These Business grants for African Entrepreneurs are
offered to individuals, firms/company, business or corporations to
enable them cover scale up or develop their business, pay workers
salaries, and run ads. Among the 20 Business Grants for African
Entrepreneurs and Startups are listed:
- SeedStars World
- Shared Interest
- Tony Elumelu Entrepreneurship Grant
- Lundin Foundation
- Root Capital
- The Anzisha Prize
- Schwab Foundation
- MEST Africa Challenge
- Savannah Fund
- She Leads Africa Accelerator Grants
- Tshikululu Social Investments
- Miss Africa Seed Grants for African Women in Tech Businesses
- YALI Regional Leadership
- Ashden International Awards for Entrepreneurs in Developing Countries
- African Entrepreneurship Award
- GroFin Grants
- African Women Development Fund
- Unilever Young Entrepreneurs Award
- Innovation Prize for Africa
- African Women Innovation and Entrepreneurship (AWIE)
1. SeedStars World
SeedStars World is one of the business grants offered
to entrepreneurs from Africa. Seedstars Africa is an organization
active offering SME grants in over 53 countries in the world, especially
regions like Africa, Asia, Middle East and South America.
To access business grants from Seedstars, you will
need to apply for the annually offered Business grant competition, a
competitive grants for young business owners and emerging markets.
These business grants for entrepreneurs from Africa
help to identify promising business owners, organizations and companies
in the very need of capital.
Target/Audience
Support Entrepreneurs who have a business in any African country.
To build and support online businesses in Africa.
To fund web and mobile tech startups in Africa.
2. Shared Interest
This business grants for Africans is lending support
to basically young entrepreneurs in Africa. Shared Interest was
established in 1990 with the aim of financing artisans, farmers and food
producers in developing countreis as lending society founded situated
in England.
Shard Interest has a very large investment and
satellite offices in major African countries lik Ghana, Kenya, Costa
Rica, Peru and some Eastern Africa countries. Having members investing
about $1,000 from over 9,000 investors has help provide a shared capital
to support entrepreneurs in Africa with grants.
Target/Audience
To support Entrepreneurs in Africa from developing countries.
Provided SME grants to make finance available to business owners such as food producers, farmers, artisians.
3. Tony Elumelu Foundation Entrepreneurship Program
The Tony Elumelu Entrepreneurship Grant is offered by
the Tony Elumelu Foundation (TEF) to provide 10,000 aspiring African
Entrepreneurs an opportunity to benefit from $100 million grant to
create 1,000,000 jobs and contribute $10 billion in annual revenues to
Africa’s economy over the next 10 years
The Tony Elumelu Foundation Entrepreneurship grants
Programme (TEEP), a Pan-African entrepreneurship initiative of the Tony
Elumelu Foundation founded by a Nigerian billionare investor is a
multi-year programme of training, funding, and mentoring, designed to
empower the next generation of African entrepreneurs.
Target/Audience
Provide finance to aspiring African entrepreneurs
Offer $100 million grant to create 1,000,000 jobs and contribute $10 billion in annual revenues to Africa’s economy.
African entrepreneurs who are business owners or startups with achievable innovative ideas.
4. Tshikululu Social Investments
Tshikululu Social Investments provides wide range of
social investment and business grants to Entreneurs residing in Africa.
The provider is a South African Corporate Social Investment (CSI)
manager responsible for dispensing SME Grants to Africans.
Tshikululu Social Investments over the years is
managing CSI funds of different organizations like Rand Merchant Bank
Fund, De Beers Fund, and many others.
Target/Audience
To support entrepreneurs in Africa with SME grants.
Provide Business grants to wide range of business
owners, companies ranging from community support and growth, arts and
culture, healths, medical assistance, health care e.t.c
5. Lundin Foundation
The Lundin Foundation is one organization offering
business grants. established by the Swedish family by name Lundin in the
year 2005 to offer Entrepreneurs in African countreis business grants.
Lundin Foundation has it’s headquarters situated in Canada, but operate branches in these African countries- Ghana and Kenya.
Several business owners and entrepreneurs across Africa has reeived this business grants offerd by Lundin Foundation.
Target/Audience
Provide financial support to already established business, organizations around the world
Provide business grants, risk capital and mentorship to business owners, companies across Africa.
6. Root Capital
The Root Capital offer Business grants to empower
entrepreneurs, businesses in Africa. Root Capital is a non-profit
investment fund established in 1991 to positively provide funds and
impact businesses, families in rural communities and bridge social
interaction with business owners.
Over 450 businesses have receive grants worth
$million dollars within the years of business grants offered. However,
the policies has it a 100% payback for the Root Capital investors.
Target/Audience
Bridge business grant gap and promote rural development with business capital
Provide business training and sourcing funds options to strengthen small and medium sized businesses.
Connect to agricultural business and deliver financial training including funds to strengthen and grow businesses in Africa.
7. Anzisha Prize
The African Leadership Academy’s Anzisha Prize
provide young innovative African entrepreneurs with business grants if
you are a founder of an established business venture.
Not only will you get business grants but leadership
and entrepreneurial training for young Africans between age of 15 to 22
years.
This is a perfect business grants for young innovative entrepreneurs in Africa be it any venture, business, and project.
Target/Audience
To provide business grants to young innovative African entrepreneurs
Business mentorship for business owners of age 15 to 22 years.
8. Schwab Foundation
In order to advance social entrepreneurs in across
the globe, Schwab Foundation continually seek for business owners who
are social entrepreneurs in different areas such as agribusiness, tech,
health, education.
The Schwab Foundation was established in 1998 as a
social entrepreneurship firm situated in Geneva, Switzerland to provide
business grants across Africa region with rigorous selection stages
which upon selection you will receive the business grant.
Target/Audience
Provide grants to social entrepreneurs in areas such as education, agribusiness, health, technology e.t.c
Basically, fund social entrepreneurs after intensive screening with the business grants.
9. MEST Africa Challenge
Are you a young tech entrepreneur emerging in the
tech industries? MEST Africa Challenge offers annual Africa wide-pitch
competition with business fund of $50,000 in equity investment for
startups.
MEST Africa Challenge is a great business grants for
entrepreneurs who are in tech business based in any of the country-Côte
d’Ivoire, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Sénégal, South Africa
and Tanzania. The challenge is a unique search for African tech
entrepreneurs and focus on giving them coaching, business capital, wide
networking with other entrepreneurs, startup.
Target/Audience
To support African entrepreneurs with business investment capital.
Provide business grants to young emerging technology entrepreneurs in Africa.
10. Savannah Fund
The Savannah fund is also another fantastic option,
as it provides startpus, business grants to African entrepreneurs.
Savanah fund have over time generated a revenue mor than $8million as it
focusess on nursery stage high growing technology entrepreneurs and
startups in Africa.
Since it has been assisting entrepreneurs with
business grants. It has records of support to African entrepreneurs from
Kenya, Nigeria, Ghana, South Africa and other neighbourhood countries.
Target/Audience
To strongly bridge the business funding gap between
ventures capital investments and early startups and entrepreneurs in
Africa.
11. She Leads Africa Accelerator Grants
This business grants is offered annually to female
entrepreneurs between the age of 18-35 and have already business that
need funding in Nigeria.
The She Leads Africa Accelerator prize will raise
your profile, have access to Nigeria funding, best business minds in the
country and an opportunity for investement in your business.
The program duration is 6 months with a N2Million in investment capital to entrepreneurs who are females.
Target/Audience
To provide investment capital of N2million
To give female entrepreneurs between age of 18 to 35
with existing business based in Nigeria, business fund, media coverage
to boost profile.
12. Miss Africa Seed Grants for African Women in Tech Businesses
A US$5 000 business grant as prize for winner while
$1 000 grand prize for finalists. Miss Africa Seed funding supports tech
business owned by African entrepreneurs who are women/girls.
The Business grants for African entrepreneurs is an
initiative organized by DCA Academy offeering funding as support to
females in science related fields.
If you are current resident of any African country
with demonstrated leadership potential as company representaive or
social enterprise situated in Africa. Then consider this grants are it’s
support STEM fields and related subjects.
Target/Audience
To provide grants to support wowen and girls who demonstrate leadership qualities.
Females in STEM fields and related subjects with US$5
000 business grant as prize for winner while $1 000 grand prize for
finalists.
13. YALI Regional Leadership
The Young African Leadership Initiative (YALI) was
launched to support African entrepreneurs and invest in the future
generation businesses in Africa.
Basically, civil leaders, entrepreneurs, and business
owners receive grants including other benefits such as leadership
training, creatitivity and innovation, effective communication as
entrepreneur.
Target/Audience
To provide business grants
Support African entrepreneurs between age 18 to 35 years
14. Ashden International Awards for Entrepreneurs in Developing Countries
Ashden International Awards for Entrepreneurs is one
of the world’s biggest green energy business awards which provide
innovative entreprises with the contribution of creating sustainable
energy systems.
The entrepreneurship grants is open to non-government
organizations, social entreprises helping to build a low carbon society
now for the future generations.
Business and social entreprises do receive $20, 000
and have to be based on United Nations list of eligible countries.
African countries are on the list of eligibile countries so this give
you a one privledge to consider this grant.
15. African Entrepreneurship Award
The business grants is provided by BMCE bank of
African with a focus to provide a platform for mentorship. SME grants to
entrepreneurs in Africa for smart business ideas.
African Entrepreneurship awards is another funding
grants offered to African Entrepreneurs whose business are applicable to
the African environment with social impact.
You can consider this business grant for Africans if
you are a citizen of any African country and of age 18 years and above
whose business fall into the categories of innovation & sports
entrepreneurship, and sports entrepreneurship.
You can choose this business grant as it offers $1million to selected African entrepreneurs.
16. GroFin Grants
Small and medium sized business in Africa that are
into manufactring,agribusiness, education, healthcare and basic key
services such as energy, water, sanitation do receive business grants
and supports such as financial loans.
GroFin Grants is a private financial institution with
the aim of providing business and entreprises in Africa with medium
term financial support. Ever since it was launched in 2004, it has
provide business support to over 700 small and medium entreprise and
helping to sustian jobs in some countries in Sub Saharan African and
MENA regions.
Target/Audience
To provide financial support to business and entreprises in Africa
Offer financial loans to medium sized business in manufacturing, agribusiness, education, and healthcare.
17. African Women Development Fund
The business grants is provided to support
organizations that are women led or tackling issues of female rights,
security, and justice.
African Women development funding is a pan African
female grants that support any organization that strives to support
women right and participation for peace.
The business must have been in existence upto 3
years, registered and located in African country, led by a woman and
have structured organization board for effective project implementation.
Target/Audience
Provide funds to business/organization registered and situated in an African country
Offers fund to business/enterprise that are led by
women and tackling women rights, security and justice in their
country/region.
18. Unilever Young Entrepreneurs Award
This business grants support innovative entrepreneurs
tackling some world challenges, specifically the globe sustainability
goals.
Unilever young entrepreneurs award can be the perfect
grant for you if you a a social entrepreneur with impact and need
supports as funds to scale your business, entrepises to a next level.
This business grants for African entrepreneurs have
fund lots of businesses and reached a large number of young entrepeneurs
through funding and support.
Target/Audience
To provide business grants to innovative young entrepreneurs
To support support social entrepreneurs with funds to scale business tacking world sustainability challenges.
19.Innovation Prize for Africa
Innovative prize is one of the grants for African
entrepreneurs. The business grants is aimed to encourage an innovation
driven solutions to the challenges in Africa.
Have an idea or solution to a critical challenge
affecting Africa countries. Innovation prize for Africa is a platform to
help you amplify your voice and innovative solution to the challenges
faced.
So you need a funding, then apply for innovative
prize for Africa, if you have a business idea or solution that is
impactful to Africa.
Target/Audience
The award support an innovation driven ideas and business that solve challenges in Africa.
20. African Women Innovation and Entrepreneurship (AWIE)
This program seeks to provide business grants to
accelerate entrepreneurship that are female led organization. AWIE is
among the entrepreneurship grant platforms that support and provide
funding to innovative , creative female entrepreneurs across the African
region.
Each year AWIE recognizes and support females in
private non-profit businesses in Africa doing tremendous change and
impacting the economic growth of Africa.
Target/Audience
To support women led organizations registered in any African country.
Award nominated female entrepreneurs in some award categories.
Conclusion
As entrepreneurs and startup, you can get business
grants and fundings to support and scale up your entreprises if your
business is registered and located in any Africa country. The above
business grants for Africans entrepreneurs are the top grants avialable
to entrepreneurs in African region.
Take advantage of this wide range of business grants and apply for the latest ongoing and opend business grants.
Between
June 2015 and May 2016, the Department of Small Business Development
(DSBD) trained 1 037 informal traders, established 29 satellite offices
and five centres of business excellence.
