Deadline: 22-Jul-23
Applications are now open for the GET Accelerated programme, a three-month hybrid startup acceleration program designed to support early-stage young entrepreneurs to develop the skills needed to transform their solutions, gain traction and reach customers.
During the acceleration program, three focal areas will be explored: Business models, Strategic partnerships and Investment readiness.
The Grooming Endowment Trust is focused on supporting startup founders to build and scale solutions that leverage innovation and technology in solving urgent problems in Nigeria. Core focus areas for this cohort include financial services, healthcare, education, agriculture, digital (economy) infrastructure, social impact, media, mobility/Logistics and commerce (e-commerce or social commerce)
Once accepted, you will get access to industry experts, partners and resources provided to help you build and scale your product.
You will also have access to several activities in the program, including;
- In-person Bootcamp
- Masterclasses and Webinars
- Mentorship and Office Hours
- Networking Opportunities
- Pitching and Investor Showcase
- Grants
Funding Information
- You will also receive equity-free grant funding of up to ten million Naira, only (N10, 000,000).
Eligibility Criteria
- Grooming Endowment Trust is looking for companies;
- In financial services, healthcare, education, agriculture, digital (economy) infrastructure, social impact, media, mobility/Logistics and commerce (ecommerce or social commerce)
- Located in Nigeria; Building for or from Nigeria
- Registered and incorporated with the Corporate Affairs Commission
- MVP, with some traction or paying users
- Years of operations; 6 months – 2 years
- Unique Business model; directly or indirectly serving underserved/marginalized populations
- At least two founders
- Angel, pre-seed or seed stage
How they Select
- Application and Selection Process
- Stage 1: Online Application Form: Prospective programme participants are to apply via an online application form.
- Stage 2: Interviews: Shortlisted applicants will be interviewed to verify their suitability for the programme, and ten (10) startups will be selected at this stage.
- Stage 3: Bootcamp: Startups selected to participate in the programme will be invited for a 3-day boot camp where they will connect with other entrepreneurs, business mentors, advisors and experts in business model design, strategic partnerships/Growth and investment. They (all 10 startups) will also receive an initial grant funding of NGN 1 million each and will design clear metrics on how they will track the performance of the funding.
- After the Bootcamp, all ten (10) selected founders will be accepted into a 12- 14 week virtual accelerator program designed to support the growth of their enterprise. During this period, they will also be exposed to world-class mentors and industry advisors. At the end of the programme, each entrepreneur will pitch their businesses and growth plans live to a curated investment committee bidding for seed and/or pre-seed investment of NGN 9 million. Five 5 startups will have access to this funding.
For more information, visit GET.