New Venture Competition

07
Days
25
Hours
24
Mins
Application Closed
October 15  2024
The New Venture Competition (NVC), a conference highlight, is a pitch competition for early-stage ventures, designed to showcase a new generation of innovators.
Participants will get a chance to win up to $30,000 in non-equity financing and network with top founders and investors from across Africa. Top finalists will pitch their startups to a panel of esteemed judges at the conference.
Apply now

What we are looking for

To win the New Venture Competition, participants must demonstrate innovation, execution, and the potential for significant impact in Africa. We are looking for ventures that can solve critical challenges while showcasing a strong ability to scale and deliver sustainable results.
How to apply

4 important considerahetions

01
Catalyst for Change
Inspiring innovative solutions for Africa's socio-economic challenges.
02
Bridge to Global Opportunities
Connecting Africa with global investors and policymakers.
03
Empowering Future Leaders
Equipping young professionals with networks and leadership insights
04
Focus on Sustainable Growth
Promoting strategies for climate, infrastructure, and technology advancement.

This years competition

Engage with global leaders, innovators, and entrepreneurs who are shaping Africa's future. Our speakers will inspire, challenge, and provide insights into the opportunities and challenges facing Africa today.
Top 10 Finalists
SwiftXR
Prize |  $10,000
Allows e-commerce businesses grow their sales, reduce returns and increase customer engagement by adding 3D/AR/VR content to their platforms
Visit site
1st place | $15,000
Reme-D
Prize |  $10,000
Reme-D is a deep-tech startup that is revolutionizing healthcare in Africa by developing affordable diseases testing technologies that are traditionally not available in the region or are prohibitively expensive.
Visit site
Top 10 Finalists
Lipaworld
Prize |  $10,000
Lipaworld revolutionizes the way you remit back to Africa. With digital vouchers, you can effortlessly support your loved ones. Digital vouchers are sent via SMS text or via WhatsApp and redeemed by the receiver at the point of sale or online.
Visit site
Top 10 Finalists
Jahazii
Prize |  $10,000
Jahazii's mission is to bridge the 330Bn USD SME funding gap on the African continent by building lending infrastructure to help lenders issue loans and deploy their capital to small businesses faster.
Visit site
Top 10 Finalists
Catlog
Prize |  $10,000
A commerce platform for SMEs on social media
Visit site
3rd place | $2,500
Dinesurf
Prize |  $10,000
A platform that allows users to search, discover and make restaurant reservations in various African Cities. A data-driven restaurant management dashboard that helps restaurateurs turn guests to regulars, run smoother shifts and fill tables.
Visit site
2nd place |  $10,000
ECOACT TANZANIA
Prize |  $10,000
A social enterprise that transforms ocean plastic waste in to plastic timbers used for building, construction and furniture making
Visit site
Top 10 Finalists
Edanra
Prize |  $10,000
Empowering Africa with credit through rent payments
Visit site
Top 10 Finalists
Gigbanc
Prize |  $10,000
A neobank for freelancers and creators
Visit site
Wharton Harambeans Prize | $2,500
Guideli, Inc
Prize |  $10,000
Provides personalized resources to navigate relocation and settlement in new countries
Visit site

How to apply

Engage with innovative leaders and entrepreneurs shaping Africa's future. By applying to the New Venture Competition, you'll join a network of thinkers and disruptors, gaining insights into the opportunities and challenges facing Africa today.
Apply now

The process

Aug 15
Application is open
Enter the NVC with your early-stage venture. Showcase your idea and grab a chance to secure up to $30,000 in non-equity financing.
Oct 15
Application deadline
In the second stage of WABF NVC, the application door closes and we begin the selection process of finalists.
Nov 15
Pitch at WABF
Finalists get to pitch their startup to esteemed judges, vying for recognition and support to turn their innovation into a reality.
Nov 16
Winners announced
In the final stage of WABF NVC, the winners are revealed and awarded their well-deserved prizes.