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Thursday, September 23, 2021

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.

  • Host: United Nations Economic Commission for Africa
  • Category: Grant | Fellowships
  • Eligible Countries: All African Countries
  • Reward: $35,000
  • Deadline: September 24, 2021.
  • Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE

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.
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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.

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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.

Deadline: September 24, 2021

Check Intel Region Scholarships for more Opportunities

Have any questions? – Click HERE to let us know and we will be glad to help.

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