| Program Name | Africa Business Heroes (ABH) Competition 2025 |
|---|---|
| Application Deadline | May 23, 2025 |
| Organized By | Jack Ma Foundation |
| Funding Available | $1.5 million in grants |
| Eligibility | African founders or co-founders of businesses operating in Africa |
| Key Benefits | Funding, global exposure, mentorship, networking, business training |
| Application Process | Online application, video introduction, reference submission |
| Official Webpage | Africa Business Heroes Official Page |
The Africa Business Heroes (ABH) Competition, organized by the Jack Ma Foundation, is one of the most prestigious entrepreneurial initiatives in Africa. Designed to empower and support African entrepreneurs, ABH provides grant funding, media exposure, and training programs to high-impact business leaders across the continent. The competition aims to recognize and celebrate 100 outstanding African entrepreneurs over a ten-year period, contributing to a thriving business ecosystem in Africa.
The 2025 edition of ABH invites African entrepreneurs to showcase their businesses and compete for a share of the $1.5 million grant. Beyond funding, finalists gain valuable networking opportunities, mentorship, and media exposure, helping them scale their ventures and drive economic growth in their communities.
Eligibility Requirements
To qualify for the Africa Business Heroes 2025 competition, applicants must meet the following criteria:
- Founder or Co-founder: The applicant must be the founder or co-founder of a business.
- African Identity: The applicant must be an African citizen or a direct descendant (child or grandchild) of an African citizen.
- Business Presence in Africa: The business must be registered, headquartered, and primarily operating in an African country.
- Proven Market Traction: The business must have at least three years of revenue and demonstrated market traction.
Benefits of the ABH Competition
1. Grant Funds up to $300,000
The competition offers a total of $1.5 million in grant funding, distributed as follows:
| Position | Prize Amount |
|---|---|
| 1st Place Winner | $300,000 |
| 2nd Place Winner | $250,000 |
| 3rd Place Winner | $150,000 |
| Other 7 Finalists | $100,000 each |
| Additional Funding | $100,000 for global immersion training |
2. Global Recognition & Media Exposure
Finalists benefit from media coverage, high-quality video features, and influencer collaborations that amplify their brand and business impact.
3. Access to an Exclusive Entrepreneurial Community
Winners gain lifetime membership in a network of elite African entrepreneurs, investors, and business professionals, providing opportunities for collaborations and partnerships.
4. Mentorship from Global Business Icons
Finalists receive one-on-one mentorship from global industry leaders, helping them refine their strategies and accelerate business growth.
5. Tailored Business Training Programs
Participants gain access to specialized training in financial management, marketing, intellectual property law, and investment readiness.
6. Valuable Business Insights & Feedback
Applicants receive constructive feedback from experienced business professionals at every stage of the competition, enhancing their storytelling and pitching skills.
Application Process & Timeline
Round 1: Application Review
- Applications are independently reviewed by three judges based on key evaluation criteria.
- The Top 50 Finalists are selected based on the average scores.
Round 2: Video Call Interviews
- The Top 50 Finalists undergo a 90-minute interview with three business experts.
- The Top 20 Finalists are selected based on their performance.
Due Diligence
- A third-party organization conducts background checks on the Top 20 Finalists before they proceed.
In-Person Semi-Finale
- Shortlisted candidates pitch their businesses to a panel of distinguished investors and industry leaders.
- The Top 10 Finalists are selected to compete in the Grand Finale.
In-Person Grand Finale
- The Top 10 Finalists pitch their businesses live before a panel of high-profile judges and an audience.
- The event is broadcast online and featured on ABH’s media channels.
How to Apply
To participate in the Africa Business Heroes 2025 Competition, follow these steps:
- Register an ABH account on the official website.
- Confirm your eligibility based on the listed criteria.
- Complete the application form, providing details about your business model, vision, and growth strategy.
- Submit a reference from someone familiar with your business.
- Upload a video introduction presenting yourself and your entrepreneurial journey.
Apply Now!
For full details and to submit your application, visit the Official Webpage of the Africa Business Heroes Competition.
Conclusion
The Africa Business Heroes 2025 Competition offers a life-changing opportunity for African entrepreneurs to secure funding, mentorship, and global recognition. If you are an entrepreneur dedicated to making a positive impact in Africa, this competition could be your gateway to growth and success. Don’t miss out—apply before May 23, 2025 and take your business to new heights!
For further inquiries, visit the Africa Business Heroes Official Webpage.
