HURRY NOW: BMCE Bank of Africa Entrepreneurship Award 2017/2018

HURRY NOW: BMCE Bank of Africa Entrepreneurship Award 2017/2018

The African Entrepreneurship Award is both a process and an organization within BMCE Bank of Africa. Our goal is to enable the enablers. What does that mean? We as an Award organization seek to enable you the entrepreneur to be a job enabler in Africa. Through our regional, pan-African, and global mentoring program, you will receive coaching that enables you to launch or grow your business idea so that you can create jobs – enable others – in Africa.

Since its privatization in 1995, BMCE Bank of Africa has emerged as an institution seeking to transcend borders and become an international leader. With 13,000+ employees across 32 countries, one of the core values of the BMCE Bank of Africa is to strengthen Africa, with values such as transparency and integrity.

“We are more than a bank, we are Africans in this initiative building together the future of this great continent.”

Headquartered in northwest Africa, BMCE Bank of Africa operates in 21 African countriesand leads the entrepreneurial revolution in Africa as an extension of its social and environmental commitment. Reaching across the African continent, BMCE Bank of Africa seeks to promote young entrepreneurs and their small businesses that create jobs and improve lives. 

We at BMCE Bank of Africa cultivate optimism in all circumstances and we make sure to spread it to all those who surround us, crafting universal and timeless values of entrepreneurs, builders and creators, dreamers and achievers.Othman Benjelloun – Chairman of BMCE Bank of Africa.

The African Entrepreneurship Award Transcends Borders

This Award journey inspires entrepreneurs to launch businesses and supports them with virtual mentoring from an African and Global Network of Partners.

To hear more about how this journey works, listen to this series on Transcending Borders where the BMCE Bank of Africa bankers share the behind-the-scenes stories about their determination to make this dream a reality.

Eligibility

You, the entrepreneur, must meet the following criteria as you submit your business proposal:

• You must be a citizen of an African country.
• You must be a minimum of 18 years old as of October 1, 2017.
• Your business must be applicable in an African country.
• Your business proposal must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies, etc.).
• Your business must be for profit.
• Your business idea must include a social impact. You need to articulate the problem that you are trying to solve as well as the solution that you propose to offer.
• Your business must be relevant to one of these categories:
  • Education – positively impact education in Africa
  • Environment – positively impact the environment in Africa
  • Uncharted – a high-impact business venturing into unexplored territory or untested markets

Additional Eligibility Information

• You can submit a proposal as a resident of any country worldwide – keeping in mind that you must be a citizen of an African country.
  • For example, a resident of the United Arab Emirates with Egyptian citizenship is eligible for this Award.
• Your business can operate in any African country even if you are not a citizen of that country.
  • For example, a Ghanaian citizen can submit a proposal for a business in Liberia.
• You can submit a proposal for a business already in operation.
• Your business can operate across borders in multiple African countries.
• Your business should demonstrate the potential to scale beyond one region in Africato pan-African impact.
• You can operate in multiple countries, but you will be asked to designate a primary community in Africa that will benefit or be impacted by your business.

Categories:

Education is essential to equip Africans in the 21st century. As 11 million young Africans enter the job market every year, we are looking for business ideas that will impact education with the potential to scale across Africa.

 

The Environment is critical to ensure Africa works together in all sectors to promote innovations that will protect the livelihood of current and future generations. As 11.3 million hectares of land are ravaged every year by poor agricultural systems, over-grazing, and deforestation, we are looking for business ideas that will impact the environment with the potential to scale across Africa.

Uncharted means unexplored, not yet attempted. What is so difficult to do in your community that no one has tried before? Like explorers and inventors throughout history, what will propel Africa into a stronger position in the 21st century? We are looking for business ideas that boldly go where no one has gone before in Africa.

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