Earlier this week, GrowthAfrica - through their official blog - announced a call for applications to its 2018 Acceleration Programme. The call applies to businesses in Ethiopia, Zambia, Kenya, and Uganda!
In the communication, GrowthAfrica states that the objective of the programme is to scale ventures, make them investment ready and develop entrepreneurial leadership.
They are currently taking on ambitious, committed and innovative entrepreneurs - which has always been a MUST qualification for all the entrepreneurs in their previous cohorts.
To stand a chance, your venture should be scalable and innovative, led by ambitious entrepreneur(s), seeking to grow exponentially, seeking investment to grow and in post revenue stage. If you're at idea stage or pre-revenue, then this isn't your ideal cohort.
Whiles as ventures from all sectors are welcome to apply, they clearlyy state that they do have a soft spot for ventures from the sectors of Agribusiness, Education, IT/mobile solutions, Fintech, Renewable energy, Construction and affordable housing, Water sanitation, Health, Manufacturing/processing, and Renewable energy.
Submission of applications is open till Sunday, October 15th, 2017 at 00:00 hours. Through a competitive recruitment process, 12 ventures from each of the countries will be selected. The program will commence in March 2018 and run for 6 months.
“Post revenue businesses are exciting for us to work with as they are the engine of growth in Africa. We work very closely with them to identify gaps that are preventing them from growing at the scale that they should. Together with our team, we work collaboratively with these ventures to address these gaps, doubling their revenues and tripling their profits”: Johnni Kjelsgaard, Founder and CEO of GrowthAfrica
Related: E.A Incubators Should Push Young Entrepreneurs to Talk to “Real People” – GrowthAfrica CEO
Over the past 15 years, GrowthAfrica has successfully run 12 (plus currently running 2) Acceleration Programmes. These have attracted 128 ventures from Kenya, Uganda and Ethiopia.
Out of which over USD 44 million has been raised in funding and created more than 25,400 jobs. Some of the enterprises include Marini Naturals (Kenya), YenePay (Ethiopia), Soko (Kenya), iProcure (Kenya), Dirkosh (Ethiopia), RoundBob (Uganda) among others.
To apply for the program, click here.