HBS Africa Business Club
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HBS Africa Business Club Africa Business Conference New Venture Competition 2019

As part of the 21st Africa Business Conference , the Africa Business Club will be hosting the HBS Africa Business Club Africa Business Conference New Venture Competition 2019 on February 15th, 2019. The New Venture Competition aims to showcase the diversity of entrepreneurs making a difference on the continent today. The deadline of the application is November 30 2018.

 

ELIGIBILITY

The competition is open to all African entrepreneurs with businesses focused on shaping Africa’s future. Entrepreneurs who offer unique and homegrown solutions to local problems and who meet the following eligibility criteria are highly encouraged to apply:

Early Stage Startups (for profit or not-for-profit)

Africa-focused with a majority or all of its operations in Africa

Less than 50 employees

Less than 5 years of operations

Raised less $250,000 in funding to date

 

Benefits

10 finalists will be invited to pitch their business in front of approximately 700 attendees and receive feedback from a panel of experienced judges. The competition winner and runner-up will be awarded cash prizes of $10,000 and $5,000 , respectively.

The top 20 shortlisted ventures will also have the opportunity to showcase their companies at the Startup Fair to network and and interact with distinguished panelists and conference attendees.

JUDGING

The judges will evaluate the venture’s potential for economic success and the likelihood of achieving that success based upon the team’s plan, experience, and the validation of key assumptions and a clear and convincing presentation of the following:

Value proposition and business model (including market validation of value proposition/growth hypothesis)

Team expertise and ability to execute

Market opportunity

Geopolitical and industry context

Potential risks and mitigants

Realistic assumptions underlying any financial projections

Defined milestones and execution plan

 

Application Procedure

Please download the application form Here , enter your company’s details, and save the completed form.

Upon completion, send the application form to

hbsabcconferencenvc@gmail.com .

All applications must be received by

5pm EST on November 30th, 2018.

Please feel free to contact us at hbsabcconferencenvc@gmail.com any questions.

 

 

Visit the Official Website of the HBS Africa Business Club Africa Business Conference New Venture Competition 2019 for more information.

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