African YouthAdapt Challenge – AfDB African Youth Adaptation Solutions (YouthAdapt) Challenge 2021 for young African Entrepreneurs Get $100,000 Business Grant

African YouthAdapt Challenge – AfDB African Youth Adaptation Solutions (YouthAdapt) Challenge 2021 for young African Entrepreneurs Get $100,000, Business Grant

The Global Center on Adaptation (GCA) and the African Development Bank (AfDB.org) has launched a call for applications for the first edition of the African Youth Adaptation Solutions (YouthAdapt) Challenge.

The call encourages young entrepreneurs, innovators from micro, small and medium-sized enterprises (MSMEs), and other youth-led and youth-owned enterprises in Africa, to implement solutions for building resilience and adapting to the adverse impacts of climate change. Young entrepreneurs between the ages of 18 and 35 are invited to respond to the call for the expression of interest and submit their business plans through the official submission portal.

With a strong focus on youth and gender, winners of the YouthAdapt Challenge will be awarded business grants of up to $100,000 each and the opportunity to participate in a 12-month business accelerator program to help them scale up their businesses, deepen their impact and create decent jobs.

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In addition, the winning youth-led enterprises will be provided with mentorship and support to expand partnerships, knowledge sharing, and learning through a network of young entrepreneurs in climate adaptation.

The African Youth Adaptations Solutions Challenge is part of the ‘Empowering Youth through Jobs and Entrepreneurship’ pillar of the Africa Adaptation Acceleration Program (AAAP), a strategic partnership between the GCA and the African Development Bank aimed at galvanizing climate-resilient actions through a triple win approach to address the impacts of Covid-19, climate change and the economy.

Aims of African Youth Adaptation Solutions (YouthAdapt) Challenge 2021

The competition aims to leverage the resources, complementary expertise, and networks of both organizations to support the ‘missing middle of mid-sized companies in the areas of funding, thereby promoting sustainable climate adaptation and resilience practices on the African continent.

The YouthAdapt Challenge will unleash the entrepreneurial drive and capacities of African youth to grow their businesses, address the continent’s pressing climate challenge and create decent jobs, building a more climate-resilient Africa.

Eligibility Requirements for African YouthAdapt Challenge 2021

• The organization must be Youth-led aged between the ages of 18 and 35 years
• Delivering climate adaptation or resilience solutions addressing real-life challenges
• The organization must be legally registered and operating in Africa
• Able to show revenues for at least two years

How to Apply for African YouthAdapt Challenge 2021

Interested and eligible candidates are to complete their application form online via the official application portal here. on or before the application deadline stated below.

Application Deadline

The deadline to apply for this opportunity is 6th October 2021. After which twenty youth-led enterprises will be shortlisted at the end of the application window and invited to submit videos for a jury panel review ahead of the finals and an award ceremony at COP26 in Glasgow on November 8, 2021. At this event, ten winners will be selected, 50% of which will be women-led enterprises.

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