Winners of the JA Alumni Accelerator Award receive one of two cash prizes: US$12,500 or $7,500, plus mentorship from JA alumni entrepreneurs, bringing the alumni journey full circle!
JA alumni with great business ideas can apply for the awards as an individual or with potential business partners. At least one of the future co-founders must be a JA alum.
As you scroll down, you’ll see the application form. There, you’ll do the following:
Identify your goal.
Explain what you do.
Communicate your unique selling point.
Sum it up in one sentence.
A budget overview, including cost, potential funding, partners, etc. (link to budget template)
How funds will be used, including an outline for how it supports company advancement to incubation or launch. Check out a sample budget worksheet.
The product niche of your service/product. What need does it fill?
A detailed explanation of your service/product.
Your team. If you have one in place, please describe it. If not, predict how many people you would need and when you will hire them
How many jobs do you anticipate creating and what impact will your business have on your community.
Which JA program you participated in
Which product/service you created while in JA
Any trade fairs and/or competitions you participated in and any awards you may have won
Your involvement in alumni activities in your country or region
Why you want to start your own company and whether your participation in a JA program influenced you
How you as entrepreneur will make an impact on and improve the world (be specific)
Check out the full scoring rubric for details on how each piece will be judged!
Entries for the JA Alumni Accelerator Award, sponsored by FedEx, are accepted from September 1, 2019, through November 30, 2019.