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About the Bloomberg Africa’s Most Innovative Startups Award
Bloomberg is launching its Africa Startups Award to Watch list, designed to identify and support innovative African startups that are addressing the continent’s biggest challenges. This initiative seeks to spotlight companies that are developing cutting-edge solutions for issues like financial infrastructure, electricity, climate change, and food security, while leveraging advanced technologies such as artificial intelligence.
Eligibility Criteria
Startups that meet the following criteria are eligible to apply:
- Founded to Solve Africa’s Challenges: Your startup must aim to address significant issues faced by Africa.
- Unique Idea with Impact: The startup should have a distinctive idea that has won over both investors and customers.
- Privately Held: The startup must be a private company, not publicly listed.
Selection Criteria
Applicants will be evaluated based on:
- Business Model: Clear, unique, and innovative business ideas with the potential to drive change.
- Customer Demand: Proven customer interest and traction in the market.
- External Funding: Information on external funding that shows the startup’s ability to attract investors.
Specific, detailed information on how the product or service is working will be favored over general assertions. Selected startups will be profiled on Bloomberg TV and other platforms, with the list of winners unveiled in the first quarter of 2025.
Benefit of the Bloomberg Africa’s Most Innovative Startups Award
Startups selected for the Africa Startups to Watch list will receive an unparalleled platform to showcase their work and gain international recognition. As part of the initiative, your company will:
- Global Exposure on Bloomberg Platforms: Startups will be profiled on Bloomberg TV and across Bloomberg’s vast array of media channels, giving them visibility among investors, potential partners, and a global audience.
- Recognition as an Industry Leader: Being selected for this prestigious list will position your startup as one of Africa’s most promising and innovative companies, giving you a competitive edge in attracting further investment, talent, and opportunities.
- Networking Opportunities: This initiative will connect startups with industry leaders, investors, and other innovators across various sectors, fostering collaboration and potential partnerships.
The Africa Startups Award to Watch list will be unveiled in the first quarter of 2025, featuring the continent’s most exciting and forward-thinking companies. This recognition could be the catalyst your startup needs to scale new heights and tackle Africa’s most significant challenges head-on.
How to Apply
Applications must be submitted through the provided link on the Bloomberg website before the deadline which is November 8, 2024.
This is a valuable opportunity for African startups to gain visibility, attract investors, and showcase their potential to solve critical issues on the global stage.
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