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Apply now for the 2024 Africa Business Concept Challenge.

Date:

Apply now for the 2024 Africa Business Concept Challenge. Applications are now open for the Africa Business Concept Challenge (ABCC).

GBSN is pleased to present the 4th annual Africa Business Concept Challenge (ABCC), a virtual business concept competition for African undergraduate and graduate students. The competition challenges student teams to develop a viable business concept that addresses a locally relevant challenge or problem related to Agenda 2063 and inclusive and sustainable development.

The Africa Business Concept Challenge intends to assist young people from the African continent who have an entrepreneurial orientation and a desire to serve their community and demonstrate their values. With a focus on promoting responsible business, the competition identifies high-potential young people for mentorship and investment.

See Also: Apply now for the 2024 Orange Corners Nigeria Incubation Program for Young Entrepreneurs.

Eligibility and Requirements for the Africa Business Concept Challenge

Participants are to meet the following:

  • The Africa Business Concept Challenge is open to all institutions of learning, training, and development on the African continent.
  • Teams must consist of 2-5 students, undergraduate or graduate. Each team will have a team captain.
  • Each team is required to register one Faculty Mentor.
  • Teams must consist of two to five members, and at least two must be current students at an African institution at the time of the competition.

What You Stand to Gain

Selected teams will receive the following:

  • The first-place winner will receive a $5,000 cash prize.
  • All teams will receive exposure, expert feedback, and valuable international networks from a designated Investor expert.
  • They receive networking opportunities with student teams from across Africa as well as experienced entrepreneurs and industry professionals.
  • They will have access to mentors and experts from across the globe.
  • They will receive personalized feedback and individual feedback during the project development process.
  • Teams will receive mentorship from high-caliber experienced investor experts. The majority of them are experienced, entrepreneurs and industry leaders.
See also  Hurry to apply for Africa Science Leadership Programme (ASLP) 2023 A promising program for Mid-career African Researchers.

Application Process

The application deadline is the 5th of March, 2024.

Click here to apply.

For more information, visit the official webpage of the Africa Business Concept Challenge (ABCC).

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