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DMM.com PresentsAFRICA BUSINESS IDEA CUP
DMM.AFRICA BUSINESS IDEA CUP is a business idea competition which will be held among five key countries in East and Southern Africa. The event is organized by Trickster Ltd., a Japanese company based in Tanzania.
WHAT is “DMM.AFRICA BUSINESS IDEA CUP”
The countries involved are :
Tanzania Kenya Rwanda Zambia ZimbabweThere are many young entrepreneurs eager to innovate their country through business. However, there are few opportunities and a very low chance for them to succeed.
This cup gives young people a chance to make their Dream come True!!!
WHAT is “DMM.AFRICA BUSINESS IDEA CUP”
♔Dig up hidden entrepreneurs
♔Support them
♔Help them realize their dream
WHAT IS THE CONCEPT?
BASIC INFORMATIONName DMM.Africa Business Idea Cup
Host Trickster ltd. (Tanzania)
Main Sponsor DMM.com (Japan)
Period April - September ( 2016 )
Target countries Tanzania / Kenya / Rwanda / Zimbabwe / Zambia
This competition is hosted by an Advertisement and Promotion agency based in Dar es Salaam
Trickster Ltd targets the East African market. The Japanese presence is still low compared to other Asian, European, East Asian countries. The vision of Trickster is to be a “big bridge” between the African continent and Japan, culturally and economically. Trickster believes this “bridge” will make a better future in both Africa and Japan.
RWANDA ZAMBIAKENYATANZANIA ZIMBABWE
❶Online application and submission
❷Presentation in each of the 5 countries,Selection of finalists
❸Final Round in TANZANIA,and selection of the winner
❹ The winner gets plane tickets toJapan and prize money
COMPETITION OUTLINE
16 Jul Third/Final Round to be held in TanzaniaAnnouncement of The Overall Winner
BUSINESS CUP SCHEDULE01 Apr Application open30 Apr Application deadline
12 May Start of Second Round Mentorship Program
15-20 May Mentorship Program in KENYA21 May Announcement of Second
Round Winner for KENYA
Early Sep Winner goes to JAPAN
09 May Announcement of First Round results
22-27 May Mentorship Program in RWANDA
28 May Announcement of Second Round Winner for RWANDA
05-10 Jun Mentorship Program in ZIMBABWE
11 Jun Announcement of Winner
29 May- 03 Jun Mentorship Program in ZAMBIA
04 Jun Announcement of Second Round Winner for ZAMBIA
12-17 Jun Mentorship Program in TANZANIA
18 Jun Announcement of Winner
• Promotion will be done online through social networks.
• Online application and submission of business ideas.
• After the first selection, applicants will be put into a mentoring program to brush up the business plan they have submitted in preparation for the second round presentation.
FIRST ROUND
• The second round is based on a short presentation.
• Presentations will be done in each of the 5 countries.
• A panel of judges will decide the finalist for each country
• ⇒The finalist will be invited to proceed to the final stage in Tanzania.
SECOND ROUND
• Final round is based on presentation.
• The winner will be selected from the finalists from each country.
⇒The winner will win a free trip to Japan and 5000 USD of prize money offered by the sponsor.
FINAL ROUND