African Students' GBSN Africa Business Concept Challenge 2024

African Students’ GBSN Africa Business Concept Challenge 2024

African Students’ GBSN Africa Business Concept Challenge 2024. To help African undergraduate and graduate students develop a workable business concept that tackles a locally relevant challenge or problem related to Agenda 2063: inclusive and sustainable development, GBSN is pleased to invite applications for the fourth annual Africa Business Concept Challenge (ABCC). The Africa Business Concept Challenge aims to support young Africans who exhibit these values, are oriented toward entrepreneurship, and want to give back to their communities. The competition finds high-potential youth for investment and mentoring, with an emphasis on responsible business.

Summary

GBSN Africa Program
Virtual challenge location.
5-week program duration.
There are multiple available slots.
Basic qualifications: undergraduates and graduates.
Nationality: African students.

GBSN Africa Business Concept Challenge Eligibility

Five-week virtual challenge.
Teams must have two to five members, two of whom must be enrolled at an African university.
Multidisciplinary groups are welcome.
Each team requires a captain for registration and GBSN relations.
Each team requires a faculty mentor for learning and guidance.

Values of Competition

Emphasizes ethical entrepreneurship and employment generation.
Advocates for a global perspective.
Uphold’s moral business conduct.
Shows interest in youth development in emerging markets.
Believes in business’s duty to improve society and uphold public trust.
Advocates for ongoing education and lifetime learning.

Competition Advantages:

Influence on local community issues.
Networking with international student teams and industry professionals.
Mentoring and industry expert judges.
Structure, feedback, and guidance from team advisors.

Investor Experts’ Role in Student Team Development

Assesses and grades the business concepts of student teams.
Provides feedback for refining ideas.
Approves projects identifying local issues and developing viable business plans.
See the Top 5 Projects for inspiration.
It requires a community problem, a business plan, enterprise resolution, and a business solution application.