Innovate Ventures 2023 Women Business Accelerator for early-stage Somali Startups

Application Deadline: 21st March 2023

The Women Accelerator is a 10-week program that selects, offers essential business skills training, and funds female-owned startups in Somaliland. The top startups will receive an investment of up to $30,000 from Innovate Ventures.

The program has an alumni network of over 200 startups and has invested over $250,000 in the most promising businesses.

Eligibility Requirements

• Woman business owner or woman with a business idea.
• Age 18 – 35 years old.
• Business is based in Somaliland.
• The owners are committed to attending the accelerator program in Hargeisa.

Benefits

• 10 weeks of intensive training and business mentorship.
• Access to our vast networks including leading banks.
• Pitching in front of local and international investors.
• Features in local and international media.
• Equity funding for winner startups of up to $30,000.

Application Procedure:

1. Complete the application form before 21st March 2023.
2. The selected startups will get an invitation to the pre-accelerator bootcamp at the Innovate Ventures offices in Hargeisa by the first week of April.
3. The top 15 start-ups from the bootcamp will participate in the 10 weeks accelerator program where they will receive mentorship and business skills training from experienced entrepreneurs.
4. At the end of the training the start-ups will pitch on Demo Day in front of a jury, media, and local and international investors.
5. The top startups will receive up to $30,000 in equity investment from Innovate Ventures.

For More Information:

Visit the Official Webpage of the Innovate Ventures 2023 Women Business Accelerator