27 Sept 2017

GrowthAfrica Startup Accelerator Programme for East African Entrepreneurs 2018

Application Deadline: 15th October 2017 – at midnight
Eligible Countries: Kenya and Ethiopia
To be taken at (country): Zambia, Ethiopia, Kenya and Uganda
About the Award: GrowthAfrica very excited to announce that applications are now open for the 2018 GrowthAfrica Acceleration Programme in Ethiopia, Zambia, Kenya and Uganda. The objective of the programme is to scale ventures, make them investment ready and to develop entrepreneurial leadership. We are targeting ambitious, committed and innovative entrepreneurs.Type: Accelerator programme (Entrepreneurship)
Eligibility: The programme invites applications from ventures that are: and innovative, led by ambitious entrepreneur(s), seeking to grow exponentially, are seeking investments to grow and are in their post revenue (not idea) stage. Needed are ambitious, committed and innovative entrepreneurs whose post-revenue businesses are creating a positive impact in the communities they work in, either through their products or services or business model – particularly if:
  • You already have an innovative product or service in the market and have paying customers
  • You have a team of co-founders with a balanced skillset, who are ambitious, talented, committed and willing to learn from their peers and the GrowthAfrica team
  • Your team have a burning desire to make the business the next big thing and scale internationally and making the business an impactful multimillion dollar success story
Ventures from all sectors are welcome to apply. We do have a soft spot for ventures from the following sectors:
  • Agribusiness
  • Education
  • IT/mobile solutions
  • Fintech
  • Renewable energy
  • Construction and affordable housing
  • Water & sanitation
  • Health
  • Manufacturing/processing
  • Renewable energy
Number of Awards: 12
Value of Programme: The total value of these copious resources is in excess of USD 50,000 per startup – but GrowthAfrica naturally does not expect you to pay this upfront. However, all startups will be asked to pay subsequently by sharing:
  • 1% of your revenue +
  • 2% of your equity +
  • 3% of investments raised
We only expect this from you if we help you:
  • Double your revenue or
  • Triple your profit or
  • Help you raise at least USD 250,000
Duration of Programme: 6 months
How to Apply: To apply for the program, click here
Award Provider: GrowthAfrica

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