The accelerator applications are open for entrepreneurs from Kenya, Uganda, Ethiopia and Zambia, and will close on the 31st of January. The programme is looking for ambitious and committed entrepreneurs with high potential to grow, with a focus on high impact employment and income generating opportunities. Here is what GrowthAfrica offers:
Growth strategy: Led by experienced facilitators, own designed proprietary process and learning methodology that leads to an increase in your revenue and profitsCatalytic support: Get individualised and tailored business development support from growth catalysts who will walk you through and support you in your business journeyFinancial modelling: Build a financial model for your business growth and investment readinessInvestment support: Receive support in identification of, access to and engagement with potential and relevant investorsPeer-peer learning: Connect and benefit from peer-to-peer learning and networking with like-minded entrepreneursMentorship: You will have a personal executive mentor who will offer you advice and be your sounding boardLeadership: Acquire tools to develop stronger entrepreneurial leadershipNetworking and partnerships opportunities with GrowthAfrica’s networks locally and internationally
Eligibility for the programme:Applicants must be a for-profit, post-revenue business with an innovative product, service or methodology.
Ready to scale the businessTurnover of min 50,000 USDExisted for 2 years or moreDedicated Full time founding team consisting of at least 2 foundersFull time and dedicated core teamOpen to raising external investment as part of your growth strategy
The accelerator is open to all sectors but are particularly skewed towards:
AgribusinessEducationIT/mobile solutionsFinancial services and FintechRenewable energyHealthManufacturing/processingRetail/e-commerce
The programme’s first phase consists of 18 workshop days spread over a 6 months’ period. After each workshop, entrepreneurs will work in-company with the assistance of external business experts, GrowthAfrica growth catalysts and financial modelers. The second phase of the programme involves 24 months of one-on-one support from the GrowthAfrica team, a pool of external business leaders and support by GrowthAfrica’s investment facilitation team. The 2019 programme will commence in June 2019, after shortlisting of the entrepreneurs.
