AWIEF will host the fourth cohort of its first AWIEF Growth Accelerator programme sponsored by Nedbank. Among the most cited challenges facing women-owned businesses across Africa is Access to finance. Investor readiness and bankability are other factors posing major impediments that attract business finance.
AWIEF Growth Accelerator will support the needs of early-stage and high-growth women-led ventures with growth-strategy training, business modeling, mentorship, corporate advisory, networks, and access to strategic partnerships.
AWIEF accelerator offers help in raising capital as well as support that is key to growth, sustainability, and scaling. Much effort goes into building entrepreneurial leadership capacities of the women while connecting them to capital that helps in scaling.
By 2017, over 100 early growth stage women founders went through the programme. For this year’s cohort, 20 female entrepreneurs in the fields of manufacturing, education, creative industries, agribusiness, technology, hospitality & tourism, renewable energy, health, and technology will participate.
After going through a 6-month programme the entrepreneurs will be ready to share their stories with the world. To qualify, your business must be South African, an EME, Exempt Micro Enterprises, or a QSE, Qualifying small enterprise. The firms must be 50% female-owned at the least, and in their post-revenue phase. The venture should be scalable, have operated for three years, and led by ambitious committed persons. Finally, it should be seeking funding or investment for scaling purposes.
Deadline: 14 May 2021.
Source: APO Group