Are you a dynamic entrepreneur looking to make a meaningful impact? Apply for the IGNITE Challenge before 23 June 2024.
Impact Hub Kigali, in collaboration with the World Food Programme (WFP), invites applicants for the third edition of the IGNITE Challenge. This initiative focuses on empowering refugees and enhancing their livelihoods by fostering entrepreneurship and investment in ventures that improve food systems, combat hunger, and elevate food security, particularly for refugee populations.
Success will receive the following benefits:
- Up to $25,000 in grant funding
- 5-month tailored technical support with experts
- Networking opportunities and access to events
- Access to market and industry resources
- Exposure to potential investors and funding opportunities
The Challenges target innovative and impactful businesses operating in Rwanda, including startups, MSMEs, and cooperatives. Applicants should have commercially viable solutions aimed at improving the livelihoods of refugees. Eligible businesses must be registered in Rwanda and actively engaged in operations owned by refugees or significantly benefit them.
The evaluation process for the IGNITE Challenge Third Edition will be based on the following criteria:
- Level of innovation: Assessing how the solution innovatively improves the livelihoods of refugees.
- Impact on refugees: Gauging the positive effect on the lives or circumstances of refugees.
- Financial sustainability: Determining the business model’s ability to generate revenue and maintain long-term viability.
- Level of traction: Evaluating the current traction of the business, demonstrated impact, and user engagement within refugee communities.
- Scalability: Examining the potential for the solution to grow and serve more refugees or communities.
- Team: Assessing the team’s experience and commitment to scaling the solution.
For more information about the program and application details, visit IGNITE Challenge.