The prize is awarded in two categories:
First category: Best Innovative Business Project
It rewards the initiative of young Africans who are engaged in entrepreneurship. This category is open to anyone aged 40 years at the contest date and who has submitted a business plan. The jury will pay attention to the consistency, the profitability of the project, its added value, its feasibility, but also the background of the project leader and his personal contribution.
First prize: 10 million CFA with the financial support of the business plan
Second prize: 2.000.000 CFA with the financial support of the business plan
Second category: Applied Research & Technology Innovation
The award recognizes innovative solutions with immediate effect that will have a direct impact on people’s lives. No age limit is raised in this category.
First prize: 10 million CFA
Second prize: 2,000,000 FCFA