BMCE Bank of Africa invites you to submit your business or idea in sports or a business or idea that is innovative. Are you looking for mentoring to launch or grow your business or idea in Africa? Join the journey to receive free, online mentoring from over 400 entrepreneurs, investors and business owners. Throughout the journey, you’ll receive one-on-one mentorship from experienced entrepreneurs and investors to sharpen and hone your idea. Mentors will help define your market & put your scalability to the test. Entrepreneurs in the top 50 are visited by the Award team.
You the entrepreneur, must meet these criteria as you submit your business proposal:
- You must be a citizen of an African country.
- You must be a minimum of 18 years old as at November 1, 2018.
- Your business or idea must be applicable in an African country.
- Your business or idea must include a technology component (digital, machinery, computers, ICT, automated processes, field-related technologies)
- Your business or idea must be for profit.
- Your business or idea must create jobs beyond single family support.
- Your business or idea must have a social impact. You need to articulate the problem you are trying to solve as well as a solution.
Your business or idea must be relevant to one of these categories:
- Innovations: An idea or invention which is or can become a good or service that creates value for which customers will pay. Ex: Using a new technology (something new to the industry), or using a new business model (new way to deliver, collect, share), or solving a problem not solved before in your region.
- Sports: An idea, prototype or startup business in the sports industry which is a Product (e.g. apparel, equipment), Production Method (e.g. supply chain), Service (education, health, spectator-experience, athlete-experience), Supplier(e.g. sources of materials, resources), Market (e.g. buyers), or Media (e.g. promotion, information).
What is not eligible in the Sports category:
- Sponsorship (athlete or team)
- Single athlete to compete
- Single trainers
- You can submit a proposal as a resident of any country worldwide –keeping in mind that you must be a citizen of an African country. For example, a resident of Canada with a Senegalese citizenship is eligible for this award.
- Your business can operate from any African country even if you are not a citizen of that country. For example, a Ghanaian can submit a proposal for a business in Liberia.
- You can submit a proposal for a business already in operation.
- Your business can operate across borders in multiple African countries.
- Your business should demonstrate the potential to scale beyond one region in Africa to pan-African impact.
- You can operate in multiple countries, but you will be asked to designate a primary African country that will benefit from your business.
Application Deadline: April 30, 2018
How to Apply:
Submit your business idea starting from March 1 through April 30, 2018. Soon after you submit a completed proposal, a mentor will be in touch with you, guiding you to bettering your idea. And yes if you have a better idea, you can resubmit it at least once before April 30, 2018.
To apply, Click here.
For further information visit the Webpage.