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‎ECOWAS to offer $65,000 in Cash Prizes to African Startups — How to apply

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The Economic Community of West African States has opened applications for the second edition of its Startup Awards, offering cash prizes totaling $65,000 to startups from across the region, including Nigeria.

‎‎ECOWAS Commission announced the award on its X handle on Monday, saying it aims to identify, celebrate and scale innovative startups while advancing digital entrepreneurship, innovation and economic integration in West Africa.

‎‎The second edition follows the inaugural event held in Niamey, Niger, in November 2021.

‎‎Applications opened on August 3 2026 and close on August 31 2026.

‎‎Selected startups will participate in virtual masterclasses from September 21–25, 2026, followed by a physical event in Abuja from September 28–30, culminating in the regional finals on September 30.

‎‎The programme targets 60 startups from the 12 ECOWAS member states across six sectors: EdTech and Skills Development; FinTech; HealthTech; AgriTech and Food Systems; CleanTech, Climate and Green Innovation; and Tourism, Hospitality and TravelTech.

‎‎Prizes and benefits

‎Winners will receive 20,000 for the first runner-up and $15,000 for the second runner-up.

‎Additional benefits include regional visibility across member states, access to investors through deal rooms, networking with founders, policymakers and development partners, a six-month post-award acceleration and mentorship programme, and digital tools such as computers, accessories and software.

‎‎Eligibility for Applicants

‎To qualify, applicants must have Minimum Viable Startups‎‎ from the 12 ECOWAS member states across six sectors: EdTech and Skills Development; FinTech; HealthTech; AgriTech and Food Systems; CleanTech, Climate and Green Innovation; and Tourism, Hospitality and TravelTech.

‎‎How to apply

‎Interested Applicants should visit the official application portal using the Link provided 👉 Here

‎Create an account by providing full name, email address, telephone number (optional but recommended) and a password of at least 10 characters.

‎‎Once registered, applicants can log in to the dashboard and start a new application.

‎‎The form covers Sections A through J and can be saved as a draft at any point.

‎‎Selection process

‎Selection occurs in two phases. In the national selection phase, each member state nominates half of its allocated slots while the remaining half comes from open public applications.

‎‎Finalists then proceed to the regional finals in Abuja, where they pitch before an independent jury of industry experts, investors and policy stakeholders.

‎‎Applications are scored on criteria including problem clarity and solution fit (20%), innovation and originality (20%), team capacity and execution ability (15%), market potential and scalability (10%), business model and financial viability (10%), social and economic impact (10%), alignment with ECOWAS priorities (10%), and pitch/online voting/data integrity (5%).