The African Impact Initiative Health Entrepreneurship Challenge 2023 is now accepting applications from African entrepreneurs with innovative health-focused venture ideas or solutions. With a deadline of April 15, 2023, 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.
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.
African Impact Initiative Health Entrepreneurship Challenge Eligibility
To be eligible for the challenge, 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.
African Impact Initiative Health Entrepreneurship Challenge Selection Criteria
Successful applicants will:
- Address an identified problem/challenge in their country.
- Offer a comprehensive solution through a clearly defined job to be done.
- Drive social impact by increasing adoption, accessibility, or affordability.
- Have innovative, scalable, and sustainable business models.
How to Apply for African Impact Initiative Health Entrepreneurship Challenge
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.
To apply for the African Impact Initiative Health Entrepreneurship Challenge 2023, click here.
For more information, visit the Health Entrepreneurship Challenge website. Don’t miss this opportunity to make a difference in Africa’s health sector!
FAQS Regarding Health Entrepreneurship Challenge
What is the Health Entrepreneurship Challenge 2023?
The Health Entrepreneurship Challenge 2023 is an initiative by the African Impact Initiative to enable the creation of ventures with positive health outcomes in Africa, providing funding, mentorship, and networking opportunities to selected teams.
Who is eligible to apply for the Health Entrepreneurship Challenge?
African entrepreneurs with venture ideas or solutions focused on health innovation, and affiliated with the African Higher Education Health Collaborative, are eligible to apply for the challenge.
What are the benefits of participating in the Health Entrepreneurship Challenge 2023?
Selected teams will receive comprehensive training, mentorship, and up to $25,000 CAD in funding. Top teams will also travel to Toronto, Canada for up to 4 months with all costs covered to expand their entrepreneurship network.
What is the deadline for applying to the Health Entrepreneurship Challenge 2023?
The application deadline for the Health Entrepreneurship Challenge 2023 is April 15, 2023.
How do I apply for the Health Entrepreneurship Challenge 2023?
To apply for the Health Entrepreneurship Challenge 2023, visit the official website and complete the application form. For more information, visit the Health Entrepreneurship Challenge website.
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