Deadline: 1-Apr-23
The Bridges for Enterprise is excited to announce its multi-stage customised programme to scale your business, completely free-of-charge.
BfE works with pre-seed and seed stage social impact startups from Africa, Asia, the Middle East and Latin America.
Each engagement is conducted completely free-of-charge by their chapter teams and professional mentors with deep industry expertise. Communication throughout the entire programme takes place remotely so you can focus on running your business at the same time.
The goal is to support social enterprises on the path to financial sustainability and creating impact in their communities. BfE considers all applications to the BfE Incubation Programme carefully and holistically over several stages to determine the startups that best fit thier mission and vision. We apply the following criteria when screening applications and conducting interviews.
What services will I receive in the Incubation Programme?
- Consulting (guaranteed) – BfE Consulting engagements are the first component of the Incubation Programme. From growth strategy to impact assessment, the talented associates tackle your most pressing challenges. (Timeline: 3-4 months)
- Finance Advisory (guaranteed) – BfE Finance Advisory engagements are the second (and final) component of the Incubation Programme. From revenue forecasting to grant writing, their talented associates strive to make your business ready to attract funding.
- Timeline: 3-4 months
- Legal Advisory (optional) – BfE Legal Advisory engagements are an optional component of the Incubation Programme. Any accepted startup can request legal support either upon acceptance into the Programme or before the Finance Advisory engagement begins.
- Timeline: 3-4 months
- Technical Advisory (optional) – BfE Technical Advisory engagements are an optional component of the Incubation Programme. Any accepted startup can request technical support either upon acceptance into the Programme or before the Finance Advisory engagement begins.
- Timeline: 3 months or 6 months
Eligibility Criteria
- The BfE Incubation Programme would be a good fit for you if:
- You are a for-profit or non-profit social enterprise.
- You are an early stage startup at the pre-seed or seed stage.
- You have an existing product or service and have started earning revenue.
- Your business is legally established in Africa, Asia, Latin America or the Middle East.
- You demonstrate a clear path to financial returns and social impact.
- BfE accepts social enterprises that can demonstrate:
- Innovative Solutions. You have developed a unique minimum viable product (MVP) that addresses a key development challenge.
- Proven Results. You have a revenue generating business model with at least 6 months in operation.
- Positive Impact. Your business generates positive environmental or social impact in the communities you serve.
- Committed Management. Your company’s leadership team has a demonstrated track record of commitment.
For more information, visit Bridges for Enterprise.