SANKALP AFRICA AWARDS FOR AFRICA’S MOST PROMISING SOCIAL ENTREPRENEURS 2019

0
200

Calling Africa’s most promising social entrepreneurs to apply for the 2019 Sankalp Africa Awards.

Requirements:

  • Have a clear for-profit business model with high potential for scale
  • Are in the sectors of Agriculture, Financial services, Healthcare,Clean Energy, and livelihoods (Education, Water, and Sanitation)
  • Have already conducted some proof of concept or have a beta versiosn of their products running on the ground, and are preferably generating revenues
  • The solution should be clearly catering to rural, low-income, disadvantaged communities or people living at the Bottom of the Pyramid (BoP)
  • Have an experienced and dedicated promoter team.
  • Are looking for funding in the range of USD 100K – USD 1mn

Benefits:

  • One-on-one Investment readiness preparation
  • Pitching in front of seasonal investors and the I3N network members(investors)
  • Match making to potential investors
  • Networking  with pioneers and transformers in the business field in East Africa
  • Networking with other entrepreneurs
  • Hand-holding through the fundraising process
  • Two free tickets to Sankalp

Award Process:

Internal application review and 1st round shortlisting

– Deep dive calls with shortlisted enterprises by the I3N team

– 2nd round shortlisting after deep dive calls

– Communication to successful enterprises after 2nd round shortlisting

– Presentation to a group of select investors- Qualification to be a Sankalp semi-finalist

– Investment readiness support based on the needs identified by the investors and collateral preparation

– Sankalp registration

– Investor Pitching: I3N showcase- closed door event (Morning of 20th February, 2019)

  • Interested investors express interest to invest in your business- feedback is collated and send to entrepreneurs

– Sankalp Awards Pitching: Sankalp finalist grand Jury (Afternoon of 20th February, 2019)

  • Selection to be a Sankalp winner and announcement is done the next day

– Sankalp Awards – Top 5 are selected to have a one-on-one quick chat with Jeff Koinange on the main stage during the main plenary session on 21st February 2019

– Sankalp Awards- The top 3 are given the Sankalp prestigious awards on 21st February 2019

 

How to Apply:

If you are interested in this opportunity, kindly follow the link below

Click here to apply for the 2019 Sankalp Africa Awards

 

Application Deadline: 17th December 2018