GrowthAfrica’s 2016 Accelerator Programme for Kenya and Uganda are still open till the 17th of January.
They are looking for motivated entrepreneurs in a variety of sectors, but of particular interest is: products and services addressing environmental sustainability, energy, IT, mobile and financial technologies, agribusiness, products and services relating to the construction sector, and essential services (health, education, water & sanitation).
What are the benefits?
Clarity and articulation of your business model and core strategies driving success
One-on-one mentorship and networking through a diverse ensemble of thought leaders, experienced business
executives, successful entrepreneurs, and investors
Intensive series of workshops providing tools and insights, improving your entrepreneurial abilities and leadership skills
Access to seed funding
What will it cost?
The total value of these copious resources is in excess of USD 50,000 per startup – but they naturally do not expect you to pay this upfront. GrowthAfrica think it is fair that the success they inevitably will co-create with your business is shared – so they ask all startups to pay subsequently by sharing:
1% of your revenue +
2% of your equity +
3% of investments raised
They only expect this from you if they help you:
Double your revenue or
Triple your profit or
Help you raise at least USD 250,000
Great deal, huh?
Applications are due by January 17, 2016 and the programme starts on March 9 for Nairobi and March 16 for Kampala. Get the programme details and the application here