A call for applications for the RUFORUM Young African Entrepreneurs Competition (RUYAEC). The Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) is calling African entrepreneurs from South Africa, Zambia, Angola, Lesotho, Mozambique, Malawi, Namibia, Swaziland, Botswana, and Zimbabwe for the 2023 RUFORUM Young African Entrepreneurs Competition (RUYAEC).
The RUFORUM Young African Entrepreneurs Competition (RUYAEC) is a consortium of 147 Universities in 38 African Countries. It aims to imbue entrepreneurship by promoting business innovation and providing seed funding to young entrepreneurs with creative and innovative business ideas among Southern African youth.
Africa is a continent filled with hope. The youths are at the center of its revival, and it is the fastest growing demographic, with Africa’s population expected to more than double by 2050 to 2.4 billion.
The application targets young entrepreneurs and incubates below 35 to compete for 20 awards showing their innovations, enterprises, business concepts, and propositions.
Eligibility and Requirements
Participants must meet the following criteria:
- Participants should have an established business enterprise.
- The innovations submitted should have the potential to be commercialized.
- Participants are to submit a potentially defined business model.
- Participants are to be above the age category of 16-34 years.
- Participants should submit in English or French using the template provided.
What You Stand to Gain from the RUFORUM Young African Entrepreneurs Competition
- RUFORUM will provide seed funding to selected entrepreneurs.
- The challenge will provide opportunities for selected applicants to showcase their businesses and share their development as an inspiration to many young African potential entrepreneurs.
- The provision of awards will be through a transparent and competitive process.
- RUFORUM will provide a platform for young entrepreneurs to pitch their businesses to investors and stakeholders through capacity-building opportunities.
- RUFORUM aims to create a network of young entrepreneurs across Africa working together and sharing experiences that escalate youth contribution and job creation in Africa.
Award Category for the RUFORUM Young African Entrepreneurs Competition
The RUYAEC award category is as follows:
- Natural resources
- Among other areas
Click here to apply.
Application Deadline is on the 15th of October, 2023.
For more information, visit the official webpage of The Regional Universities Forum for Capacity Building in Agriculture (RUFORUM).