Milken-Motsepe Prize offers $2m for African circular economy solutions
The Milken-Motsepe Prize has opened applications for African companies transforming the circular economy, with a total prize pool of $2 million. The deadline for applications is August 13.
Applications are now open for the Milken-Motsepe Prize, an initiative offering $2 million in prizes to African companies focused on advancing the circular economy. The program seeks to support businesses that are revolutionizing resource management and sustainability across the continent.
The total prize money includes a $1 million Grand Prize. Beyond financial awards, selected companies will gain access to exclusive networking opportunities and the chance to pitch their ventures to key industry leaders and decision-makers, aiming to foster growth and market access.
The application window closes on August 13. The prize is designed to encourage the development and scaling of technologies and business models that promote reuse, recycling, and waste reduction, aligning with global sustainability goals.
This initiative aims to stimulate economic development in Africa by supporting innovative solutions that address environmental challenges and promote a more resource-efficient future for the region. Selected participants are expected to demonstrate a clear path toward significant impact.