GrowthAfrica Accelerator 2021 for Kenya, Uganda, Ethiopia, Ghana and Zambia

Deadline: 20-Dec-20

Are you ready to exponentially grow your business? Do you want to scale your venture and develop your entrepreneurial leadership? If yes, then join 2021 GrowthAfrica Accelerator to make your venture investment ready and unlock significant growth in your business.

GrowthAfrica is seeking ambitious and committed entrepreneurs in Kenya, Uganda, Ethiopia, Ghana and Zambia with the potential to grow and create impact through their businesses.

Founded in 2002, GrowthAfrica continues to exponentially increase the rate and growth of business success in Africa through the annual Accelerator. Backed by extensive knowledge and experience in supporting entrepreneurs across Africa, the first accelerator run in 2012 and to date, 244 ventures have been accelerated, worked directly with 436 entrepreneurs, run 24 cohorts and created 30,000+ jobs.

Sectors

• Agribusiness;
• Education;
• IT/mobile solutions/Tech enabled businesses;
• Financial services and Fintech;
• Renewable energy;
• Water & sanitation;
• Health;
• Manufacturing/processing;
• Retail/e-commerce.

• Growth strategy: Led by experienced facilitators, leveraging the proprietary process and learning methodology, they focus on solutions that leads to an increase in your revenue, profits and impact.
• Bespoke incompany support: Get individualised and tailored in-company support from the most qualified team who will walk you through and support you in your business journey.
• Access and fellowship with quality peers across Africa: Connect and benefit from peer-to-peer learning and networking with like-minded entrepreneurs across Africa.
• Investment support: Receive support in identification of, access to and engagement with potential and relevant investors.
• Access to mentors and industry-subject experts: You will have access to Pan-African mentors/experts who will offer you advice and be your sounding board.
• Financial modelling: Support in build a financial model for your business growth and investment.
• Leadership: Acquire skills and tools to develop stronger entrepreneurial leadership.

Duration, Programme Activities and Timeline

Programme runs for 6 months divided into 2 phases. First 4 months (May to August) is focused on articulating your vision, setting goals, analysing needs, and developing a Growth Plan. The sessions consist of both online and physical workshops of:

• 14 weeks – Combination of online /offline workshops;
• In company support.

Subsequent support focuses on implementation of Growth Plan and provides access to:

• Implementation support for one GrowthSprint;
• Three 2-day intervention workshops per year {for accountability, peer learning and action planning};
• An annual GAzelle Forum with access to investors, strategic partners and mentors;
• Topic specific sessions with industry & subject experts.

Who they are looking for?

• Entrepreneurs who have businesses that meet these criteria;
• For profit, post revenue business with an innovative product, service or methacolagy;
• Turnover of 50,000 USD or more;
• Existed for 2 years or more;
• Dedicated full time founding team;
• Full time and dedicated core team.

What is the next stage after submitting the application online?

• The internal selection team will go through the applications and invite shortlisted companies for a face-toface meeting/interview at the GrowthAfrica offices within their respective countries.
• If you are shortlisted for an interview, you will be required (as the Founder or Co-founder) to attend the interview in person. After these, they shall conduct due diligence and based on these together with all other factors, determine and extend an offer to 15 participants per country.

For more information, visit https://growthafrica.com/apply-2/