Apply for the GrowthAfrica Accelerator Programme

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

source and pic : GrowthAfrica