Africa Young Entrepreneur Support Program 2020 (15,000 USD Fund)

The Africa Young Entrepreneur Support (YES) Program is a 6-month funded intensive entrepreneurship, leadership and business training that provides early stage social entrepreneurs of under the age of 30 years, with the resources they need to discover opportunities, unlock their potential and create impact in their local communities.

The program seeks to identify, inspire and empower 30 young social entrepreneurs to recognize opportunities, explore innovative approaches, mobilize resources, manage risks, and build viable social enterprises. 

WORTH

  • During the 6-months program, at least 3 fellows will be selected to receive a minimum of 15,000 USD in total grants, which is a zero-equity funding. Entrepreneurs will also be connected to other funding opportunities available.

ELIGIBILITY

The Africa Young Entrepreneur Support (YES) Program is looking for self-starters, leaders, change makers who are building viable businesses and creating impact in their local communities and beyond. Applicants must meet the following criteria:

  • The venture must be solving a clear problem in the community
  • There must be a viable and tested solution already in place (not just an idea)
  • The social venture should have a viable business model
  • The venture should have at least some paying customers or making a revenue in the past 6 months.
  • There should be ambition by the founder of the venture to grow to achieve large scale impact
  • The applicant can commit to attend weekly sessions (every Saturday) in Nairobi from August 2020 to December 2020
  • The applicant can commit to do weekly tasks in relation to their venture
  • The applicant must be working either full time or at least 30 hrs per week in their venture
  • The applicant must be below 30 years of age when applying
  • The venture is legally registered in Kenya or in the process of registration.

DEADLINE: May 31 2020

To apply and for more information visit here

Leave a Comment