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Entrepreneurship Applications: 2019 Sankalp Awards For Social Entrepreneurs

We are very pleased to inform interested persons that  applications are invited Africa’s most promising social entrepreneurs to apply for the 2019 Sankalp Africa Awards.The deadline of the entrepreneurship applications is December 7 2018.

 Competition 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 version 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

Benefits

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 entrepreneurship applications 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

Visit the https://africasummit2019.sankalpforum.com/page/1364090/sankalp-awards for more information.

 

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