The Zanzibar Business Plan Competition 2026: Official Launch Announcement!
The Coprosperity Fund team is excited to announce the official launch of the Zanzibar Business Plan Competition 2026, a first-of-its-kind initiative aimed at funding and supporting high-potential business ideas and entrepreneurs across Zanzibar.
The competition will run from 15th January to 15th March 2026 and is open to small business owners, startups, and entrepreneurs on the island of Zanzibar. The launch event will take place at Mercury’s in Stonetown, Zanzibar, from 3pm to 5pm on Thursday January 15th.
At the end of the competition, the top three best business plans will receive investments and support from the Coprosperity Fund (see below for details), providing these entrepreneurs with an opportunity to scale their ideas and create sustainable impact. Five other businesses will receive certificates of recognition for their outstanding participation.
About the Zanzibar Business Plan Competition
The Zanzibar Business Plan Competition is designed to energize the local startup ecosystem by promoting entrepreneurship, innovation, and inclusive economic growth, including empowering local businesses, community groups, women leaders, and youth-led enterprises among others.
It is the first initiative of its kind in Zanzibar, and an outgrowth of the Coprosperity Fund’s mission to fund and support small businesses in Tanzania and the East African Community.
Coprosperity Fund also welcomes partners, institutions, and other stakeholders to collaborate in supporting this initiative through sharing the Competition announcement and materials on social media and their networks, as well as mentorship, outreach, and ecosystem development.
Competition Details and How to Apply
The Zanzibar Business Plan Competition is a limited time event open to entrepreneurs located on the island of Zanzibar. Details are as follows:
Competition Period: 15th January – 15th March 2026
Eligibility: Entrepreneurs located on the island of Zanzibar.
Funding and Support Awarded to: Top 3 Business Plans. 5 follow up Certificates of Recognition.
1st Prize: $3000 (8,000,000 TZS) Investment and Support
2nd Prize: $1500 (4,000,000 TZS) Investment and Support
3rd Prize: $500 (2,000,000 TZS) Investment and Support
How to apply: Email contact@coprosperityfund.com, or fill out the form on our website here.
Entrepreneurs and partners are encouraged to take part and be part of building a stronger, more inclusive startup ecosystem in Tanzania!