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Milken-Motsepe Prize in Circular Economy

Milken Institute and Motsepe Foundation

About this opportunity

US$2 million prize competition for African businesses transforming waste into value through circular economy practices.

The Milken-Motsepe Prize in Circular Economy supports scalable African companies using technology to advance circular economy practices across industries such as agriculture, plastics, electronics, textiles, and construction.

What it offers

  • Total prize pool of $2 million, including a $1 million Grand Prize and a $250,000 runner-up prize.
  • Semifinalists receive $50,000 each.
  • Access to exclusive networking and opportunities to pitch to industry leaders.

Who can apply

  • Companies operating for over 2 years.
  • Companies with over $500k in revenue and raised capital.
  • Companies with institutional, corporate, or public-sector partnerships.
  • Companies with solutions currently deployed on the African continent.
  • Companies demonstrating social impact, job creation, and operational readiness to deploy $1M+ in funding.

What you'll do

  • Submit designs and business models.
  • Advance as a semifinalist and pitch innovations to industry leaders.
  • Finalists submit additional materials for the grand prize.

How to apply

  • Sign in and apply via the Prize Portal.
  • Submit category-specific metrics from industries such as agriculture, plastics, electronics, textiles, and construction.
This summary is AI-generated from the official posting. Always verify every detail on the official site before applying.

Key details

TypeAward
LocationPan-African
Fieldcircular economy
Funding2000000 USD
DeadlineDeadline not stated — check the official page
EligibilityAfrica
Open to applicants across Africa.

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Source : milkenmotsepeprize.org · Always verify details on the official site.