2021 U.S. Mission to Cameroon Youth Entrepreneurship Symposium – Building the Next Generation of Entrepreneurs
Deadline: January 31, 2021.
The U.S. Embassy in Cameroonannounces an open competition for applications to carry out a program to enhance the capacity of Cameroonian youth in starting and/or developing a business. The program will consist of three regional workshops in three different regional capital cities of Cameroon.
The aim of this project is to assist new entrepreneurs seeking to expand and grow their businesses and activities. Proposals must demonstrate knowledge of Cameroon’s entrepreneurial ecosystem and propose training modules with the goal of moving seed stage entrepreneurs to the intermediate and expansion stage. As a result of the training, participants should have measurable increases in sales, employment and capitalization of their start-up enterprises, increased access to capital, and/or marketing planning. Proposals should include follow-up activities after the training to assist participants in applying knowledge acquired to produce results in scaling up and expanding participants’ existing start-ups, and to measure impact of the program.
A. Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
B. Public and State controlled institutions of higher education
D. Private institutions of higher education
E. The target audience is Cameroonian entrepreneurs, ages 20-35, with clear and well-defined business ideas in the “seed stage” or “early stage startup” categories of business development.
A. Proposal budgets should include costs for participants’ travel from their residence to the project location, accommodation (as necessary), as well as all necessary working materials and resources.
B. Budgets may also include honorarium for speakers and administrative expenses for the applicant.
C. Award is between $15,000-$20,000