Six business owners have been shortlisted for the Elevator Pitch Competition organised by the Impact Africa Social Entrepreneurship Summit.
The winners shall be made known on 30 September.
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The organisers, in a statement, said the Impact Africa Social Entrepreneurship Summit is a partnership by the British Council and Ashoka to accelerate innovative solutions to Africa’s most pressing challenges by inspiring, supporting and connecting leading social entrepreneurs and key ecosystem players across countries, organisations and sectors such as policy, social investment, business and media.
The competition, which was open to submissions over a six-month period, received over 190 applications.
“Open to budding social entrepreneurs across the continent, the objective of the competition was to expose the participants to the rigour of pitching and winning funding by submitting a 5-minute video presentation to a panel of international venture capital scouts,” the statement read.
The winner receives a contribution to the development of their business pitch idea while the closing ceremony will also feature the final webinar in the series titled networking and communication.