Sankalp Africa Awards for Africa’s Most Promising Social Entrepreneurs 2019

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

• 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: 7th December 2018

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