardwill help you start or grow yourbusiness to create jobs and impact Africa.
Every entrepreneur needs more than money. You need mentors to come alongside you,advise you,ask hard questions,encourage you,comfort you, andhelp you persevere.
Method of Application
To apply, you need to submit an application before the deadline date. Please Submit Your Application Here for the 2015 African Entrepreneurship Award.
It is also important to visit the official website (link to it is below) for complete information on how to apply for this award.
DEADLINES:
The last day to submit all business proposals is June 30, 2015
PLEASE NOTE:
Finalists will present ideas to Presidential Jury for multiple Awards by October 2015.
Success is not just winning this Award. Instead, this African Entrepreneurship Award is thebeginning of our Journey togethertotest,plan,launchandscaleyour new business to impact Africa.
BMCE Bank of Africa recognizes that you, the African entrepreneur, are a risk taker who seeks mentoring, practical support, and business colleagues as you start up revenue-generating businesses thatsolve problems and meet needs.
Application Deadline:30 June 2015
Open to International Applicants:No (ONLY Africans)
More Scholarship Information and Application, Click Here

No comments: