Mastercard Foundation Fund for Alumni Start-ups in Transition (FAST) Program 2026

About

A funding program designed to support young entrepreneurs from Africa who are alumni or soon-to-be graduates of Mastercard Foundation programs, offering financial support, business training, and access to a mentorship network to help them grow their startups.

Benefits

• 💰Financial Support
  Average funding of $3,000-$5,000 for idea stage or $12,500-$15,000 for growth stage based on business development needs.
• 🎓Business Growth Training
  Access to training programs tailored to business development stages.
• 🤝Mentorship Network
  Connection to a network of mentors to support business growth.
• 🌐Multilingual Support
  Assistance available in English, French, Portuguese, and Arabic.

Eligibility Criteria

• Open to young entrepreneurs from Africa
• Must be an alumnus or soon-to-be graduate of a Mastercard Foundation designated program
• Supports early-stage and startup entrepreneurs
• Focus on youth, women, refugees, and disabled youth groups
• No specific industry requirements mentioned

Participation Commitments

• Must apply online through the provided application link
• Participants must demonstrate their entrepreneurial potential and business idea
• Engagement in training and mentorship activities as required
• No specific attendance requirements mentioned

Target Region

Primarily open to young entrepreneurs in Africa

Target Sector

No specific industry requirements