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RUFORUM Young African Entrepreneurs Competition

August 19 By Samuel Leave a Comment

  • RUFORUM invites young African entrepreneurs and incubates aged below 35 to compete for 20 awards to showcase their innovations, enterprises, business concepts, and propositions.

Competition Overview

  • The primary purpose of this competition is to promote business innovation through entrepreneurship.
  • Through this competition, RUFORUM will provide seed funding to young entrepreneurs with creative and innovative business ideas, as well as foster a spirit of entrepreneurship among African youth.

Competition Aims

The aims of this competition are:-

  • To provide young entrepreneurs with the opportunity to showcase their businesses and share their development as an inspiration to other young African entrepreneurs
  • To bring forth collective action towards the provision of seed funding to young entrepreneurs through a transparent and competitive process
  • To provide a platform for young entrepreneurs to demonstrate their impact and also pitch their businesses to stakeholders and investors through capacity building opportunities
  • To create a network of young entrepreneurs across Africa who work together and share experiences that escalate youth contribution and job creation in Africa

Award Categories

  • Health
  • Innovations
  • Engineering
  • Incubations
  • ICT’s
  • E-commerce
  • Natural Resources
  • Meteorology
  • Tourism
  • Food and agribusiness, etc.

Target Group

  • African youth between 16 and 34 years in Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

What do the winners receive?

Each winner receives:

  • An all-expenses-paid trip (air ticket, conference registration, and hotel costs) for participation at the 2019 RUFORUM AGM in Cape Coast, Ghana on the 2nd to 6th October 2019.
  • A cash prize of US$ 2000

How many business enterprises will be selected?

  • 20

Am I Eligible to Apply?

Individuals and enterprises who meet the following criteria are invited to apply

  • Persons with an established business enterprise and/or those with innovations that can potentially be commercialized and/or those with business concepts
  • The potential enterprise/ business enterprise should have a defined business model that showcases the innovativeness of the proposed business/enterprise/innovation.
  • Persons aged 16-34 years
  • Individuals who are residents or citizens of the countries in the targeted West African region
  • Persons who are not previous recipients of a RUYAEC award

Note: All submissions should be in English or French, and done using the template provided

How Do I Apply – Next Steps

  • All applications should be submitted through the RUYAEC (young innovators) website.
  • Download the application form from the website, fill it in, and upload it online.

Closing Date

  • 30 September 2019

How do I get more information?

  • Website: ruforum.org/younginnovators/

For more information on the competition, contact:

  • Egeru Anthony (a.egeru@ruforum.org)
  • Sylvanus Mensah (m.sylvanus@ruforum.org)
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Filed Under: Entrepreneurship, July, August & Sept. Tagged With: RUYAEC, Young Entrepreneurs Competition

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