African Impact Initiative Health Entrepreneurship Challenge for African Entrepreneurs 2023

The African Impact Initiative Health Entrepreneurship Challenge 2023 is now accepting applications from African entrepreneurs with innovative health-focused venture ideas or solutions.This challenge aims to facilitate the creation of ventures with positive health outcomes in Africa. The African Impact Initiative, alongside experts from the University of Toronto Entrepreneurship, offers comprehensive training, mentorship, and funding opportunities for selected teams.

About African Impact Initiative

African Impact Initiative is an organization committed to building the future of our continent through its early innovators; by empowering them to create sustainable solutions to our biggest challenges. We achieve this through initiatives centered around impact-driven entrepreneurship, community engagement and career development Through our African Impact Challenge, we support young Africans who are passionate about building local solutions to their most pressing community problems. We believe the greatest amount of impact can be achieved through market-creating innovations, and h... read more

African Impact Initiative Health Entrepreneurship Challenge

Aim and Benefits of African Impact Initiative Health Entrepreneurship Challenge

By participating in the Health Entrepreneurship Challenge, selected teams will receive:

• Comprehensive training and mentorship program.
• Up to $25,000 CAD in funding for each top-performing venture.
• A 4-month all-expenses-paid trip to Toronto, Canada, to learn and expand their entrepreneurship network.

Requirements for African Impact Initiative Health Entrepreneurship Challenge Qualification

Applicants must:

• Be African entrepreneurs with venture ideas or solutions focused on health innovation.
• Have an affiliation with the African Higher Education Health Collaborative.
• Focus on improving positive health outcomes.
• Commit full time to building their solution.

Interview date, Process and Venue for African Impact Initiative Health Entrepreneurship Challenge

Selection Criteria

• Your idea should address an identified problem/challenge in your country, by providing a comprehensive solution through a clearly defined job to be done.
• Preference will be given to solutions that drive social impact, by increasing adoption, accessibility or affordability.
• Preference will be given to innovative business models that are scalable & sustainable.

Application Deadline

How to Apply

Eligible teams will be onboarded to a virtual platform for the pre-incubation phase, beginning in May 2023. This phase provides capacity building to validate ideas/solutions and to build them in a scalable way. Top-performing teams will proceed to the incubation phase, starting in July, after interviews and selection.

For more details,visit African Impact Initiative website