The African Union Development Agency (AUDA-NEPAD) is inviting applications for the 3rd Cohort of Home Grown Solutions (HGS) Accelerator for Pandemic Resilience Initiative to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience.
This is achieved through offering hands-on and tailored support to growth- and mature stage healthcare businesses. The African Union Development Agency (AUDA-NEPAD) founded the Accelerator initiative in partnership with the Japan International Cooperation Agency (JICA), the official development assistance agency of the Government of Japan.
They will work shoulder-to-shoulder with your team to design and deliver a customized, five-month acceleration roadmap in 2023, to support your company’s specific growth needs across three key areas:
- Context specific advisory
- Investment readiness support
- Matching strategic partners
- As part of the third cohort, you will receive this unique offering for your business while shaping this Acceleration programme for fellow African businesses in the future. After this period and as a future alumnus of the Accelerator, you will continue to have access to their unique and growing network of peers, advisors, mentors, and potential partners.
They have 3 application criteria you will have to meet to be considered for their third cohort:
- You are a growth or mature stage company, meaning you must
- Be registered as a for-profit entity
- Demonstrate clear market traction and sizable customer base
- Express ambition and potential to scale beyond your current size
- You strengthen Africa’s health system, for example
- You manufacture medical consumables or devices on the continent
- You provide healthcare services to patients, be it diagnostic, treatment or otherwise
- You provide technology solutions to strengthen health access or delivery
- You can be described as a Home Grown Solution, meaning you must
- Operate mainly or solely in Africa (preference for companies operating across countries)
- Employ mostly local staff in the markets in which you are active
- Have strong African representation in your leadership
For more information, visit AUDA-NEPAD.