GBSN is thrilled to announce the 4th annual Africa Business Concept Challenge (ABCC), a virtual competition that invites African undergraduate and graduate students to develop a feasible business concept that addresses a locally relevant challenge or problem related to Agenda 2063 and inclusive and sustainable development.
The competition is designed to support young African entrepreneurs who exhibit a desire to serve their community and demonstrate strong values. With a focus on promoting responsible business, the challenge identifies high-potential young people for mentorship and investment.
The virtual challenge will last for five weeks and is open to several African students. Teams must consist of two to five members, with at least two members being current students at an African institution during the competition. Interdisciplinary teams are encouraged, and each team must have a captain responsible for communicating with GBSN and registering the team. A faculty mentor is also required to guide teams and enrich the learning experience.
The competition values responsible entrepreneurship, ethical business practices, and an international outlook. Participants will have the opportunity to make an impact on local community problems, network with student teams from across the globe, and receive feedback from experienced entrepreneurs and industry professionals. The competition will evaluate and score the business concepts, providing critical feedback to improve them.
Interested and eligible African students should complete and submit the application form for the 2024 ABCC Student Teams application by March 05, 2024. Teams are required to have a general idea of a business concept ready to complete the application form. For more information, please refer to the FAQs tab on the official website.
In summary, the Africa Business Concept Challenge is an excellent opportunity for African undergraduate and graduate students to develop their entrepreneurial skills and make a positive impact on their community.
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