BMCE launched 2nd edition of the African Entrepreneurship Award (AEA), for supporting innovative entrepreneurs in Africa.
AEA, initiated by its BMCE’s President Othman Benjelloun in November 2014, shows the bank’s ambition to foster entrepreneurship in Africa by rewarding talents and technology beyond borders.
The initiative aims to support entrepreneurs from Africa or of African origins and spur them to surpass themselves, seeing their ideas hold the promise of a better world. AEA receives funding allocation amounting to $1m every year to reward the best African entrepreneurs in three categories: Education, environment and untapped domains in Africa.
This 2nd edition is complementary to the first’s success, which gathered more than 5,000 registrations and over 3,000 applications from 54 countries.
This step, which will allow gathering the most useful ideas for the region, will be followed by two more steps: Successful applicants will be asked to sell their projects with attractive presentations, prior to the final selection, which praises the most innovative and sustainable projects.
