If you are an early-stage startup business and ready to take on the world, then you should take a look at the newly launched, Global Business Awards program, sponsored by Verto, the global fintech leader in cross-border payments and banking solutions. The competition will be kicking off as of 1st March 2025.
“The world today is more connected than ever, and for startups, access to global markets isn’t just an advantage – it’s a game changer. Payments are at the heart of this,” says Cornelius Coetzee, Verto’s country director.
According to the World Trade Organization, 29% of global GDP is now linked to international trade, with this figure steadily rising. In Africa, intra-continental trade is expected to boost income by $450 billion by 2035, highlighting the enormous opportunities available and growing need for businesses to expand beyond their local markets.
“The Verto Global Business Award is designed to help startups tap into this growth, fostering innovation and supporting businesses in South Africa’s economic transformation,” says Coetzee.
Who Can Apply?
- Early-stage startups operating for about two years.
- Businesses based in South Africa, Nigeria, Kenya, the US, the UK, and other key markets.
What’s in It for You?
- Cash Prizes: Win up to $10,000 to fuel your business growth.
- Global Recognition: Gain international exposure and credibility.
How to Apply?
- Applications open on 1st March 2025.
- Submit your application online via this form.
Selection Criteria:
- Market impact
- Innovation
- Business growth potential
- Demonstrated operations in multiple markets
- Connections with international suppliers
Important Dates:
- Application Period: 1st March 2025 – 31st August 2025
- Winners Announced: 10th October 2025
