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Applications open for 2nd edition of Jack Ma’s Africa Netpreneur Prize

Applications open for 2nd edition of Jack Ma’s Africa Netpreneur Prize

 

The Jack Ma Foundation has launched the second version of the Africa Netpreneur Prize, which will offer chosen innovative African tech Startups access to a US$1.5 million prize pool.

The Africa Netpreneur Prize Initiative (ANPI) was initiated by the founder of Alibaba, Jack Ma after his first trip to Africa in 2017, and plans to help the up and coming generation of African business visionaries or entrepreneurs. The edition version was won by Nigerian startup LifeBank in November a year ago (2019).

 

 

Go through the Jack Ma Foundation, the prize will choose 10 finalists to pitch for a portion of a general prize pool of US$1.5 million, up from $1 million a year ago.

“We find ourselves in a phenomenal and exceptional times”. Presently, like never before, we need business people with mental fortitude, activity, and vision to do what they specialise in – take care of issues for society. With this prize competition, we are hoping to inspire and reward African business heroes in all sectors and urge any hopeful candidates to take advantage of this lucky break to get through hindrances and create hope later on,” said Jason Pau, senior advisor for international projects at the Jack Ma Foundation.

This year, the establishment will work with a selected group of Anchor Partners, including Ashesi, Dalberg, Janngo and RiseUp to recognise and bolster/support African entrepreneurs.

Applications are open here until June 9, with semi-finalists announced in August and the main 10 finalists for 2020 disclosed in September. Entrepreneurs from every one of the 54 African nations are free to apply, with applications accessible in both French and English.

About the author

Sandra Chinedu

Chinedu Sandra is an Entrepreneur within the I.C.T space and loves blogging. She is on the Honour list of GEM, a World Bank Project for start-ups in Africa.

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