Deadline: 27 October 2017
Applicants are invited to apply for the Make-IT Accelerator in Nigeria & Kenya, 9-month acceleration programme that will provide access to the right knowledge, mentors, business and financing partners and opportunities for successful business growth.
The 9-month programme, supports to achieve B2B cooperation- and investment-readiness. Based in Nairobi, Kenya or Lagos, Nigeria, the Make-IT Accelerator is designed and implemented in collaboration with highly renowned local hubs, corporate partners and investment experts.
Programme Phases
The Make-IT Accelerator, provided by German International Cooperation (GIZ), includes three structured phases:
- Inspire – Achieve the Capacity for Growth (Jan – Mar 2018): three months of cohort-based training and capacity development for growth, including individualised needs assessments and scaling plans and regular meetings with experienced acceleration managers to help you develop and grow your business.
- Connect – From Cooperation Readiness to Cooperation (Apr – Jun 2018): three months of B2B cooperation readiness training, individual support, preferred access to B2B matchmaking events with major international corporates and access to the Make-IT mentor pool as needed.
- Develop – From Investment Readiness to Investment (Jun – Aug 2018): three months of support from finance and investment experts, who will help you achieve investment readiness, prepare you with the skills to negotiate investment deals and provide pitch training for a final Demo Day in Lagos or Nairobi.
Eligibility Criteria
- For profit, registered business with a team of at least two people (must be registered in an African country)
- In operation for at least one full year
- Already have digital (software or hardware) product or service on the market and evidence of revenue
- Clearly demonstrate potential to scale
- Based in or able to work from Nairobi or Lagos for the first six months of the programme (or travel there for regular meetings)
- A business model with a social Impact. That means that it presents a solution to a social problem, and has positive impact on society (locally and/or globally). They define ‘social’ as the basics of life (especially in terms of health, environment, food, agriculture).
Selection Criteria
- Commercial Viability
- Strategy for Growth
- Management
- Market Traction
How to Apply
Interested applicants must apply online via given website.
For more information, please visit Make-IT Accelerator.