Deadline: 6-Aug-23
Any independent female entrepreneur from Africa can apply with and for her business! They will also get the chance to participate in an African Challenge, opening the door to independent funding.
This year, the ACT NOW Award focuses on women who stand up, make a difference and dare to run their own business or found and lead start-ups.
This year, the ACT NOW Award is held in conjunction with encourageventures e.V.: The Female Founders ACT NOW Award, African Challenge brings together startups founded by women or other companies that have viable, innovative business solutions with a broad angel investor community. The Challenge is designed to showcase and recognize the innovation of startups or companies founded or co-founded by women. Finalists will have the opportunity to win the ACT NOW Award and present their business solutions to business angel investors from the encourage ventures network as well as managerohnexecutives on September 21, 2023.
Categories
- Impact
- On the environment, impact on people in the surrounding area, diversity, entrepreneurship.
- Innovation
- Technology, renewable energies, digitalization, originality and degree of innovation of the business solution compared to existing alternatives
- Performance
- Productivity, growth and development potential, order volume, sales strength, feasibility of the solution
Prize Details
- The ACT NOW Award
- One finalist from each of the 3 categories impact, Innovation and Performance receives an ACT NOW Award – Certificate for the Special Advancement of Women.
- Audience Award
- One finalist receives the audience award with a prize money of 1 000€ from encourageventures and managerswithoutborders.
- All 6 finalist
- Receive professional pitch training and the opportunity to pitch in front of a large network of female investors.
Eligibility Criteria
You are eligible to apply if you are an early-stage startup or other entities located in Africa with:
- Any kind of sustainable and viable business, that has Impact, an Innovation or already a higher performance track record.
- A woman in your founding team or executive leadership team, who is available to pitch on the virtual event on September 21 st, 2023.
- No VC fund is involved to date from CV Funds.
Selection Criteria
- Team profile: Profile of the founder(s) and co-founder(s), ability to lead the solution to success, hard and soft skills of the operational team
- Business model: Demonstrated traction and product-market fit
- At least one of the following categories must be met:
- Impact
- Innovation
- Performance
For more information, visit managerswithoutborders.
