Venture

COMPETITION

The 22nd Wharton Africa Business Forum will discuss Africa’s onward growth model for the coming decades, and explore, in detail, the different paths Africa could take towards pioneering its own development. At the forefront of this development is the African entrepreneur and the ideas, innovations, and enterprises that will drive Africa’s growth initiative through this century. Our goal is to match promising early-stage African entrepreneurs to a powerful network of investors, mentors, and coaches to accelerate their development into a regional powerhouses.

Together with ALN Ventures, the African Student Association at the Wharton School is pleased to announce its inaugural ALN Ventures Program Competition at this year’s conference.

A select group of finalists will be selected to pitch to an experienced panel of judges and the audience on the day of the conference, with winners selected at the end of the venture finals. We have received several applications to date and are looking forward to many more. So if you believe your venture has what it takes, register by October 29th at 11:59 PM EST to be considered for the competition.

SUBMIT YOUR BUSINESS PLAN BY CLICKING button-register (Deadline: October 29th at 11:59 PM EST)

ELIGIBILITY CRITERIA

• Business in operation for < 2 years • At least one full-time founder/team • Received < $250k in financing (particularly equity financing) • Strong emphasis on demonstrated ambition and ability (of business model) to scale to be a pan-African or regional powerhouse. Businesses is selected typically can and want to be multi-million dollar businesses in the coming 5 years.

FINALIST BENEFITS

• Fast-track for consideration to be on the Class of 2015 of ALN Ventures (if current students and can only get on it full time in the following year, ALN can also consider fast tracking you in a year – for the class of 2016)
• A guaranteed one-on-one business consultation with the ALN Ventures team
• Invitations to numerous ALN Ventures events between Jan ’15 – Mar ’15 and in the preceding months
• As a partner offering, Demeter Card benefits including discounted service offerings – ranging from legal and financial services to web hosting and international travel.
• Training provided by the vendors of the services above
• AND MORE …


logo-venture-aln

WHAT IS ALN?

Founded in 2010 by Acha Leke (Director McKinsey & Co.) and Fred Swaniker (Founder African Leadership Academy)

The African Leadership Network (ALN) comprises over 1,000 of the most dynamic and influential emerging leaders in Africa.

Our mission is to engage the collective influence of these leaders to drive prosperity in Africa

WHO IS ALN? – NETWORK SNAPSHOT

Kgosi Leruo Molotiegi
King of the Royal Bafokeng Nationa, which controls $10 Billion in platinum assets in South Africa.

James Mwangi
CEO of Equity Bank, the largest bank in East Africa

Marion Chigwende
Head of Carlyle Africa, a $700 million private equity fund.

Ashish Thakkar
Serial Entrepreneur. Founder and Managing Director of Mara Group

MEET THE JUDGES

Chude Jideonwo, Managing Partner, Red Media Africa
Chi Achebe, Program Manager Anzisha Prize, African Leadership Academy

Please direct any questions to wabf-info@wharton.upenn.edu.

The ALN Ventures program description including the program details can be found here (more detailed FAQs on ALN website at alnventures.com/faq)