GBSN 2024 Africa Business Concept Challenge
GBSN is happy to accept applications from qualified African undergraduate and graduate students for the 2024 Africa Business Concept Challenge to develop a viable business concept that addresses a locally-relevant challenge or problem related to Agenda 2063, and inclusive and sustainable development.
Student Teams will engage in a three-phased project development process where their business concepts are evaluated and scored by a designated Investor Expert, delivering critical feedback to improve their business concepts.
The Africa Business Concept Challenge intends to assist young people from the African continent who have an entrepreneurial orientation, a desire to serve their community, and demonstrate the values. With a focus on promoting responsible business, the competition identifies high potential young people for mentorship and investment.
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Contest Summary:
Organisation: GBSN, Africa
Program Location: The Challenge will be virtual
Program Duration: 5-week period
Available Slot: Several
Basic Qualifications: Undergraduates & Graduates
Nationality: African Students
Requirement and Eligibility Criteria for the GBSN Africa Business Concept Challenge:
- The challenge will be virtual and take place during a 5-week period.
- Teams must consist of two to five members, where at least two must be current students at an African institution at the time of the competition. Interdisciplinary teams are encouraged.
- Each team must have a Captain who will handle communications with GBSN and register the team.
- Each team must have a Faculty Mentor upon registering. Mentors will help guide teams and enrich the learning experience
Competition Values:
- A commitment to the importance of responsible entrepreneurship and its role in job creation
- An international outlook
- A commitment to ethical business practices
- A strong interest in young people in emerging markets and the role that business can play in creating opportunities that enable them to develop
- A belief that business is a public trust with the obligation to improve and serve society
- A commitment to lifelong learning and continuing education
Benefits for the GBSN Africa Business Concept Challenge:
- Societal Impact: The Challenge offers a chance to make an impact on local community problems.
- Networking: Opportunities with student teams from across the globe, as well as experienced entrepreneurs and industry professionals
- Mentoring & Industry Experts: High-caliber, experienced judges, who are experienced entrepreneurs and industry leaders
- Structure, Feedback & Guidance: Personalized, individual feedback during the project development process from Team Advisors
Projects
Student Teams will engage in a three-phased project development process where their business concepts are evaluated and scored by a designated Investor Expert, delivering critical feedback to improve their business concepts.
Projects will be accepted that properly identify and define a local challenge and a viable business concept that addresses the problem. For project inspiration, check out last year’s Top 5 Projects
- A community challenge or need
- A viable business concepts
- A business solution
- Implementation and impact of business solution
SEE ALSO: WARA 2024 Post-Doctoral Fellowship
Application Procedures for the GBSN Africa Business Concept Challenge (How to Apply):
Interested and eligible candidates seeking for GBSN Africa Business Concept Challenge for African Students should fill and Submit application form for the 2024 ABCC Student Teams application.
NOTE: Teams are required to have a general idea of a business concept ready to complete the application form. For more information, please see the FAQs tab.
Application Deadline: March 05, 2024
For more information Visit the Official Website.
