Investing in Africa's Next generation of youth-led enterprises
Since 2014, USADF has directly supported over 100 youth entrepreneurs in 30 countries, providing them with over $3 million of grant funding to launch and expand their businesses across Africa. These businessmen and women are working across sectors, from health and education, to IT and agribusiness to sell goods and services, create jobs, train youth, and increase incomes. As winners of our business plan competitions, they are eligible for Youth Entrepreneurship Grants of $10K to $25K each.
Selected from nearly 50,000 applications in 2014 and nearly 30,000 in 2015, the Mandela Washington Fellows represent the extraordinary promise of an emerging generation of entrepreneurs, activists, and public officials. USADF has awarded $1.9M in grant funding to 75 entrepreneurs selected from the 2014 and 2015 classes of Mandela Washington Fellows, a program to train, encourage, and connect exceptional young African leaders in the public, private and not-for-profit sectors. The winners of USADF’s business plan competitions are each putting their grants of up to $25K to use in their social and business ventures -- by creating jobs, increasing incomes, and tackling challenges in their communities and countries.
Meet some of our 2015 YALI Entrepreneurs: