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Funding of $15,000 : Apply for The Mastercard Foundation Fund for Alumni Start-ups in Transition (FAST) Program

The Mastercard Foundation, in collaboration with CCHub Nigeria, MDF Global, Concree, Scale Up, Savannah Innovations Lab, the Center for Enterprising Organizations, Inkomoko, and the African Leadership Academy (ALA), is pleased to launch the second round of applications for the Fund for Alumni Start-ups in Transition (FAST) program.

This initiative is designed to empower emerging entrepreneurs by offering financial support of up to $15,000 per venture.

The program is open to individuals in the early stages of their entrepreneurial journey, specifically alumni from the Young African Leaders Initiative (YALI), African Leadership Academy (ALA), Anzisha Prize, and the Mastercard Foundation Scholars Program.

Participants will benefit from funding, business development training, and access to a dynamic network of fellow entrepreneurs and experienced mentors.

The application deadline is not specified.

Additional Information

Host Institution
Mastercard Foundation, in collaboration with CCHub Nigeria, MDF Global, Concree, Scale Up, Savannah Innovations Lab, the Center for Enterprising Organizations, Inkomoko, and the African Leadership Academy (ALA)
Program Type
Fully Funded
Program Benefits
Funding Support Across Two Stages:

Idea Phase: Up to $5,000 to develop and refine initial concepts.

Build Phase: Between $10,000 and $15,000 to transition ideas into sustainable business models.
Eligible Countries
Africa

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