Deadline: 28-Apr-23
Toilet Board Coalition’s Accelerator is now open to offer mentorship, partnerships, and visibility for scale to the Sanitation Economy businesses.
Join a world-class group of experts from business, investment, and the global sanitation community to help turn your ideas into successful and sustainable businesses and prepare you for investment.
The Accelerator is expanding into Latin America with the support of IDB Lab and Water for People. The Accelerator is now also offered in Spanish.
What is the accelerator?
- The Toilet Board Coalition accelerates business solutions to the sanitation crisis through the world-renowned Accelerator; matching entrepreneurs with global business leaders and investors to drive progress on Sustainable Development Goal 6.2 – sanitation for all by 2030.
- The Accelerator is in its eighth year, accelerating Sanitation Economy businesses through business model design, corporate mentorship and access to investment. To date, the Coalition has graduated 58 SMEs (small and medium-sized enterprises), impacting more than 2.4 million people daily and unlocking US$22 million in finance.
Goals
- The goal of the programme is to prepare sanitation SMEs for investments and strategic partnerships that can bring both innovation and scale.
- Upon successful graduation from the Accelerator programme, the SMEs can expect to have a clear roadmap to scale for their sanitation business, resulting from intensive work around –
- Unit Economics and Business Model Optimization
- Financial Model and Projections
- Investability
- Partnerships
Benefits
- 12 months in-kind business support
- Hands-on mentoring tailored to your needs and the challenges facing your business
- Access to capital
- upon graduation from the Accelerator (capital from Toilet Board Coalition members and investor network based on investment readiness)
- Partnership brokering & brand building
- through affiliation with Toilet Board Coalition member corporate, NGO and institutional brands
- Membership to the Toilet Board Coalition
- ongoing engagement and investment opportunities with the Coalition following graduation
- Access to global and local mentors
- business experts from leading multinational companies – sales, marketing, supply-chain, financial planning, etc and technical experts from leading companies and stakeholders – research & development, engineering, IT, mobile, etc
- A business intelligence toolkit
- consumer insights study; social & environmental audit; and financial analysis
Duration: The Accelerator partners with entrepreneurs over the course of 12 months.
Eligibility Criteria
The Accelerator is seeking to work with SMEs that meet the following criteria:
- Emerging & Frontier Markets
- Target market includes populations most at risk in Asia, Africa & Latin America.
- Scalable
- The business is positioned to deliver sanitation at scale and is connected to the full value chain of sanitation service delivery
- Innovative/ Replicable
- Product offering that is aspirational for its target market and provides an improved solution to the market and/or product offering that is proven and replicable
- Market Based
- Commercially viable businesses, at every point in the sanitation value chain, delivering sanitation to those without access, profitably
- They work with growth and scale ready start-ups/ sanitation businesses that have begun sales. However, in last seven years they have accelerated businesses at various stages: from pilot stage to listed companies with steady sales.
- They look for businesses in the Sanitation Economy across fields such as:
- Building, operating, maintaining and/or providing toilets
- Collecting, storing, transporting and/or treating human waste
- Using analytics, information, IoT, and/or sensors, etc. to monitor sanitation infrastructure, and/or derive insights including preventive healthcare
- Sustainable menstruation health and hygiene, diapers and other products
For more information, visit Toilet Board Coalition.