Home News News around Africa Applications Open for the 3rd Edition of Jack Ma’s Africa’s Business Heroes Competition
News around Africa - April 7, 2021

Applications Open for the 3rd Edition of Jack Ma’s Africa’s Business Heroes Competition

One of the biggest challenges plaguing entrepreneurs in Africa is the lack of funding. In a move to alleviate this situation, Chinese business magnate and philanthropist Jack Ma created the Africa Business Heroes competition. The flagship programme of the Jack Ma foundation annually awards 10 outstanding finalists with a share of a $1.5 million grant. And the door is open to you once again! Applications are currently are open for this year’s Africa’s Business Heroes competition.

This will be the third year of the competition, which provides a forum for African entrepreneurs to showcase their talent and develop their businesses.

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The competition’s core theme, “It’s African Time,” is a call to action for all young African entrepreneurs who are using their businesses to counter assumptions associated with “African time,” to use the grant to scale their efforts and share their stories about how they have created solutions and driven change.

Applications to African entrepreneurs from all industries in English and French, with a special focus on those working to achieve the United Nations Sustainable Development Goals (SDGs).

Ten finalists will take the stage at the grand finale later this year to present their businesses and solutions to an acclaimed panel of judges in order to earn a share of the US$1.5 million grant. Several rounds of intensive review panels will be held along the way, as well as access to a group of world leaders and innovators, business experts, investors, and accelerators through a seriesof training sessions.

Applications close on the 7th of June. Semi-finalists will be revealed in August, and the top 10 finalists for 2021 will be announced in September.

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