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Over 100m/- to be won in entrepreneurship contest

11th February 2013
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Andrew Mahiga

Over 121.12m/- (about USD 75, 000) is to be shared by some 12 finalists of the 2013 Africa’s most inspiring youth entrepreneurs competition alias Anzisha Prize.

Andrew Mahiga is the Founder and Managing Director of Maanisha, a local NGO, reported that the South African based African Leadership Academy and the Anzisha Prize programme along with Mastercard Foundation will launch the application registrations next week in Dar es Salaam.

The organisation’s representative will hold an info-session this Wednesday and Fridayat the COSTECH offices in Kijitonyama and then at the Maanisha offices in Mikocheni B respectively. 

According to the Prize Programme Manager, Chi Achebe, the winning projects will be those that focus on generating employment and non-profit activities that address entrenched social problems in the community.

“We’ve worked hard to make applications and nominations as easy as possible this year…” said Achebe in an exclusive interview with The Guardian  in Dar es Salaam .

The finalists will enjoy an all-expense paid trip to the African Leadership Academy (ALA) in Johannesburg, South Africa where they will attend a weeklong entrepreneurship conference and awards gala.

They will also receive training from ALA’s renowned Entrepreneurial Leadership faculty as well as experienced business mentors.

The Anzisha Prize was introduced in an effort to catalyse innovation and entrepreneurship among youth (15-22) across the continent and a good number of applicants have been impacted and report improved ingenuity and scalability of their entrepreneurial efforts.

Last year’s finalists saw the highlights of  21 year old Ugandan winner Andrew Mupuya, founder of YELI, Uganda's first registered paper bag making company and runner up Diana Mong’are, who started Planet Green an environmental waste and recycling project.

SOURCE: THE GUARDIAN