Funding Opportunities for African Businesses
1. Inclusive Fintech 50- 2021
Early stage fintechs around the world providing digital tools and services to aid the recovery of their customers from the negative impact of COVID-19 are called to apply for Inclusive Fintech 50, a programme initiated to make 50 selected fintechs more visible to investors and also help them in scaling their solutions so as to impact billions of underserved people
Solutions like credit, insurance, payments & remittances, savings & personal financial management and infrastructure are of interest
The programme is sponsored by Visa Inc., MetLife Foundation, Jersey Overseas Aid & Comic Relief, with support from Accion and IFC. It is implemented by Center for Financial Inclusion (CFI), a global non-profit organization that uses rigorous research and advocacy to advance inclusive financial systems for billions of low-income people around the world.
To apply visit, https://www.inclusivefintech50.com/. Deadline for application is July 23, 2021
2. Princeton Arts Fellowship
Early career composers, conductors, musicians, choreographers, visual artists, filmmakers, poets, novelists, playwrights, designers, directors, performance artists, etc., who are interested in spending two years to teach and work in artistically vibrant teaching community are called to apply for Princeton Arts Fellowship.
The status of a fellow will be conferred on artists whose achievements have been recognized as promising in any area of artistic practice and teaching.
The normal work assignment will be to teach one course each semester subject to approval by the Dean of the Faculty, but fellows may be asked to take on an artistic assignment in lieu of a class, such as directing a play or creating a dance with students.
A stipend of $86,000 a year will be provided.
Interested applicants should submit a resume or CV and a personal statement of 500 words stating how two years of the fellowship will influence their career. Also works samples should be uploaded online.
To apply, visit https://puwebp.princeton.edu/AcadHire/apply/application.xhtml?listingId=19742. Deadline for application is September 14, 2021
3. LEAP Africa’s Social Innovators Programme (SIPA) 2021/2022 for Young Change Makers
Social entrepreneurs within the age range of 18-35 years working on Agriculture, Youth Empowerment, Education, Science & Technology, Health, Law, Humanity, etc., are called to participate in LEAP Africa’s Social Innovators Programme designed to enable social solutions created by young change makers metamorphose into scalable social enterprises. Selected applicants will have access to coaching/mentoring, business support services, funding opportunities and networking.
Interested applicants must have socially focused ventures located in Africa and must be available to participate in the fellowship activities.
To apply, visit https://zfrmz.com/mw2ETJOWmZ1C8Iy9JVoA. Deadline for application is July 25, 2021
4. Energy Access Booster 2021
Africa or Asia based start-ups working Sustainable Mobility are called to participate in Energy Access Booster 2021.
The programme targets projects at the development stage and companies which focus on the following sub-themes: navigation and mapping tools; shared mobility; ride-hailing; delivery services; connecting isolated communities; mass movement systems; non-motorized transport; cleaner vehicles and Infrastructure.
Successful applicants will benefit from at least one of the following: a financial contribution of up to $50,000 per selected entrepreneur; strategic advisory support; operational support; increased visibility for their venture and company. To apply, visit https://energyaccessbooster.com/application-2021/. Deadline for application is August 15, 2021
5. MEST Africa Entrepreneurial Training Programme
Technophile youths who are degree holders living in Ghana and Nigeria are invited to participate in the Meltwater Entrepreneurial School of Technology (MEST) Africa Training Programme designed to build the capacity of aspiring entrepreneurs as solution developers in regional and global markets. They will be trained on market research, product development and innovation, revenue and business modelling, branding and communications, financial management interests, market and growth hacking, legal and regulatory compliance, metric and measurements, sales and traction and preparation for investments. Some pre-learning courses must be completed before application. For more information, visit https://mest.submittable.com/submit/196094/mest-training-program-class-of-2022-extension. Dealing for application is September 17, 2021
6. The ITU Global South COVID-19 Digital Innovation Challenge
In order to mitigate the impacts of COVID-19, the international Telecommunication Union (ITU) and United Nation for South-South Cooperation (UNOSSC) have organized an innovation challenge to identify, recognize and support the development of digital communities accelerating digital transformation for life after the pandemic.
The challenge is open to governments, NGOs, private sector and start-ups, research institutions, academic and Civil Society Organizations (CSOs).
The digital solutions should address curbing the transmission of the virus, mitigating the socioeconomic impacts of the pandemic and improved recovery.
Winners will receive seed funding of $25k, additional fund-raising and resource mobilization support from UNOSSC through a crowdfunding window via https://www.southsouth-galaxy.org/. For more information, visit https://cocreate.itu.int. Deadline for application is July 31, 2021
7. SAP’s Young Graduate Programme, Nigeria
Young Nigerian graduates in fields related to Business Administration, Management Information Systems and Industrial Engineering that obtained their qualifications (BA/BSc/ HND) within the last three years and also passed with strong GPA are invited to participate in Young Professionals Programme organized by SAP (Systems Applications and Products in data processing). The three-month programme is designed to give recent graduates the certifications and soft skills needed to become SAP Associate Consultants. Interested applicants must be unemployed or underemployed and be fluent in English. To apply, visit https://www.myjobmag.com/apply-now/285412.
8. IBM Code Global Challenge for Developers Worldwide.
Developers and problem solvers around the world are invited to participate in the Call for Code Global Challenge. The aim is to develop solutions addressing specific problems created by climate change. Areas of interest are: Clean water& sanitation, Zero hunger and Responsible production & green consumption. For a solution to be considered, it must use one or more IBM Cloud services or IBM Systems. Deployment of sponsor or affiliated APIs and open source libraries is also allowed.
Interested applicants are expected to form teams of at least five participants, each member not less than 18 years. There is also the University Challenge that allows students to also participate.
All winners will be invited to the Call for Code Global Award Announcement and support from the Linnux Foundation. $200,000 will equally distributed amongst them while $35,000 will be shared by the runners-up. For the University Challenge, each member of the winning team will receive a share out of $10,000 and also an opportunity for an interview for a potential role in IBM. For more information, visit https://callforcode.org/global-challenge/. Deadline for application is July 31, 2021
9. DAAD Helmut-Schmidt- Programme (Master’s Scholarships for Public Policy and Good Governance)
Highly qualified first degree holders (with or without experience) in the fields of law, political science, economics and administration from developing countries nursing the ambition to take leadership roles in their home countries are invited to apply for DAAD Helmut-Schmidt- Programme (Master’s Scholarships for Public Policy and Good Governance).
The fully funded programme aims to prepare them for their future endeavours in terms of social and economic development of their home countries.
To be eligible, an applicant must have graduated within the last eight years. Selected applicants will benefit: study and research grant worth up to €861 per month for master’s degree courses at German tertiary institutions, health insurance cover in Germany, travel allowance between Germany and the developing countries in question, rent subsidies and family supplement.
For information on the application procedure, visit https://static.daad.de/media/daad_de/pdfs_nicht_barrierefrei/in-deutschland-studieren-forschen-lehren/ausschreibung_helmut-schmidt-programm_en.pdf. Deadline for application is July 31, 2021
10. Africa’s Business Heroes Competition
African social entrepreneurs who are impacting positively on their communities are called to participate in Africa’ Business Heroes Competition founded by Jack Ma. The purpose of the competition is to spot and grant support to the next generation of African sociopreneurs in their quest for a more sustainable and inclusive economy for the future. Ten finalists will compete for a share of $1.5 million. Other benefits are: global recognition, networking, mentorship and training. To apply, visit https://africabusinessheroes.org/en/the-prize/overview. Application opens from June 7 to November 30, 2021
11. Milken-Motsepe Innovation Prize for Agri-tech Solutions
Innovators with agri-tech solutions which are able to increase economic value to farmers are called to participate in Milken-Motsepe Innovation Prize Programme 2021
The competition focuses on accelerating progress in achieving Sustainable Development Goals (SDGs) 1 and 2: no poverty, no hunger. There are two competition rounds: (1) Design round where teams will submit their design and business model (2) Finalist round where teams will develop their prototypes and conduct field tests on small and medium-sized farms in Africa.
All participating teams will receive a 12-week experiential learning program courtesy of Stanford Center for Professional Development. Upon completion, a certificate will be issued. There will also be mentoring from industry experts and pitch/feedback sessions
Winning teams will receive $1m grand prize with $1m additional prizes.
They will also have access to: investors, data analysis and networking opportunities. For more information, visit https://milkenmotsepeprize.org/. Deadline for application is December 8, 2021
12. Royal Academy of Engineering Africa Prize for Engineering Innovation 2022
African innovators that have developed or in the process of developing new technological innovations addressing development needs or challenges affecting their respective countries can apply for Africa Prize for Innovation organized by Royal Academy of Engineering. The developers of selected innovations will receive comprehensive and tailored business training, sector-specific engineering mentoring, communications support, pitching opportunities and also networking access. There will be a competition amongst the trained and mentored candidates with the winner receiving £25,000 and three runners-up receiving £10,000 each. Deadline for application is 20th July, 2021. For more information, visit https://www.raeng.org.uk/global/sustainable-development/africa-prize.