Funding Opportunities

Mastercard Foundation Fund for Alumni Start-ups in Transition (FAST) Program (up to $15,000)

    Mastercard Foundation FAST program
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    The Mastercard Foundation, in partnership with CCHub Nigeria, MDF Global, Concree, Scale up, Savannah Innovations Lab, the Center for Enterprising Organizations, Inkomoko, and the Africa Leadership Academy (ALA), is excited to announce the second application drive for the Mastercard Foundation Fund for Alumni Start-ups in Transition (FAST) program.

    This Program will support and empower the next generation of entrepreneurs by providing up to $15,000 in support for each venture.

    Participants will gain access to funding, business development training, and a supportive network of like-minded entrepreneurs and mentors.

    Mastercard Foundation FAST Program Benefits

    The Mastercard Foundation FAST program will provide support in two key stages to assist entrepreneurs at different points in their journey:

    • Idea Phase: Up to $5,000 to help develop and refine initial ideas.
    • Build Phase: $10,000 to $15,000 to transform the ideas into viable business models.

    Eligibility Criteria

    • The program, open to aspiring entrepreneurs or those in the early stages of their entrepreneurship journey, offers a unique opportunity for alumni from the Young African Leaders Initiative (YALI), African Leadership Academy (ALA), Anzisha Prize, and the Mastercard Foundation Scholars Program.

    How To Apply for Mastercard Foundation FAST Program

    Click Here to Apply

    Click Here for more details

    Application Deadline: 27th April 2025

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      Johnpaul Mbanefo

      The author Johnpaul Mbanefo

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      Mr. Johnpaul Mbanefo is a dynamic professional specializing in project management, business analysis, business plan and proposal writing, agribusiness consulting, grant writing, and pitch deck expertise, driving success through strategic planning and effective communication.


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