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Home Financial Literacy Career tips

African women and youth entrepreneurs can receive a grant of up to $250,000 by USADF

Ngozi Ekugo by Ngozi Ekugo
September 13, 2022
in Career tips
African women and youth entrepreneurs can receive a grant of up to $250,000 by USADF
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It is not in doubt that the teeming population of youths and women in Africa need to be empowered economically, which is the aim of the US African Development Foundation (USADF) Accelerate Africa Entrepreneurship Challenge 2022. The Challenge is an initiative of Youth and Women Entrepreneurship portfolio that is meant to address Africa’s youth bulge, and economically empower youths and women, and improve job creation across the continent.

The Accelerate Africa Entrepreneurship challenge is set up to invest in Micro, Small and Mid-sized enterprise (MSMEs) which:

  • Addresses Africa’s youth bulge by prioritizing job creation to enhance youth productivity and livelihoods
  • Set up to economically empower youths and women to teach them how to apply business solutions to social problems and create sustainable employment across Africa
  • Addresses the unmet needs of underserved and at-risk communities and/or market demand
  • Formalize market opportunities and supply chain linkages for youth and women-owned MSMEs.

Grant

Successful applicants will receive:

  • A grant of $50,000 to $250,000 from USADF
  • Access to support on technical assistance and governance

Eligibility 

Applicants must be running a 100% African-owned and managed private companies

  • Be registered and operating in Benin, Burkina Faso, Burundi, Ivory Coast, Democratic republic of Congo, Kenya, Liberia, Malawi, Mauritania, Niger, Nigeria, Rwanda, Senegal, South Sudan, Tanzania, Uganda, Zambia
  • State clearly how the business will benefit underserved populations across Africa including showing positive impacts for youths and women
  • Express clearly how they will achieve sustainable growth
  • Clearly state their expertise in the field they are proposing or how they will acquire the necessary expertise
  • State clearly how they will use the grant capital to carry out their concept

Application deadline

Applications will be accepted from September 6 to September 30, 2022, therefore proposals received after the closing date will not be accepted. Applications will be treated on a first come first served basis, so it is advised to apply early.

Apply here

Tags: entrepreneursgrantsUnited States African Development Foundation (USADF)Youth and Women Entrepreneurship
Ngozi Ekugo

Ngozi Ekugo

A high-performing labour market analyst/ talent acquisition specialist providing research on labor availability, labour migration, workplace trends and career development opportunities. Having worked across various sectors such as the recruitment, consulting, investment banking (Goldman Sachs) and the media, both in Nigeria and the United Kingdom, I possess a unique blend of competencies and experience to thrive in any industry.

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Comments 19

  1. Doc says:
    September 13, 2022 at 8:38 am

    So wheres the link to the submission

    Reply
  2. JOY CHINWE OKORO says:
    September 13, 2022 at 12:32 pm

    THANK YOU SIR FOR THIS OPPORTUNITY WHICH I HAVE BEEN LOOKING FOR. I WILL USE THE MONEY TO ENHANCE MASS PRODUCTION OF ANIMALS SUCH AS- PIG, COW, GOAT AND POULTRY. THIS WILL GO A LONG WAY IN SOLVING MAJOR PROTEIN PROBLEMS IN NIGERIA.

    Reply
  3. JOY CHINWE OKORO says:
    September 13, 2022 at 12:35 pm

    THANK YOU I ACCEPT

    Reply
  4. JOY CHINWE OKORO says:
    September 13, 2022 at 12:39 pm

    acceptance is verry high

    Reply
  5. Celine says:
    September 13, 2022 at 1:28 pm

    Good one

    Reply
  6. Udaa James says:
    September 14, 2022 at 5:39 am

    How can I apply? I need a guide.

    Reply
    • Mariah EFFIOM says:
      September 14, 2022 at 2:54 pm

      Link please

      Reply
  7. Imonikosaye Vivian says:
    September 14, 2022 at 7:29 am

    Good morning.
    My name is imonikosaye Vivian from Nigeria.
    Please I am interested in this. How do I apply please?

    Reply
  8. Salawu Adebayo says:
    September 14, 2022 at 10:13 am

    Link please

    Reply
  9. Alice Chapola says:
    September 14, 2022 at 11:43 am

    My name is Alice Chapola from Malawi, This is the best opportunity for young people and women in my country. How can i apply?

    Reply
  10. Edgar Kambole says:
    September 14, 2022 at 12:36 pm

    Whats the procedure for applying ?

    Reply
  11. Lawal Racheal Olubunmi says:
    September 14, 2022 at 12:38 pm

    Good morning,
    ‘am interested, but how do I go about it please. ‘am in to poultry farming. Thanks.

    Reply
  12. Ekiye Amos Teibowei says:
    September 14, 2022 at 1:12 pm

    How can I apply please

    Reply
  13. Eboyehimen Blessing says:
    September 14, 2022 at 1:30 pm

    Please how to apply

    Reply
  14. blessinganthonyizobida says:
    September 14, 2022 at 1:36 pm

    Please

    Reply
  15. Terkimbi says:
    September 14, 2022 at 2:16 pm

    How do we apply?

    Reply
  16. Binta Musa Waziri says:
    September 14, 2022 at 5:40 pm

    Good evening, my name is Binta Musa Waziri from kano state. I am happy to see this golding apportunity, but how do we apply? Please help out with the requirements. Thank you.

    Reply
  17. David-Aguda Victoria says:
    September 14, 2022 at 11:46 pm

    How do We

    How do I apply?

    Reply
  18. Dr Mrs Ibanga Uche Ime says:
    September 24, 2022 at 2:50 pm

    Where is the link for submission?

    Reply

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