Deadline: 23 May 2025
Applications are now open for the ABH Prize Competition. ABH is not just a competition; it’s a community of changemakers. Beyond the prize money, the ABH Prize connects you to a network of entrepreneurs, investors, mentors, and global thought leaders who can help take your business to the next level.
The competition is just the beginning of their journey together, and they are focused on long-term growth, community, and lasting impact, not just short-term rewards.
Funding Information
- 1st Prize Winner: $300,000
- 2nd Prize Winner: $250,000
- 3rd Prize Winner: $150,000
- Other Top 10 Finalists (7): $100,000
- Training Opportunities: $100,000.
Key Benefits
- Beyond the $1.5m in grant funds available each year, they also provide all finalists with several other benefits throughout the competition they can leverage to improve their business. These benefits include:
- Access to the ABH Network. Their finalists will also have the opportunity to become a part of the ABH Network where they can tap into valuable entrepreneurship resources such as mentorship, exclusive training resources – such as investment readiness coaching, and more. They will also have the opportunity to network with a wide range of business leaders and other like-minded entrepreneurs and be given access to exclusive ABH events tailored to help them refine and grow their businesses.
- Feedback from Industry experts. Throughout the interview and evaluation process, their finalists will have the opportunity to engage with their highly-qualified judges who will offer finalists advice.
- Publicity: They will provide their finalists a platform to tell their stories through their website and social media channels. They also issue press releases at each stage of the competition to ensure the stories of their finalists gain exposure across Africa and the world.
Eligibility Criteria
- The ABH Prize is for ALL businesses. From tech startups to social enterprises, they’re looking for businesses that solve real-world problems. Whether you’re tackling health, education, agriculture, fintech, or the environment, if your business has a positive impact on your community or beyond, they want to hear from you!
- Applicants simply need to meet a strict, but simple set of criteria:
- Applicant is of African origin. You should have African citizenship and/or a parent or grandparent has African citizenship.
- The company is legally registered. The business should be registered with the government in at least 1 African country. It should have a business license to operate.
- The company is Africa-based. The business is headquartered in an African country and primarily operates in Africa.
- The company is in a post-idea stage. The business has been operational for at least 3 years and has at least 3 years of revenue history that can be provided.
For more information, visit Jack Ma Foundation.
