Funding opportunity at Independent Continental Youth Advisory Council on AfCFTA (ICOYACA)
Business Funding Opportunity: ICOYACA Youth Microgrants
Organisation: Independent Continental Youth Advisory Council on AfCFTA (ICOYACA)
Grant Amount: US$500 per selected business
Total Awards: 5 Microgrants
Target Audience: Young Entrepreneurs (Aged 18–35)
Application Deadline: November 6, 2026, before 11:59 PM
Overview
In celebration of Africa Youth Month and ICOYACA’s 5th Anniversary, the Independent Continental Youth Advisory Council on AfCFTA is offering five microgrants of US$500 each to empower and accelerate youth-owned enterprise growth across the continent.
This initiative is designed to provide young founders with essential direct capital to scale operations, increase business impact, and drive sustainable economic growth.
Eligibility Criteria
To be eligible for consideration, applicants must meet the following criteria:
Age: Between 18 and 35 years old.
Ownership: Majority owner of a legally registered business.
Financial Account: Possess an active business bank account or registered mobile money account.
Strategic Plan: Ability to articulate a clear strategy on how the funding will drive business development and growth.
Application Requirements
Applicants must submit their applications through the official ICOYACA application portal. The application must outline:
Business Profile: Description of the business, including core products or services offered.
Fund Utilization: A detailed breakdown of how the US$500 microgrant will be allocated.
Growth Strategy: Clear explanation of how this funding will support immediate and long-term business expansion.
Impact Assessment: The expected measurable outcomes and overall impact of the grant on business operations.
Key Grant Condition & Award Details
Funding: 5 successful youth entrepreneurs will each receive US$500.
Mandatory Requirement: Selected grant recipients must attend ICOYACA’s 5th Anniversary Webinar live to formally accept and receive their grant award.
How to Apply
Visit the official ICOYACA Application Portal.
Register for a new account or log in to an existing profile.
Complete the online application form and submit all required business details prior to the deadline.
Deadline for Submission: November 6, 2026 | 11:59 PM
