Euromena Awards for Innovative African Startups 2019

Published: 17 Sep 2019

Euroma Consulting is inviting applications from Innovative Entrepreneurs who will benefit from its third Euromena Awards for Innovative African Startups 2019, a start-up competition dedicated to local and innovative entrepreneurs,  to take place in Dakar, Senegal for the return of the Sub-Saharan Africa Edition. 

Euroma Consulting is convinced that Africa is a pool of talent and ideas, and is looking for promising African entrepreneurs who have innovative ideas. Euromena Awards will award A €10,000 financial reward will be shared among the 3 candidates shortlisted by the jury.

To be eligible for the award, the applicant must be a startup who is seeking to expand or scale-up and they must respond to a clear social impact, whereby an intentional positive outcome is meant to solve a certain social challenge or problem
 

Euromena Consults Entrepreneur

Application Deadline	December 12, 2019
Country to study	Senegal
Type	Entrepreneurs
Sponsor	Euromena Consults

Euromena Consults Entrepreneur Benefits

1. A €10,000 financial reward will be shared among the 3 candidates shortlisted by the jury. The winner will receive € 5,000, and 3,000 and 2,000 are intended for the 2nd and 3rd laureates, respectively.
2. 6 months of customized, high quality business consulting support including coaching, mentorship, and advisory services adapted to the winner’s needs, valued at US$150,000
3. Networking, exposure and access through Euromena Consulting’s vast existing network of key stakeholders across the sub-saharan countries
4. Local and regional engagement with partners, clients and beneficiaries through access to Euromena Consulting events and opportunities

Requirements for Euromena Consults Entrepreneur

1. They must be in “startup” mode and seeking to expand or scale-up
2. They must respond to a clear social impact, whereby an intentional positive outcome is meant to solve a certain social challenge or problem
3. They must involve a team of at least 2 members
4. They must use technology either as a tool or as an end product or service
5. They must demonstrate economic viability
6. They must have a fully working product/service that has already been produced/launched
7. They must be based in one of the following eligible countries, that is sub-saharan country.

Selection Process

Selection Criteria: The jury members will select the finalists based on the following main criteria:

1. Quality of idea – level of innovation, level of competitiveness, use of technology
2. Quality of product/service – clarity of ideas, scalability
3. Quality of business model – clarity of vision, clarity of approach, sustainability
4. Quality of management/leadership – educational/professional backgrounds, team organization and division of tasks
5. Level of impact – evaluation of the level of impact on surrounding society or environment
6. Feasibility – social and economic

Application Deadline

December 12, 2019

How to Apply

Interested and qualified? Go to Euromena Consults on docs.google.com to apply