$65,000 Up for Grabs as ECOWAS Revives Startup Awards
Michael Olugbode in Abuja The Economic Community of West African States (ECOWAS) has unveiled a $65,000 prize pool for the second edition of its Startup Awards, with about 60 entrepreneurs
The Economic Community of West African States (ECOWAS) has announced a $65,000 prize pool for its second Startup Awards competition, set to take place on September 28, 2026. The awards will crown 60 entrepreneurs, with $30,000 going to the winner, $20,000 to the first runner-up, and $15,000 to the second runner-up. The competition, which follows a five-year hiatus, aims to recognize innovative, scalable businesses that tackle economic and social challenges across West Africa.
Beyond the monetary prizes, all 60 shortlisted companies will participate in a masterclass to enhance their entrepreneurial and business management skills. The ECOWAS Commission received over 6,000 applications since the portal opened on August 3, with the finalists selected through a rigorous process involving appointed assessors.
The competition focuses on startups in fintech, agri-tech and food systems, ed-tech and skills development, cleantech and green innovation, tourism, hospitality, and travel technology. ECOWAS is committed to promoting inclusion, connecting startups with potential partners and investors, and building a stronger innovation ecosystem in the region.
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