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AFRISE Challenge Empowers Young Entrepreneurs to Drive African Economic Growth

National Competition for the European Entrepreneurship Promotion Awards 2025 (Cyprus)

Deadline: 27-Mar-2026

The AFRISE Challenge offers African youth entrepreneurs aged 18–35 a platform to scale innovative ventures across sectors such as healthcare, agriculture, energy, education, and fintech. Participants from select African countries receive mentorship, leadership development, and access to grant and equity funding, culminating in an International Demo Day. The program also provides over $600,000 in technology credits to accelerate startup growth.

About the AFRISE Challenge

The AFRISE Challenge is designed to identify, nurture, and scale high-potential African youth-led ventures. By focusing on innovative solutions to critical challenges, the program aims to stimulate economic development and empower young entrepreneurs across the continent.

Focus Sectors

The program supports entrepreneurs working in:

Who Can Apply?

Programme Structure

Mentorship & Leadership Development

Accelerator Program

International Demo Day

Startup Support Benefits

How to Apply / What to Do

  1. Check eligibility: Confirm age, country, and sector alignment

  2. Prepare a scalable business idea: Demonstrate impact, innovation, and growth potential

  3. Submit application: Complete the online AFRISE Challenge application form with relevant details

  4. Engage in pre-selection activities: Participate in mentorship interviews or assessments as required

  5. Join the accelerator: Selected participants enter the mentorship and leadership program

  6. Prepare for Demo Day: Refine pitch and business model to showcase to investors

Tips for a Successful Application

Frequently Asked Questions (FAQs)

1. Who is eligible for the AFRISE Challenge?
Youth entrepreneurs aged 18–35 from Nigeria, Uganda, Morocco, Kenya, Rwanda, Ghana, Côte d’Ivoire, and Senegal.

2. Which sectors does the program focus on?
Financial Services, Healthcare, Agriculture, Energy/Utility, Education, Environment, Telecommunications, and Arts & Creativity.

3. What does the accelerator provide?
Mentorship, leadership development, peer networking, industry guidance, and access to technology credits.

4. What is the outcome of the program?
Selected participants pitch at the International Demo Day to secure grant and equity funding.

5. How much funding and support do startups receive?
Over $600,000 in technology credits plus access to investors for funding opportunities.

6. Do applicants need an existing startup?
The program accepts both early-stage ventures and those with scalable ideas ready for acceleration.

7. Who are the program partners?
Concordia University, Hindsight Ventures, and corporate partners including AWS, Zoho, IBM, Microsoft, Canva, DigitalOcean, FreshWorks, among others.

Conclusion

The AFRISE Challenge empowers African youth entrepreneurs to build, scale, and impact their communities while contributing to economic growth. Through mentorship, funding opportunities, and access to technology resources, participants gain the tools and networks needed to turn innovative ideas into scalable ventures that drive sustainable development across Africa.

For more information, visit Concordia University.

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