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

Program Description

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 such as:

• Agriculture & Food Systems
• Plastics & Packaging
• Electronics
• Textiles
• Construction & The Built Environment

Eligibility Requirements

The program is seeking companies that meet the following eligibility requirements:

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

Award Rounds

• Application Submission & Semifinalist Announcement: Teams submit their designs and business models. 10 semifinalists are selected, and each semifinalist receives $50,000.
• Pitch Event & Finalist Announcement: Semifinalists pitch to industry leaders and judges. 5 finalists are selected, and each finalist receives $50,000.
• Grand Prize Submission & Announcement: Finalists submit their final materials. The Grand Prize is $1,000,000, and the Runner-up is $250,000.

Application Process

Applications are now open. The application deadline is August 13, 2026.