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APPLY: 2021 United Nations B.I.S (Business. Idea. Startup) Grant For African Entrepreneurs |
The United Nations Economic Commission for Africa B.I.S (Business. Idea. Startup) Grant awards $25,000 to Africans with innovative ideas, brilliant startups and growing businesses.
UNECA Grant for Businesses, ideas & startups.
Whether it’s just an idea or an established business, our programme is structured to assist you access funds.
Target Audience
Citizens from 54 member countries of the African Union.
Grand Prize: 5,000 participants would be selected to receive a grant of $25,000 in cash and $10,000 in training.
Eligibility
Participants must be between the ages of 16 – 65 years and should have a valid national means of identification.
Summary
Host: United Nations Economic Commission for Africa
Category: Grant | Fellowships
Eligible Countries: All African Countries
Reward: $35,000
Deadline: September 24, 2021.
Programme Structure
B.I.S Grant aims to empower Africans to thrive in a daunting economy by equipping them with financing, training and mentorship.
The process to acquire our grant is categorised into three stages:
Application Stage: Firstly, applicants shall apply via the online form below. Within 4 – 5 working days, an applicant should receive a positive or negative feedback from the assessment team.
Interview Stage: Applicants who receive positive feedbacks shall have a virtual interview with a United Nations assessment representative. Within 48 – 72 hours, the interview result should be disclosed.
Verification Stage: Finalists shall go through a process of thorough verification before any disbursement can be initiated.
Requirements
In order to be eligible to apply for the grant, applicants must pay attention to the following details:
Age: Applicant must be above the age of 16 years and below 65 years
Citizenship: Applicant must be a bona fide citizen of an African country
Education: Applicant must have at least completed secondary or high school education.
Conferencing Tool: Applicant must have a close-by device to initiate a video conferencing call.
Benefit and Reward
5,000 participants would be selected to receive a grant of $25,000 in cash and $10,000 in training.
Selection criteria
What We’re Looking Out For
Criteria used in evaluating applications and awarding grants include:
Financials: How our grant funds would really contribute to the growth of your idea, startup or business
Integrity: Your application should be filled with acurate information as we often verify applicant claim.
Team: Explain why you or your team (if any) is best equipped to execute your idea, startup or business
Broader Impact: During the interview, share how our grant funds would impact your society at large.
Method of Application
Application Process:
Activities concerning B.I.S. should be submitted online through the application portal.
Click the ‘APPLY NOW’ button below.
Choose between ‘Inceptor’ and ‘Custodian’. An inceptor describes a person who has an idea, concept or plan but is yet to execute it into business. A custodian describes a person who manages an existing startup or business.
Fill the form accurately and expect a feedback within 4-5 working days.
Participants with positive feedback should make adequate preparations for an online interview.
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