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Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans

Heads up — this listing may be outdated. The dates and details below reference a year that has already passed and our editorial team has not re-verified this scholarship is still open. Always confirm the current intake on the sponsor's official website via the button below before you invest time in an application.

Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans - Fellowship, Post a Comment

Provider
Mastercard Foundation
Host country
Africa
Deadline
Annual – typically March
Region
Global

Eligibility & requirements at a glance

Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans is open to African students applying to study in Africa at the Fellowship level, with fully funded funding. Below is a quick summary of who can apply, what's covered, and the key dates — full details are further down the page.

Who can apply
Fellowship · applicants for Africa
Funding
Fully Funded
Study level
Fellowship
Deadline
Annual – typically March

Key eligibility criteria

  • African entrepreneurs aged 15–22 running their own ventures

What the fully funded award covers

  • Full tuition
  • Monthly stipend
  • Accommodation
  • Return airfare

About the Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans (2026)

The Anzisha Prize, funded by the MasterCard Foundation, is an entrepreneurial fellowship for Africans aged 15-22 years old. The opportunity best fits young African entrepreneurs trying to grow a business, so if you have what it takes, then apply now! **Application deadline:** November 30, 2021 ### Table of contents - [Benefits of the Anzisha Prize for Entrepreneurial Fellowship](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/#h-benefits-of-the-anzisha-prize-for-entrepreneurial-fellowship) - [Eligibility Criteria for Africans](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/#h-eligibility-criteria-for-africans) - [How to Apply for the Prize](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/#h-how-to-apply-for-the-prize) ## Benefits of the Anzisha Prize for Entrepreneurial Fellowship Over $140,000 is handed out annually in business support prize money for accepted African entrepreneurs within this scheme. The Anzisha Prize seeks to award young businesspeople who have developed and implemented innovative solutions to social challenges or started successful enterprises within their community. The Anzisha Prize is a venture-building fellowship program that has successfully supported and championed very young entrepreneurs for over 10 years. The fellowship is a three-year program that celebrates and rewards business growth. During the course of the three years, the program will track the performance of the business and the entrepreneur. Businesses that show exemplary growth and initiative are rewarded with benefits and services such as short courses, cloud services, and cash stipends. At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value $140 000. The **_Grand Prizes_** are split into 4 categories - The Job Creation Prize - Revenue Growth Prize - Storytelling Prize - Integrating Systems and Processes Prize At the end of the three-year fellowship, the fellows will graduate and join the Anzisha Prize alumni network. Furthermore, the application timeline is as follows: **20 October 2021** – Applications Open **31 November 2021** – Applications Close **January – March 2022** – Phone Interviews, Assignments, and Due Diligence visits **April 2022** – Announcement of Top 26 **August 2022** – Anzisha Prize Induction ## Eligibility Criteria for Africans Prior to applying, the following criteria must be met: 1. You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before April 16, 1996 or after April 16, 2003 will not be considered. 2. You must be a national of an African country with a business based in Africa for African customers/ beneficiaries. 3. Your business must be up and running. The Anzisha Prize is not for great ideas or business plans – you must have already started, and be able to prove it! You have time to get started now and have tangible results to share before applications open. 4. Your business, invention or social project can be in any field or industry (science and technology, civil society, arts and culture, sports, etc.). Any kind of venture is welcome to apply. 5. Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started a business together). One person can apply for the Prize, on behalf of the team. To be selected as one of the 12 Anzisha Fellows, your business or project will be judged on the following 5 criteria: - **Already Running Venture:** Is the venture established with customers and beneficiaries? Does the venture deliver value to said beneficiaries and customers? - **Founder-led:** Is the venture led and managed by the founder? - **Impact:** Has the venture demonstrated some impact already? - **Scalability:** If the venture is a for-profit business, does it already earn revenues and does it have potential increase revenues with the support of Anzisha? If the venture is a not-for-profit enterprise, does it already reach beneficiaries and does it have the potential to reach many more beneficiaries with support from Anzisha? - **Job Creation:** Has the venture created some jobs and has the potential to create more high quality jobs? Meanwhile, to be selected as one of our Anzisha Fellows, you must demonstrate the two following qualities: - **Venture leader:** Are you the leader of your venture and do you drive both venture strategy and operations? - **Commitment:** Do you spend at least 20 hours a week or more on your business and will you continue to do so after selection? ## How to Apply for the Prize In order to start your application process, please download the [Applications Guide](https://alacademy.formstack.com/forms/application_guideline_download) attached here and also visit the [official competition webpage](http://www.anzishaprize.org/apply/) for further information. * * * _brought to you by Scholarships for Africans_ [**Scholarships for Africans**](https://scholarshipsforafricans.com/) is a premier scholarship information blog committed to bringing more opportunities for Africans globally. They are part of the African Scholar Initiative, powered by Scholarship Hippo. Be a part of our growing community! **JOIN:** [Scholarships for Africans Facebook group](https://www.facebook.com/groups/ScholarshipsforAfricans) **LIKE:** [African Scholar Initiative Facebook page](https://www.facebook.com/AfricanScholarInitiative) **FOLLOW:** [Scholarships for Africans Instagram page](https://www.instagram.com/african_scholar/) ### Share this: - [Share on Facebook (Opens in new window)Facebook](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=facebook&nb=1) - [Share on X (Opens in new window)X](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=twitter&nb=1) - [Share on WhatsApp (Opens in new window)WhatsApp](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=jetpack-whatsapp&nb=1) - [Share on LinkedIn (Opens in new window)LinkedIn](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=linkedin&nb=1) - [Share on Telegram (Opens in new window)Telegram](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=telegram&nb=1) - [More](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/#) - [Print (Opens in new window)Print](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/#print?share=print&nb=1) - [Share on Reddit (Opens in new window)Reddit](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=reddit&nb=1) - [Share on Tumblr (Opens in new window)Tumblr](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=tumblr&nb=1) - [Share on Pinterest (Opens in new window)Pinterest](https://scholarshipsforafricans.com/anzisha-prize-mastercard-foundation-for-entrepreneurial-fellowship-for-africans/?share=pinterest&nb=1) ### Like this: LikeLoading… ### _Related_ [Western Union Foundation Fellowship for Young Entrepreneurs and Community Leaders in Ethiopia, Kenya, Uganda](https://scholarshipsforafricans.com/western-union-foundation-fellowship-for-young-entrepreneurs-and-community-leaders-in-ethiopia-kenya-uganda/ "Western Union Foundation Fellowship for Young Entrepreneurs and Community Leaders in Ethiopia, Kenya, Uganda") [Jack Ma Foundation Launches Africa Netpreneur Prize for Young African Entrepreneurs](https://scholarshipsforafricans.com/jack-ma-foundation-launches-africa-netpreneur-prize-for-young-african-entrepreneurs/ "Jack Ma Foundation Launches Africa Netpreneur Prize for Young African Entrepreneurs") [Ernst and Young – Entrepreneurial Winning Women Program for South African Female Entrepreneurs](https://scholarshipsforafricans.com/ernst-and-young-entrepreneurial-winning-women-program-for-south-african-female-entrepreneurs/ "Ernst and Young – Entrepreneurial Winning Women Program for South African Female Entrepreneurs") In[fellowships for africans](https://scholarshipsforafricans.com/tag/fellowships-for-africans/), [study in Africa](https://scholarshipsforafricans.com/tag/study-in-africa/) ## One thought on “Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans” 1. 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What the Fully Funded Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans covers

The award components below were extracted from the sponsor's published description. Always cross-check the exact figures, ceiling amounts and conditions on the official site before you budget around them.

  • Full tuition
  • Monthly stipend
  • Accommodation
  • Return airfare

Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans eligibility for Africa applicants

Always cross-check eligibility against the sponsor's official site before applying — sponsor rules can change between intakes.

  • African entrepreneurs aged 15–22 running their own ventures

Documents required for the Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans application

A planning baseline drawn from how 90%+ of African scholarship sponsors structure their checklist. The sponsor's portal is the source of truth for any single application.

  • Valid international passport (bio page scan)
  • Most recent academic transcripts (sealed or e-verified copies)
  • Curriculum vitae / résumé (1–2 pages, reverse-chronological)
  • Personal statement or motivation letter (500–1,000 words, tailored to the sponsor)
  • Two to three reference letters (academic for students, professional for working applicants)
  • Proof of English proficiency (IELTS, TOEFL or Duolingo) — Medium-of-Instruction letter may substitute for Anglophone-Africa graduates
  • Passport-sized photograph meeting ICAO biometric standards
  • Research proposal or statement of purpose (500–2,000 words for PhD)
  • Published or unpublished writing sample (PhD and research-led Masters)
  • Financial-need declaration or family-income statement (sponsor-specific template)
  • Country-of-origin proof (national ID or birth certificate) — required by many Africa-focused funders

How to apply for the Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans 2026

A practical, sponsor-agnostic sequence used by >95% of international scholarship applicants. Adapt to the sponsor's specific portal — the order rarely changes.

  1. 1
    Confirm eligibility on the official site

    Open https://alacademy.formstack.com/forms/application_guideline_download and verify the sponsor's stated criteria match your profile — currently: "African entrepreneurs aged 15–22 running their own ventures". Sponsor rules change between intakes, so always confirm against the live call.

  2. 2
    Secure a study place or admission offer

    Identify a supervisor whose research aligns with yours, exchange emails, and either obtain a conditional offer or confirmation that they will host your project. Many Mastercard Foundation awards require this before the funding application opens.

  3. 3
    Sit required tests and gather documents

    Register for IELTS / TOEFL / Duolingo (or SAT / GRE where required), request official transcripts, brief two or three referees, and prepare passport and identity documents at high resolution.

  4. 4
    Draft your essays and statements

    Write a focused 1,000–2,000-word research proposal and a separate personal statement. Tailor every paragraph to the sponsor's stated priorities — generic recycled essays are the most common reason strong applicants are rejected.

  5. 5
    Complete the online application

    Create an account on https://alacademy.formstack.com/forms/application_guideline_download, fill in every field, and upload the required documents in the formats specified (PDF, max file size, single-file vs multi-file). Save progress frequently — most portals time out after 30–60 minutes.

  6. 6
    Submit by Annual – typically March (aim 7 days early)

    Sponsor portals routinely slow or fail in the final 24 hours. Submit early, download the confirmation receipt, and screenshot the submission timestamp. Late submissions are not accepted under any circumstances.

  7. 7
    Prepare for shortlist interviews

    If shortlisted, Mastercard Foundation will contact you within 4–12 weeks. Re-read your essays, rehearse 3–5 likely questions out loud, and confirm your time zone for any video interview.

Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans deadline & application timeline

The sponsor has not published a fixed deadline yet. Use the milestones below as a generic 12-month plan; substitute dates once the intake window opens.

  1. 12 months out

    Register for tests (IELTS/TOEFL/SAT/GRE), shortlist 3–5 universities, identify referees.

  2. 6 months out

    Sit your tests, draft a personal statement, request transcripts and confirm reference letters.

  3. 3 months out

    Finalise essays, upload supporting documents, complete the online application portal.

  4. 1 month out

    Final review, double-check uploaded files, submit a week before the deadline to avoid portal issues.

  5. Application deadline

    Submit by 23:59 in the sponsor's stated time zone — usually local to the sponsor, not your country.

Ready to apply?

Cross-check the latest eligibility rules and deadline on the sponsor's official portal before you start your application.

Visit official site

Frequently asked questions

Who can apply for the Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans?+

Applicants must be eligible African nationals applying at the Fellowship level, meet the academic and English-language requirements set by Mastercard Foundation, and be able to relocate to Africa for the duration of the programme.

Is the Anzisha Prize – MasterCard Foundation for Entrepreneurial Fellowship for Africans fully funded?+

Funding model: Fully Funded. Where listed as fully funded, the award typically covers tuition, monthly stipend, health insurance and round-trip airfare. Always confirm the latest funding breakdown on the sponsor's official page.

When is the application deadline?+

The application deadline is Annual – typically March. Submit at least one week early — sponsor portals frequently slow or fail in the final 24 hours, and late submissions are not accepted under any circumstances.

What documents do I need to apply?+

At minimum: passport bio page, academic transcripts, CV, personal statement, two to three references, and an English-language test score (IELTS, TOEFL or Duolingo). Research-led Masters and PhD applications also require a research proposal and a writing sample.

How can I improve my chance of winning?+

Apply early, tailor every essay to the specific sponsor (do not recycle a generic statement), secure at least one reference who knows your work in detail, and apply to two or three additional scholarships in parallel — never rely on a single application.

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