Mastercard Foundation Fellowship in Africa

Those who want to apply for the Mastercard Foundation Fellowship 2023–2024 in South Africa are encouraged to do so. The Jim Leech Mastercard Foundation Fellowship on Entrepreneurship 2023 is open to all students from South Africa. This Mastercard Fellowship Program is for African students and recent graduates who want to solve important problems and make their business ideas come to life.

The Jim Leach MasterCard Foundation Fellowship on Entrepreneurship gives African students and recent graduates access to training, resources, financial support, and a network of mentors to help them learn how to be entrepreneurs and start their own businesses. The 8-month program teaches leaders how to be great at business and how to think in a way that makes a positive social and financial impact.

Mastercard Foundation Fellowship 2023-24 Details

  • University: Queen’s University
  • Degree level: Fellowship
  • Scholarship coverage: Fully Funded
  • Eligibility nationality: Africans
  • Award country: South Africa
  • Deadline: 4 December 2022.

Financial Benefits

Below are the financial benefits attached to this scholarship.

  • Up to 60 candidates will each get a $500 CAD stipend if they make it to the final round.
  • At the end of the program, there will be a pitch competition with prizes worth up to $15,000 CAD.
  • Opportunities to the Dunin-Deshpande Queen’s Innovation Center to make connections that will help your business plan move forward.

Best In-class Training

  • Business Bootcamps are taught by Queen’s University professors and business leaders with decades of C-Suite and business experience between them.
  • The Massachusetts Institute of Technology handles the Disciplined Entrepreneurship Framework, which is a step-by-step plan for growing a business.
  • Coaching and skills for the pitch
  • During the program, there are live workshops on marketing, setting goals, and recruiting.
  • A chance to get a micro-certificate from Queen’s University if you finish some courses.

Mentorship and Networking

  • Connect with educators and speakers who are leading the way in North America in terms of innovation and entrepreneurship.
  • Access a global network of business alumni of Queen’s University.
  • Join a group of thousands of students and recent graduates with the same goals from all over Africa.
  • In the last part of the program, fellows meet with business owners and leaders in their field.

Eligibility Criteria

  • The Mastercard Foundation Fellowship is open to students and recent graduates from Africa.
  • All academic fields from any post-secondary school in Africa. We can help you whether you already have a business or want to start a new one.
  • We’re looking for people who want to learn how to think like an entrepreneur and use the resources we give them to help their organization grow. The program is hands-on and can be done at your own pace, but most people who are serious about it will work at least 10 hours a week. Participants will have to turn in their assignments online by strict deadlines in order to move forward in the program.
  • The content of the program is given in English. Help can be given in both English and French. Both assignments and pitches have to be done in English. Those who don’t speak or write English but want to be fellows are still encouraged to apply, and they will be paired with someone who can meet all the program requirements in English. Prospective fellows can work with their local university to come up with a plan to make sure they can use university resources to help them meet the language skills challenge.

Application Deadline:

December 4, 2022 is the last day to apply for a Mastercard Foundation Fellowship for 2023–2024 in Africa.

How to Apply for the Mastercard Fellowship 2023–2024?

To apply for a Mastercard Foundation Fellowship for 2023–24 in Africa, you can use the Online Application System. Those who want to apply must fill out the online application form and attach the necessary documents required. Below is a link to the online application and the official site page.

Apply Here – https://queensu.qualtrics.com/jfe/form/SV_72LgY5P4RrWRvsq

Official Page – https://www.queensu.ca/innovationcentre/launch/jim-leech-mastercard-foundation-fellowship-entrepreneurship