- July 23, 2018
- Posted by: Uriel Tomori
- Category: Opportunity
YALI Alumni Association – Ghana
The Young African Leadership Initiative (YALI) Regional Leadership Center, West Africa, Accra is pleased to provide the next generation of business leaders and entrepreneurs in West Africa with seed capital for competitively selected young African entrepreneurs. YALI RLCs are empowering young people through academic coursework, leadership training, mentoring, and networking. Additionally, selected YALI Alumni in West Africa have this opportunity to qualify for YALI Alumni Innovation Fund (YAIF) to start-up and expand their ventures.
The goal of the YAIF Fund is to provide essential seed capital and technical assistance to young African leaders under the age of 40. This support will enable investments in promising enterprises, thereby fostering opportunity and development in Africa. Objectives include: (1) selecting and funding young African leaders to launch or expand their revenue-generating ventures; and (2) linking young leaders with business development partners to facilitate mentoring, provide professional advice and technical know-how, and improve business outcomes.
YAIF anticipates competitively awarding entrepreneurship grants of up to USD $10,000 each to fifty (50) promising young business or social entrepreneurs in Africa. This set of instructions describes the application requirements. Grant funds may be used to start-up or expand ventures, covering costs such as executing market plans, conducting technical studies, testing new products and services, expanding facilities, and/or furthering related business expansion or start-up activities. YALI RLC West Africa may elect to award fewer grants, depending on the applications submitted.
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