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Apply to the Fully Funded Westerwelle Young Founders Programme for Entrepreneurs 2021

Applications for the Westerwelle Young Founders Programme 2021 are now open. The Westerwelle Young Founders Programme is a fully funded 6-month long programme for outstanding young entrepreneurs from developing and emerging markets, aiming to connect young founders from all over the world and offers a mentoring programme tailored to their particular challenges. It also seeks to develop their entrepreneurial skills and international networks.

Westerwelle Young Founders Programme 2021 starts with a digital kick-off conference from 1st to 5th March 2021. In the following six months, the young founders will have the opportunity to develop their company with the support of a personal mentor and to exchange ideas with other young founders and obtain feedback.

Westerwelle Young Founders

The Westerwelle Foundation will select the best 10 performing young founders and invite them to the Top-10-Conference in Berlin in autumn 2021. During which time the selected entrepreneurs will pitch to investors, participate in workshops and networking events as well as get an insight into German startup scene.

Another benefit of this programme is assistance beyond the Westerwelle Young Founders programme as there remain a contact person for the young founders who will help find you suitable experts for challenges, offer possibilities to share learning with current cohorts or celebrate successes.

Westerwelle Young Founders
Previous participants including founder of Publiseer, Chidi Nwaogu
Who is eligible?
  1. Applicants must have recently founded a for-profit company with a scalable business model that has achieved Product-Market-Fit and has previously secured first external funding (if your business requires that)
  2. Based in a developing or emerging market
  3. Have a good working knowledge of English
  4. Readily available to attend the digital kick-off conference and can make time to participate in monthly mentoring and peer mentoring calls for the 6-months period.
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Deadline for applying to the Westerwelle Young Founders Programme 2021 is 9th December, 2021.

APPLY HERE

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NEWS

Anzisha Prize: Nominate A Young Entrepreneur for A Share of US$100K

The Anzisha Prize team calls for nomination to the 2021 Top 20 Anzisha Prize Fellows. This invitation to nominate the top entrepreneurial talents from all African countries is for persons between the ages of 15 and 22 who will receive financial and networking support they need to succeed.

Anzisha Prize

This is a competition not awarded for great ideas or business plans but rather, one to recognize young entrepreneurs who are operating for-profit and non-profit ventures which do well to demonstrate ingenuity, scalability and have a social impact.

The Anzisha Prize team says, your nomination is a vital endorsement that recognises their great works. Annually, 20 leading youth entrepreneurs are selected to become Anzisha Prize Fellows.

The Anzisha Prize so far is the biggest award for young African entrepreneurs between 15 and 22, and over US$100,000 each year is given in prize money to these young entrepreneurs from across the continent.

What are the criteria for the Azisha prize?

  • Your nominee should be between the ages of 15 and 22
  • Do they run a business venture which is already delivering value to customers?
  • Is your nominee involved in the strategy and operations of the venture?
  • Is the business already having a social impact?
  • Is the business earning a revenue, or reaching beneficiaries with the potential to realize more growth (both ‘for-profit businesses’ or ‘not-for-profit’ ventures qualify).
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Alaa Moatamed of Egypt won the 2020 Anzisha grand prize and also the first Egyptian female to do so. Her business is Presto, which is an automated delivery system that is connecting vendors with their customers and suppliers.

After nominating, so what?

amanda jojo, founder of The Trea Garden

Your nominees for the Prize still need to submit an application because your nomination is an endorsement, a recommendation letter on behalf of the candidate.

Candidates then submit an application that gives full information about their business, enabling them to be evaluated for participation in the fellowship.

The nominee receives an email letting them know that they have been nominated, and also a reminder to apply for the prize once applications are open.

Itching to help find the next top 20 Anzisha prize winners? NOMINATE HERE.

The Anzisha Prize is a partnership between the Mastercard Foundation and Africa Leadership Academy


Have you recently launched your startup, raised funding or any news about your company or organization? Email your story to editor@thespiritedhub.com.

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