The Impact Entrepreneurship Competition is a competition designed for entrepreneurs and early-stage companies generating a positive impact in Ghana’s economic, social and/or environmental sectors, contributing to sustainable development in the region.

Its mission is to recognize and support innovative and successful businesses making a positive impact on society in Ghana, strengthening the impact ecosystem in the country and bridging the gap between impact and profit.

The Impact Entrepreneurship Competition is supported by a group of entrepreneurs, investors, donors, institutions and entrepreneur support organizations. They are a group of local and foreign organizations that have come together to support early-stage companies in Ghana in becoming scalable and stronger ventures while generating a broader positive impact on society.

ELIGIBILITY CRITERIA

Any for-profit company registered in the African continent, that has:

• • a clear for-profit business model with potential for scale
  • between 3 and 5 years of operations
  • the ability to demonstrate positive social impact in Ghana (on rural, low-income, or disadvantaged communities)
  • not raised more than USD500,000 in debt, grant, equity or other sorts of funding.

BENEFIT

Over 20,000.00USD in cash prizes and more than $5,000.00USD of in-kind prizes during the competition:

• • The winner will receive a grant of 15,000.00USD powered by Open Value Foundation
  • An extraordinary 10,000.00USD will be awarded by Fundación Anesvad to a company working to improve the health and wellbeing of others, including businesses tackling environmental issues impacting people’s health
  • Access to funding (grant)
  • Access to global networks of investors, donors, and entrepreneur support organizations
  • One-on-one investor-readiness advice
  • Opportunity to pitch and get feedback from experts and investors
  • Visibility

TIMELINE

October 10, 2022: Applications closes

How to Apply

If you check all criteria boxes, begin your application online before the Impact Entrepreneurship Competition closes on Monday, October 10, 2022

Author: whewowin