2026 Milken-Motsepe Prize in Circular Economy ($2 million in total prizes)

Applications are now open for the 2026 Milken-Motsepe Prize in Circular Economy. The Milken-Motsepe Prize in Circular Economy calls on scalable companies using technology to enhance circular economy practices across a variety of industries in Africa. This prize offers $2 million in total prizes, including a $1 million Grand Prize. Participating companies will also gain access to exclusive networking and the opportunity to pitch to industry leaders and key decision-makers.

The winning team will demonstrate a commercially viable, technology-enabled circular economy business operating in Africa with a clear path to scale. The business will reduce waste, keep materials in circulation, and deliver measurable environmental and social impact through stronger, more resource-efficient value chains. Teams will be evaluated based on commercial viability, market scalability, workforce and social impact, and circularity and environmental impact. 

Teams from a variety of businesses are encouraged to apply and teams will be required to submit category-specific metrics from industries

WORTH

  • 10 semifinalists are selected, each semifinalist receives US$50,000.
  • 5 finalists are selected, each finalist receives US$50,000.
  • Grand Prize: US$1,000,000
  • Runner-up: US$250,000

ELIGIBILITY

  • Over 2 years of continuous operation 
  • Over $500k in revenue and raised capital 
  • Institutional, corporate, and/or public‑sector partnerships 
  • Solution currently deployed on the African continent 
  • Clear evidence of social impact and job creation 
  • Demonstrated operational readiness to deploy $1M+ in funding 

DEADLINE: August 13, 2026

To apply and for more information, visit here

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