Deadline: 31st December, 2020
The Africa Youth Job Creator Fellowship (AFJC) Targets young graduates who have business ideas: graduates of universities, polytechnics, and colleges – including technical colleges having difficulty finding suitable jobs but who possess ideas which could be developed into potential business opportunities. Starting in January 2021, successful applicants will have opportunities to identify like-minded individuals and collaborate with them to explore business ideas and opportunities.
STAGE 1: TRAINING COMPONENT
Priced at $1,350, the courses delivered through the BizSkils learning portal are provided gratis to deserving African youths. At the core of this training program is a process for developing an idea into a viable business – straightened by mentoring and coaching sessions that run throughout the duration of the program
STAGE 2: PRE INCUBATION PITCH COMPETITION
Prizes are awarded to the best 3 pitches at the end of the first phase.
- First Place: $1,500
- Second Place: $750
- Third Place: $500
* Cash prizes are in Canadian Dollars (CAD).
STAGE 3 INCUBATION PHASE
The top 50 teams (up to 250 young people) get to participate in an incubation program that will run for 12 weeks. Also offered gratis, participants get a lot of support beyond what regular clients get at a cost of $1,200. Each of the teams and individual team members get personalized coaching and guidance. Upon completing the incubation, teams pitch to compete for a total prize of $3,000 for the top 3 teams. Each team that completes the program gets admitted into the BizSkills Academy Venture Studio. In the venture studio, every company is showcased to the public who are encouraged to explore either partnership opportunities or investment.
- Must have graduated not more than ten years ago
- Must be available for the entire duration of the program and be able to participate in all activities
- Must be able to read and write in English
- Must have grit, an essential attribute to succeed as an entrepreneur
- Must be ready and willing to form a team with other fellows who share similar interests and ideas
For more information visit the official webpage of Africa Youth Job Creator Fellowship
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