Do you need funding to launch your business idea or support your already existing business as a young African entrepreneur? If yes, then the 2020 RUFORUM Young African Entrepreneurs Competition (RUYAEC) might just be the opportunity you’ve been waiting and searching for.
About The Competition
The Young African Entrepreneurs Competition (RUYAEC) organised by the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM, is an opportunity for young entrepreneurs in Africa to showcase their business ideas, products or services to the world.
Selected winners of this Young African Entrepreneurs Competition (RUYAEC) will receive funding for their business concepts, innovations and enterprises. The will also be given the opportunity to participate at the biennial conference of RUFORUM that will be holding October this year, at Nairobi, Kenya through all expense paid trip.
The competition is open for young entrepreneurs in the Agribusiness, ICT, Health, Engineering, Transport, Urbanization, Natural Resources, Meteorology, Green Economy etc.
The Application Process
Interested applicants are to download the Application Form from RUFORUM website, fill and submit it online before the deadline which is 31st August, 2020 for it to be reviewed.
To read more about this, here is a copy of The Call on RUFORUM official website.
“The Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) is a network of 85 Universities in 35 African countries is pleased to announce the 2020 RUFORUM Young African Entrepreneurs Competition (RUYAEC).
The 2020 RUFORUM Young African Entrepreneurs Competition (RUYAEC) whose overall purpose is to catalyse entrepreneurship through promotion of business innovation and provision of seed funding to young entrepreneurs with creative and innovative business ideas among African youth.
RUYAEC invites young (<35years) African entrepreneurs and incubates to compete for 10 awards to show case their innovations, enterprises and business concepts and propositions. The focus is for the young entrepreneurs to share their stories at an international stage with close to 1200 participants drawn from academia, business and industry, development organisations, practitioners and philanthropists.
It is hoped that through this competition, young entrepreneurs’ business concepts, impact, innovation and business opportunities can be expanded. While the focus of this competition is on innovation in agribusiness, other innovations, incubations, business enterprises and business concepts along ICTs, health, engineering, natural resources, meteorology, urbanization, green economy, and transport and communication, among other areas, will be considered.
The ten (10) competitively selected business enterprises will receive all expenses paid trip (air-ticket, conference registration, and hotel costs) for participation at the RUFORUM Biennial Conference in Nairobi, Kenya. The selected young entrepreneurs will receive a cash price award.
Applications are invited from enterprises and individuals that meet the following eligibility criteria.
- · Persons with an established business enterprise and/or those with innovations that can potentially be commercialized and/or those with business concepts
- The business enterprise/potential enterprise should have a defined business model that show case the innovativeness of the proposed enterprise/business/innovation.
- Persons in the age category 16-34 years
· Submissions should be in English or French using the template provided.
Deadline for submissions is 31st August, 2020.
Application submission process
All applications should be submitted through the www.ruforum.org/younginnovators/
For any enquiries do contact
Dr. Egeru Anthony (email@example.com) and Dr. Sylvanus Mensah (firstname.lastname@example.org).