Funding Opportunities For African Business

  1. The Google for Startups Black Founders Fund Africa Program 2022 for early-stage African Startups ($4 million in funding)

A Google for startups initiative giving access to funding to Black-founded startups in Africa. Through the Google for startups Black Founders Fund Africa, Google is supporting early-stage, Black-founded startups on the continent. Google want to bridge the existing fundraising gap for Black startup founders in Africa’s fast-growing technology landscape. Founders will receive up to $110K in equity-free cash, up to an additional $200K in Google Cloud Credits, and access to the best of Google-people, products, and practices.

Eligibility Requirements

Startups must be:

  • Headquartered in Africa or has a legal presence on the continent
  • Building for Africa and a global market
  • Creating jobs, able to show growth potential to raise more funding, and making an impact

With a founding team that is:

  • Diverse, with at least one Black C-level founding member
  • Directly supporting the Black community

Technical requirements:

  • Technology startups with a live product in-market or a business where technology is core to their ability to scale (the initiative is not for consultancies or not-for-profits)
  • Compatibility with Google products – our products can accelerate your growth


  • Access to capital: Up to $100K in equity-free cash will be awarded to each startup. Each startup will receive either $50,000 or $100,000. Funding varies according to each startup’s product development stage, current needs, and how much they have already raised.
  • Global community: At its core, the Black Founders Fund is a global initiative. Selected founders have the opportunity to connect with founders from all over the world.

For more information:

Visit the Official Webpage of the Google for Startups Black Founders Fund Africa Program 2022

  1. 2023 Queen Elizabeth Prize for Innovation in Engineering (£500,000 Prize)

The QEPrize seeks nominations from the public that celebrate a wide variety of engineering innovations across all sectors of the of the profession, and a breadth of nominations from all corners of the globe. The £500,000 prize is the world’s most prestigious engineering accolade, awarded to up to five engineers responsible for a bold, groundbreaking engineering innovation of global benefit to humanity.


Entry to the Prize is open to:

  • Any individual (or not more than five living individuals working as a team);
  • Of any nationality;
  • Who is personally responsible for a ground-breaking innovation in engineering which has been of global benefit to humanity. Self-nomination is not permitted.
  • The Trustees reserve the right to reject any nomination where, in their reasonable opinion, there is or is likely to be a conflict of interest between the nominees, nominators or any referees and any other nomination or the Prize more generally.

The Prize

The winners will be awarded:

  • A total cash prize of £500,000 (five hundred thousand GBP); and
  • Appropriate memorabilia to be decided by the Trustees in their sole discretion (the “Prize”). In the event that the Prize is received by more than one individual (but not more than five individuals, as above) collaborating under a single nomination, the Prize money will be shared between the winners as determined by the Trustees in their sole discretion on the advice of the Judging Panel.

For more information:

Visit the Official Webpage of the 2023 Queen Elizabeth Prize for Innovation in Engineering

  1. Atlantic Dialogues Emerging Leaders Program 2022 (Fully Funded to Marrakesh, Morocco)

The Policy Center for the New South (PCNS) is organizing the 11th edition of the Atlantic Dialogues Conference, a high-level conference convening influential public and private sectors leaders from around the Atlantic Basin for open, informal discussion on cress-regional issues.

The ADEL program is PCNS’s flagship young professionals program, held two days prior to the Atlantic Dialogues conference. Every year, this program brings together 30 to 50 young leaders from around the Atlantic basin and Africa. These rising leaders have displayed leadership capabilities, and have a strong sense of commitment to social and economic issues facing their communities in particular and the world in general. In 2022, 30 young professionals will be selected to participate in the 2022 Atlantic Dialogues Emerging Leaders Program.

The ADEL program will be held from December 11-14, 2022 in Marrakech, Morocco. The Emerging Leaders will then join the Atlantic Dialogues Conference from December 14th to 16th.

Eligibility Criteria

  • Applicants must be between the ages of 25 and 35 (included) on May 13th, the day the applications for the program open.
  • Applicants must be citizens of countries located in Africa, North America, South America, Central America, Europe or the Caribbean – citizens of the countries bordering the Atlantic Basin will be given priority. Also eligible are applicants who are citizens from other countries who have residency in countries of the regions listed above.
  • Applicants must demonstrate proficiency in English in their personal statement and short video.
  • Applicants must guarantee their availability for the full duration of this six-day program, which will take place from December 11th to 16th, in Marrakesh, Morocco.


  • For the 30 selected participants, the PCNS will cover economy class airfare to and from Morocco. In addition, local transportation, catering, and hotel accommodation during the dates of the program and conference will be covered by the conference organizers.

For more information:

Visit the Official Webpage of the Atlantic Dialogues Emerging Leaders Program 2022

  1. TWAS-Lenovo Science Prize 2022 for Scientists from Developing Countries (USD$100,000 Prize)

 The TWAS-Lenovo Science Award is one of the most prestigious honours given to scientists from the developing world. The TWAS-Lenovo Science Award carries a monetary award of USD100,000 provided by Lenovo, as well as a medal and a certificate highlighting the recipient’s major contributions to science. The award is presented to the recipient at a special ceremony arranged by TWAS.

In 2022, the award will be given to an individual in recognition of his/her pioneering achievements in social and economic sciences that have direct impact on crosscutting SDGs and intersectionality, including but not limited to:

  • Poverty and hunger reduction (including food and nutrition security)
  • Inequalities (including gender inequities and gender violence)
  • Quality education (including inclusive education and teacher education)
  • Health (including mental health, well-being and pandemics)
  • Climate change (including adaptation/resilience and climate financing)
  • Clean energy and safe drinking water

Candidates must be nationals of a developing country, living and working in the Global South for at least the last 10 years. The award will only be conferred to an individual for scientific research in social and economic sciences of outstanding international merit carried out at institutions in developing countries. Self-nominations and nominations from jury members will not be accepted. Fellows of TWAS are eligible for the TWAS-Lenovo Science Award.

For more information:

Visit the Official Webpage of the TWAS-Lenovo Science Prize 2022

  1. Idea Lab Incubator Program 2022 for Social Entrepreneurs

The American Society of Mechanical Engineers (ASME) is now accepting applications from aspiring social entrepreneurs worldwide for the first round of its Idea Lab Incubator, a new program that extends the reach of the ASME Innovation Showcase (ISHOW) hardware accelerator platform. Idea Lab is open to individuals and teams who have identified a pressing social and/or environmental challenge they think could be addressed through a hardware-led innovation. Applicants can submit either an engineering problem statement or a conceptual hardware solution that, once developed and scaled, will have a positive impact on vulnerable populations.


  • Entrepreneurs, academics, engineers, designers, students, hobbyists, and others with an innovative mindset, passion for solving urgent problems, and willingness to learn and are encouraged to apply for this customized learning and mentoring opportunity.
  • Interested applicants can access free educational resources on the ISHOW website to familiarize themselves wit the design process before submitting an Idea Lab application.


  • An initial cohort of Idea Lab candidates will be engaged in the program for six to 18 months, depending on their stage of development, technical knowledge, and required mentorship.
  • They will receive a range of benefits, including guidance through the design process, expert mentorship and assessment, access to design services, design and engineering software/tools, and funding to cover prototyping expenses.
  • Candidates can expect to spend an average of two to four hours per week split between flexible scheduled meetings and self-paced learning modules.
  • Mentors include industry professionals with expertise in research, design, engineering, business development, and more. Idea Lab candidates will work closely with Engineering for Change Fellows who will guide them through their technology development journey.

For more information:

Visit the Official Webpage of the Idea Lab Incubator Program 2022

  1. Lasting Impact Through Systems Change Grant Program

 The Sorenson Impact Foundation (SIF) has launched the Lasting Impact Through Systems Change grant program that will continue the theme for systems change by focusing on fundamental socio-economic gaps, barriers, and challenges in our society and supporting solutions that are addressed or catalyzed by impact investing.

Focus Areas

SIF is seeking proposals for projects addressing the following areas:

  • The Wealth Gap
  • Displaced Populations
  • Inclusive Investment
  • Unlocking impact measurement at scale

Funding Information

Awards are anticipated to range in size from $100,000 to $250,000.

For more information, visit

  1. Startup Wheel 2022: Accelerator Program

 The Business Startup Support Centre (BSSC) has announced the Startup Wheel 2022 Accelerator Program, a 6-month program to help startups scale their business. Startup Wheel attracts and spotlights the most potential startups out of 1,500 startups around the world, and helps them connect with Potential Customers, Business Partners, Industry Leaders, and Leading Investors through a series of activities and events.

Relevant Stakeholder

  • Accelerator
  • Incubator
  • Investor
  • Mentor
  • Individual
  • Ideation Stage Startup
  • Validation Stage Startup
  • Early Traction Startup
  • Scaling Stage Startup


  • special Category Incentives Top 1, Top 5, Top 50
  • other specials: cash, office support, free startup showcase to raise funds, exhibition booth, free tickets attend Vietnam Startup Day 2022

Eligibility Criteria

The startup must:

  • be less than 8-years in operations
  • be an independent company (not a subsidiary)
  • have a working beta product or service (preferable)

For more information, visit

  1. Big Tech & Society Media Fellowships 2022

Applications are now open for the Big Tech & Society Media Fellowship 2022. The Big Tech & Society Media Fellowship offers journalists and media professionals the opportunity to pursue deeply researched, investigative log-form projects in print and audio on issues at the intersection of technology, policy, and economy. Specifically, they are looking to support work that is focused on the Global South, which surfaces strong regional local narratives of technology, capitalism, policy, and development from Africa, Asia-Pacific, and Latin America, and integrates economic and gender justice concerns.

Thematical Areas

Major themes and an indicative (but not exhaustive) set of issues that the fellowships cover include, but are not restricted to:

  • Corporate power and digitization
  • Corporate excesses, data extractivism, and human rights
  • Regulation of corporate power
  • Alternatives to Big Tech
  • Southern feminist perspectives on digital capitalism

Award Information

Funding ranging from USD 1,000 to USD 3,500 will be made available to selected applicants to work on and, develop media pieces that draw on substantive on-ground reporting and primary research. Two fellowship tracks are available for interested candidates to apply.

  • Track 1: Stipend (USD 1,000)
  • Track 2: Stipend (USD 3,500)

For more information, visit

  1. UN Women: Open Call for Advance Women’s Political Participation in Nigeria

 UN Women invites interested organizations to apply as partners for implementing gender-responsive legal frameworks/policies, enhancing the capacity of political parties and electoral bodies to develop gender-responsive policies that promote gender balance in political leadership positions, and strengthening the capacity of young women to participate in political activities. UN Women is offering grants to increase the participation of women in the electoral process of Ekiti State as candidates and voters. UN women in Nigeria is working to contribute to country-level efforts to boost women’s political participation, including through the reduction of electoral violence against women.


Funding Information & Duration

  • The budget range for this proposal should be 11-12 million Naira
  • The project implementation is expected to start as soon as possible upon signing of the Project Partner Cooperation Agreements (PCA) for a period up to 5 weeks. The Project will start on May 23, 2022 to June 30, 2022

For more information, visit

  1. 2022 Grant to support Mother-Child and Pediatric Health in Africa

 The Madiro has launched its annual round of grants to support initiatives aimed at improving health. These grants will fund organizations who work to meet the health needs of unserved or underserved communities on the African continent. Projects must focus on mother-child health and/or pediatric health. Successful projects should showcase a direct positive impact on the physical and/or mental health of the organization’s beneficiaries.

Funding Information

Madiro is offering one CA$75,000 grant and one CA$50,000 grant.

For more information, visit


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