Deadline: October 13th 2023 | IDEA Pitch Competition 2023
| Title; | IDEA Pitch Competition 2023 |
| Organisation; | Africa Business Club |
| Fund/Grant; | $2500 |
| Deadline; | October 13th 2023 |
| Eligible countries; | All countries |
Are you an African food startup company? a food production company in the US with black ownership? This is your chance to obtain cash for your company. The Africa Business Club’s IDEA Pitch Competition 2023 is now accepting applications.
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Prize money
- 1st place: $2,500
- 2nd place: $1,500
- 3rd place: $1,000
Eligibility
Participants must fulfil the following requirements in order to participate. Participants will pitch their business ideas to the group.
- The company proposal must showcase the team members’ own work. Regarding the usage of the business pitch both before and after the competition, the author(s) will own all rights.
- The management team’s background, expertise, and education, the level of product development, performance promises made for the product, and the findings of market research must not be embellished in the business pitch.
- Black-owned businesses situated in the United States and African-based businesses based in Africa are both eligible to enter the competition. Other persons may be a part of the management team and take part in the venture’s planning, but this must apply to at least one team member. One business pitch per participant is allowed for the competition.
- The competition is open to African business owners who founded, ran, and owned enterprises there as well as black-owned businesses operating in the US. In other words, African businesspeople must have been instrumental in the venture’s conception, have significant interest in the company, and serve in senior management positions.
- With the intention of assisting firms registered for at least six months in accessing extra finance, the competition is for the development of innovative ideas and businesses. Companies that submit applications must be less than five years old.
- An effort for up-and-coming African entrepreneurs on the African continent, the competition. Teams should respect their rivals’ rights.
For more information, visit the website for Africa Business Club.
