Grant Announcement: Empowering African Entrepreneurs
The Momentum Fund (AVFA), in collaboration with the International Monetary Fund (IMF) and the United States Agency for International Development (USAID), is thrilled to announce the launch of the Entrepreneurship Empowerment Grant Program. This initiative seeks to support and uplift innovative and sustainable entrepreneurial ventures across Africa.
About the Grant
This program is designed to:
- Catalyze Growth: Provide financial resources to early-stage and scaling enterprises with high-impact potential
- Foster Innovation: Support creative solutions that address critical challenges in local communities.
- Promote Sustainability: Encourage businesses that incorporate sustainable practices and contribute to environmental, social, and economic well-being.
Grant Details
- Grant Amounts: Up to $700,000 per project.enterprises with high-impact potential
- Funding Categories: Agriculture, renewable energy, healthcare, education, technology,Entrepreneurs, and other sectors driving transformative impact.
- Eligibility: Entrepreneurs and small business owners based in Africa, with a focus on youth-led and women-led initiatives.
Application Criteria
Applicants must demonstrate:
- Commitment to sustainability and community engagement.
- A clear and scalable business model.
- Measurable social and economic impact.
- Strong leadership and team capacity.
How to Apply
Interested applicants should fill in the application form below
We will verify your application and get back to you not later than 7 working days: