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2021-2022 African German Entrepreneurship Academy (AGEA) Business Idea Competition for Entrepreneurs

Applications are open for 2021-2022 African German Entrepreneurship Academy (AGEA) Business Idea Competition for Entrepreneurs to the following individuals; students, (Masters or PhD), researcher or academic staff (lecturer, professor) at a University, Research Institution. Or a Higher Educational Institution (HEI) in Africa.

Do you have interesting and innovative research results that can be transformed into a commercially viable business start-up?

Apply for the AGEA Business Idea Competition 2021; stand a chance to win the top prize and receive expert support to build a business start-up.

AGEA; organises and hosts the annual Business Idea Competition to reach out, identify and support innovative and entrepreneurial solutions for Africa by African students, entrepreneurs and researchers within its network and beyond. The focus of the competition this year is on generating entrepreneurial and commercially viable solutions stemming from research at African universities that can develop into spin-off start-ups/companies. Participants get business plan awards amongst others.

About African German Entrepreneurship Academy (AGEA)

About African German Entrepreneurship Academy (AGEA) believes the future of our economies relies on innovative Small and Medium-sized Enterprises (SMEs), the International SEPT Program of the Leipzig University (Germany), in 2008 initiated an innovative project called the  “intelligence for innovation – iN4iN”. In extending the iN4iN concept to Africa; a partnership with numerous African Universities was established to promote entrepreneurship and innovation in Higher Education Institutions (HEIs).

Related Post:  Curtin University HDR Scholarship - 2022

Benefits Of AGEA Business Plan Competition 

The Best three business ideas will receive the following prizes:

  • First Prize – €1,000
  • Second Prize – €500
  • Third Prize – €300
  • Audience Award – €500

Requirements for AGEA Business Idea Competition Qualification

 Interested persons from HEIs, Universities, Research institutions in Africa are eligible

  • Students (Masters and PhD) 
  • Academic staff (lecturers, professors) and researchers
  • Early-stage entrepreneurs (university alumni – Bachelors, Masters or Doctorate)

Note: You can participate in the competition as an individual or a team of a maximum of three (3) members. If you apply as a team, each member must be eligible for the competition.

Idea Evaluation Criteria

  • Relevance
  • Feasiblity
  • Market Availabilty and sustenance
  • Commercial viablity and Impact

How to Apply

Interested and qualified? Go to African German Entrepreneurship Academy (AGEA) on docs.google.com to apply

For more details

Application Deadline

October 31, 2021

2021-2022 African German Entrepreneurship Academy (AGEA) Business Idea Competition for Entrepreneurs

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