April 12, 2026

APPLY NOW: $2M Milken-Motsepe AI Prize for African Manufacturers Opens

African manufacturing companies leveraging AI and emerging tech to transform production are invited to apply for the prestigious Milken-Motsepe Prize in AI and Manufacturing—a global competition with a total prize pool of $2 million, including a $1 million Grand Prize.

Organized by the Milken Institute and the Motsepe Foundation, the prize is designed to reward scalable, AI-driven innovations that improve efficiency, reduce waste, and boost job creation across manufacturing value chains in Africa.

Who Can Apply?

To be eligible, companies must:

  • Be at least 2 years old

  • Be operating within Africa’s manufacturing sector

  • Have secured Series A or later funding

  • Be committed to advancing workforce growth

Prize Breakdown:

  • Grand Prize: $1,000,000

  • Runner-Up: $250,000

  • 4IR Prize (Tech Innovation): $100,000

  • Semi-Finalists (10): $50,000 each

  • Finalists (5): $30,000 each

The competition also includes:

  • A global pitch event before industry leaders

  • Access to exclusive mentorship and networking opportunities

  • Evaluation based on tech integration, commercial viability, and scalability

Timeline:

  • Semi-finalists will be announced after the initial application review.

  • Finalists will pitch to a panel of judges.

  • Grand Prize will be awarded in May 2026.

Note: Applications from entities under U.S. sanctions or certain employees of the Milken Institute or Motsepe Foundation are not eligible.

🔗 CLICK HERE TO APPLY
Don’t miss the chance to scale your innovation globally and win big!