Regional partners for Jack Ma’s $10 Million Africa Netpreneur Prize Initiative named
A few weeks after announcing that it will officially call for applications starting from the 27th of March 2019, Jack Ma’s Africa Netpreneur Prize Initiative (ANPI) has now named partners for the prize. NINE from Nigeria, RiseUp from Egypt, and 22 On Sloane from South Africa have been named as the official Western, Northern, and Southern Africa regional partners, respectively.
The three will work closely with Nailab, the continental and Eastern Africa partner, to promote the Prize in their respective regions.
The Africa Netpreneur Prize Initiative is a prize competition for African entrepreneurs, founded by the Jack Ma Foundation. For the next ten years, the ANPI will host a pitch competition across Africa culminating in a finale where ten finalists will compete for US$1 million in total prize money.
The Prize aims to support and inspire the next generation of African entrepreneurs across all sectors, who are building a more sustainable and inclusive economy for the future.
The regional partners will mobilize aspiring entrepreneurs across the continent through grassroots outreach.
Graca Machel, Chair of the Graca Machel Trust Board and a member of ANPI advisory board, noted that the regional partners will help support the Prize’s inclusive and community-based approach and praised the Prize’s strong focus on women entrepreneurs. “There are so many undiscovered entrepreneurial heroes, women and men alike, who once unearthed can become game-changers of the African entrepreneurship landscape. I am happy the Africa Netpreneur Prize has decided to make women a priority.”
ANPI will officially call for applications starting from the 27th of March to the 30th of June 2019. All ten finalists will receive grant funding from the Jack Ma Foundation, as well as access to the Netpreneur community of African business leaders to leverage the community’s shared expertise, best practices, and resources.