The GrowthAfrica Business Scaleup Acceleration Programme 2019 for early stage Entrepreneurs.

by OFA January 9, 2019

Application Deadline: 31st January 2019.

The GrowthAfrica Business Scaleup Acceleration Programme is demanding, but so is success! The programme and our support is designed to help you scale your venture, make it investment ready and develop your entrepreneurial leadership.

Applications are now open for the 2019 GrowthAfrica Business Scaleup Accelerator Programme in Kenya, Uganda, Ethiopia and Zambia. We will for each country select 15 ambitious, committed entrepreneurs with high potential to grow and create significant impact with a focus on high impact employment and income generating opportunities.

The GrowthAfrica Acceleration Programme is designed to help you scale your venture, make it investment ready and develop your entrepreneurial leadership with the aim of unlocking significant growth in your business.

Benefits:

Growth strategy: Led by experienced facilitators, own designed proprietary process and learning methodology that leads to an increase in your revenue and profits
Catalytic support: Get individualised and tailored business development support from growth catalysts who will walk you through and support you in your business journey
Financial modelling: Build a financial model for your business growth and investment readiness
Investment support: Receive support in identification of, access to and engagement with potential and relevant investors
Peer-peer learning: Connect and benefit from peer-to-peer learning and networking with like-minded entrepreneurs
Mentorship: You will have a personal executive mentor who will offer you advice and be your sounding board
Leadership: Acquire tools to develop stronger entrepreneurial leadership
Networking and partnerships opportunities with GrowthAfrica’s networks locally and internationally

Requirements:

For profit, post revenue business with an innovative product, service or methodology

Ready to scale the business
Turnover of min 50,000 USD
Existed for 2 years or more year
Dedicated Full time founding team consisting of at least 2 founders
Full time and dedicated core team
Open to raising external investment as part of your growth strategy

Sectors

We are open to all sectors but have a soft spot for:

Agribusiness
Education
IT/mobile solutions
Financial services and Fintech
Renewable energy
Health
Manufacturing/processing
Retail/e-commerce

The programme’s first phase consists of 18 workshop days spread over a 6 months’ period. The programme kicks off with a 5-day visioning bootcamp and then subsequently five 2-days workshops where we establish the foundation and equip you with tools to diagnose your business and devise strategies to optimize your business in all conceivable areas. This part is concluded with 3-day actioning bootcamp where businesses come up with an implementation action plan for their 3-year vision.

After each workshop you will work in-company with the assistance of external business experts, GrowthAfrica growth catalysts and financial modelers. We will be working to implement your new strategies and innovations – boosting your growth trajectory in significant ways.

The second phase of the programme involves 24 months of one-on-one support from the GrowthAfrica team, a pool of external business leaders and support by GrowthAfrica’s investment facilitation team