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Call for Women-Led Businesses: RevUp Women Initiative

Deadline: 14-Jul-2023

AfriLabs is calling on women-led businesses across select locations in Africa to apply for this cohort of the RevUp Women Initiative.

RevUp Women Initiative is an enterprise development programme for early-stage women-led businesses in Africa. It is designed to accelerate these businesses into profitable & sustainable ventures that can stimulate the creation of jobs on the continent. The initiative aims to foster gender equality and inclusive economic growth through enterprise development training, mentorship, peer-to-peer learning and providing access to finance. This cohort is funded by The Visa Foundation.

In this cohort, 500 businesses will go through a rigorous training and mentoring session and ten (10), one (1) in each pilot city will be selected to be funded by the programme.

Sectors
Benefits
  • Access to high-quality female mentors Across Africa.
  • 10 business owners will be selected to be funded with 10,000 dollars following the Catalytic Africa guidelines.
  • Access to additional funding opportunities for participants and a network of funders across Africa.
  • Access to the AfriLabs network.
Eligibility Criteria
  • The applications are open to early-stage women-led businesses across Africa. These businesses must meet the following criteria before applying;
    • At least 51 per cent owned by a woman
    • Be led by a woman
    • Be located in any of these cities in Africa
      • Nigeria –  Lagos, Abuja
      • South Africa –  Johannesburg, Cape Town
      • Cameroon – Douala, Yaounde
      • Kenya –  Nairobi, Kisumu
      • Democratic Republic of Congo-  Kinshasa, Lubumbashi
    • Have an already existing service or product
    • Have evidence of sales of existing services or product
    • Have an existing business model
    • Registered and incorporated in the country of operation
    • Be operational for at least 6 months
    • Be able to dedicate 8 weeks to an intense hybrid training and mentoring session
  • Note: Evidence of sales would be requested during the due diligence phase.

For more information, visit AfriLabs.

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