Jack Ma’s $10 million Africa Netpreneur Prize Initiative Opens for Applications

0
630

The application process for the Africa Netpreneur Prize Initiative (ANPI) is officially open to African entrepreneurs from all countries, sectors and age groups. The ANPI is a prize competition founded by the Jack Ma Foundation that will award US$10 million and recognize 100 African entrepreneurs over the next 10 years.

The Prize aims to support and inspire the next generation of entrepreneurs who are building a more sustainable and inclusive economy for the future. Every year, 10 finalists will be selected to compete in a finale pitch competition that will be broadcast across the continent.

All ten finalists will gain access to the Netpreneur community of African business leaders to leverage the community’s shared expertise, best practice and resources.

Alibaba Group Executive Chairman Jack Ma first created the prize after he made his first trip to Africa in July 2017 and was inspired by the energy and entrepreneurial potential of the young people he met. The Prize is open to entrepreneurs from all industries, and Ma especially encouraged those running small businesses, those making a difference in their local communities and female entrepreneurs to apply.

Global leaders Graca Machel and Ban Ki-moon serve on the ANPI advisory board. The Jack Ma Foundation has teamed up regional partners Nailab, 22 on Sloane, Nine, and Rise Up to promote the Prize in their respective regions.

Applications are open till June 30.