The Africa Business Heroes initiative is courtesy of the Jack Ma Foundation’s pioneering philanthropic movement in Africa. Jack Ma Foundation is dedicated to empowering and uplifting local talent. To this end, the foundation is on course to provide financial grants to 100 exceptional African entrepreneurs. Aside from the grant, the Africa Business Heroes initiative is set to provide comprehensive training programs and support. This move is geared towards bolstering the entire African entrepreneurial landscape.
The primary objective is to amplify the remarkable efforts of entrepreneurs driving meaningful change within their communities and beyond, fostering a thriving ecosystem of African entrepreneurship. Each year for the next decade, the Africa Business Heroes program will organize a competition where ten selected “business heroes” will compete for the coveted prize of USD 1.5 million in startup grants.
Requirements and Eligibility for the Africa Business Heroes (ABH) Program
The following are some of the requirements to be a part of the Africa Business Heroes (ABH) program:
Applicants must have Africa-based businesses that is the business must be domiciled in any of the 54 countries in Africa
Applicants must be Africans or have provable African descent
Buisnesses must have passed the post-idea stage and be fully operational for at least three years with three years of revenue history
Applicants must have a referral
Applicants must be willing to take part in marketing activities during the competition
How to Apply for the Africa Business Heroes (ABH) Program
To apply for Jack Ma Foundation’s startup grant initiative, you only need to visit https://africabusinessheroes.org/ and create an account. When the window opens, you’d provided with updates on what to do.
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