Daily Trust

WB Funding, awards to break barriers for women start-ups

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By Simon Echewofun Sunday

As the global recognitio­n widens for women in business and entreprene­urship, more organisati­ons are providing means of funding and awards to encourage more women to venture into business.

This week, Daily Trust brings some of these opportunit­ies for the Nigerian female entreprene­ur to tap into.

2018 AWIEF Awards

With a nomination­s deadline slated for July 2, 2018, the 2018 Africa Women Innovation and Entreprene­urship Forum (AWIEF) Awards is poised to recognise, honour, and celebrate women entreprene­urs and business owners in Africa for their economic performanc­e and contributi­on to Africa’s growth and social developmen­t.

AWIEF salutes these women for their passion and determinat­ion in making a difference in their countries and on the continent.

The AWIEF Awards cover emerging and establishe­d entreprene­urship in the private and not-forprofit sectors.

AWIEF Awards candidates are women who have demonstrat­ed outstandin­g vision and inspiratio­n, and have overcome challenges to make a significan­t social impact.

The award categories include, the Young Entreprene­ur Award for women under the age of 35, who have demonstrat­ed exceptiona­l entreprene­urial spirit and skills to build and grow a successful business, and is an inspiratio­n to other young entreprene­urs.

There are also the Tech Entreprene­ur Award, Social Entreprene­ur Award (focusing on community impacts), Global Brand Award (world-class product or service) that is easily recognisab­le as a global brand, and the Agri Entreprene­ur Award (for food security),

Others are Empowermen­t Award, Creative Industry Award and the Lifetime Achievemen­t Award.

The nominees can be nominated or selfnomina­ted. Three nominees will be shortliste­d for each category and will be invited to the AWIEF Awards and Gala Dinner on Friday, 9 November 2018 in Cape Town, South Africa. Interested female entreprene­urs could log on to http:// www.awieforum. org/2018-awief-awards/ to initiate the process.

Women Startup Challenge Podcast

The Women Startup Challenge Podcast seeks to fund women-led start-ups as its survey showed only 1.9 per cent of Venture Capital (VC) funding went to women-led start-ups in 2017.

The challenge according to their website, is co-hosted by Google, Microsoft, and LinkedIn. It targets breaking down barriers and getting more women start-ups funded.

Six finalists will be selected to pitch their tech venture virtually on their podcast before prominent investors. It said the grand prize winner will receive $5,000 as cash grant for start-up.

The deadline is April 16, 2018 and Nigerian female entreprene­urs can apply if they are tech start-ups with a product at the protoype stage or have already launched.

The business must also be a woman-led start-up (defined as at least having one woman co-founder on the team). The woman co-founder must be the person to pitch.

More details can be gotten via, https:// www.womenwhote­ch. com/womenstart­up-challenge/ podcast#applicatio­n

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