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IYBA Business – Investing in Young Businesses in Africa

European Union / European Commission · International Organisation
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IYBA Business – Investing in Young Businesses in Africa — European Union / European Commission

Quick answer

Is it real?
GrantPilot lists this programme from European Union / European Commission. Always apply only on the official page.
Status
Open (no fixed deadline, or applications accepted on a rolling basis).
Who can apply
Young entrepreneurs, typically under 40 years old (see the full list below)
How to apply
Directly to European Union / European Commission on their official page (international-partnerships.ec.europa.eu). Applying is free: never pay anyone to apply or to "release" funds.

GrantPilot does not give out this funding; European Union / European Commission does. We help you find it, check it is real and get ready to apply.

About this opportunity

EU-backed grant programme offering finance, business training and mentorship to young entrepreneurs across 14 African countries including Nigeria. You need a viable business idea and willingness to engage with capacity-building—prior business experience is not required.

EU-funded €37.6 million programme (2026–2029) supporting young entrepreneurs in West Africa through business support services, capacity building, and improved access to finance, with emphasis on green and circular economy sectors.

Who can apply

  • Young entrepreneurs, typically under 40 years old
  • Based in one of the 14 eligible countries: Ghana, Niger, Burkina Faso, Mali, Madagascar, The Gambia, Nigeria, Côte d'Ivoire, Ethiopia, Democratic Republic of Congo, Chad, Rwanda, Burundi, or Republic of Congo
  • Have a viable business concept
  • Willing to engage with capacity-building programmes
  • Demonstrate entrepreneurial intent

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Full eligibility wording from the listing

Young entrepreneurs (typically under 40) in eligible West African countries. Must have viable business concept and willingness to engage with capacity-building programmes. Prior business experience not required but entrepreneurial intent essential.

Documents you will need

  • Business concept document or plan
  • Proof of age or date of birth
  • Identification document (national ID, passport or driver's licence)
  • Evidence of residency in an eligible country
  • Bank account details or proof of financial identity

Missing a business plan or CV? Write one for this funder · Build your CV

How to apply, step by step

  1. Visit the official IYBA website or your country's regional programme portal
  2. Create an account and complete the online application form with details of your business concept, background and goals
  3. Upload required documents and a brief description of how your business aligns with green or circular economy principles (if applicable)
  4. Submit your application before the deadline for your country's intake
  5. Wait for initial screening; shortlisted applicants are invited to pitch or attend an interview
  6. If selected, you will be offered a package of grants, technical assistance and access to finance
Save and track it and we will email you 14 days, 7 days, 3 days, 24 hours and on the morning of the deadline.

How applications are selected

Applications are screened against the viability of your business concept and your commitment to learning. The programme typically prioritises businesses with potential to create jobs and align with green or circular economy goals. Selected applicants receive tailored support: some get pre-seed grants and mentoring, others access seed or growth-stage finance depending on their stage. Support continues over 2–3 years through a mix of business training, one-on-one advice and introductions to investors.

What reviewers look for

  • Show that you have thought through your business model, even at the idea stage—you do not need a polished plan, but reviewers need to see you have tested your assumptions or spoken to potential customers
  • Be clear about the problem you are solving and why customers will pay for your solution
  • If your business touches green economy or circular economy (waste reduction, renewable energy, sustainable agriculture, recycling), highlight this explicitly—the programme prioritises these sectors
  • Demonstrate hunger to learn; mention any courses, mentoring or peer networks you have engaged with, or explain why you want them
  • Explain how your business will create jobs or economic opportunity in your community—funders want to see local impact, not just personal income

Frequently asked questions

Do I need to have started my business already?

No. The programme supports pre-seed (idea stage) businesses as well as early-stage ones. You do not need prior business experience, but you must show you have a real business idea and the determination to build it.

Is there a minimum or maximum amount I can receive?

The sources do not state specific grant amounts. The overall programme is €37.6 million for 2026–2029 across all 14 countries, and support is tailored to your stage—pre-seed businesses typically get smaller grants and mentoring, while early-stage businesses may access larger finance packages.

Are there application deadlines, or is it rolling?

The programme operates on a rolling basis, though your country's regional programme may have set intake windows. Check your country's specific portal for exact dates.

What happens after I get a grant?

You receive not just money but also business training, mentorship from experienced entrepreneurs or professionals, and help connecting with investors. Support typically lasts 2–3 years.

Does the funder expect a return or equity stake in my business?

The sources describe this as a grant programme with technical assistance, which usually means the money is not a loan you repay. However, the full terms for your country's regional programme may vary—confirm with your implementing partner.

Guide written from the official programme page on 15 November 2026. Funders change their rules, so confirm the details on the official page before you apply.

How GrantPilot can help you apply

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