African Innovation Prize

African Innovation Prize

Charity information

African Innovation Prize

The African Innovation Prize is a UK-based charity founded in 2010 to spur student innovation and entrepreneurship in Sub-Saharan Africa, through business planning competitions and training.

Founded 2010

  • Mission statement

    The African Innovation Prize works through an integrated 3-pillar programme to stimulate a culture of entrepreneurship across African universities. We inspire & fund student business ideas and plans through our two-phase business planning competition. We support & train student entrepreneurs through hosting on-campus training sessions and creating online resources. We develop connections between students and the local enterprise community through seeding entrepreneurship clubs within universities, and brokering mentorship between students and local business leaders. Enterprise development has a bright future in Africa and we want to ensure student entrepreneurs are engaged with this growth.

    For the African Innovation Prize, success is embodied in African universities with vibrant entrepreneurship cultures. We track the following indicators as evidence of the success of our work: the number of participants in our business planning competitions; the quality of the entrants; the number of registered businesses created; an increase in the number of students electing to start up their own businesses; growth in membership of student entrepreneurship clubs; frequency of entrepreneurship club meetings; number of downloads of resources from our website; enhanced entrepreneurship skills. In recent years, we have developed our programme to focus on these areas in Rwanda and Sierra Leone. Our aim is to expand this to become the first Pan-African business plan competition for students.

  • Aims

    African Innovation Prize aims to:

    • Inspire & fund student business ideas and plans through our two-phase business planning competition.
    • Support & train student entrepreneurs through hosting on-campus training sessions throughout the academic year and creating online resources.
    • Develop connections between students and the local enterprise community by seeding entrepreneurship clubs within universities, and brokering mentorship between students and local business leaders.
  • Overview

    Established: June 2010

    Registered Charity Number: 1146881

    Board members: 3

    Full time staff: 1

    Volunteers: 2

    Phone number: +250788300465

    Address: 110 Liverpool Road London N1 0RE

    View charity accounts on the Charity Commission website
  • Business Plan Competition Burundi 2014

    In Phase 1, students submit innovative business ideas in 250 words. The three best ideas p... More