Empowering Sustainable Entrepreneurship Africa 2024

Event Date: From 14 July, 2024
Venue: Africa
Event Provider: Village Capital

Village Capital, with Norad’s support, has initiated a program to empower sustainable entrepreneurship in Africa. The first phase aims to identify 14 top-performing, community-led Entrepreneur Support Organizations (ESOs) from Ghana, Kenya, Malawi, Mozambique, and Tanzania. These ESOs will collaborate to support high-potential startups in their ecosystems. They’ll also gain from Village Capital’s strategic support and expert advice in various fields. By the end of 2024, one ESO from each market will be chosen to lead Venture Programs in 2025-26.

Eligibility

The eligibility criteria for Empowering Sustainable Entrepreneurship Africa 2024 are:

Location: The ESO should be active in Ghana, Kenya, Malawi, Mozambique, or Tanzania.
Support: The ESO should be ready to assist climate-focused, early-stage tech-enabled SMEs with high growth or scale potential.
Program: The ESO should offer a formal incubation/accelerator program.
Resources: The ESO should provide or plan to provide training, resources, advice, or support to entrepreneurs, particularly in finance and investment.
Experience: The ESO should have been operational for over 2 years or grown from co-founder/founder to 5+ employees, including middle management.

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Benefits

The benefits of the Empowering Sustainable Entrepreneurship Africa 2024 are:

Training: The program offers a tailored curriculum to enhance service delivery and stakeholder engagement.
Mentorship: Participants can build connections with potential funders, partners, customers, and a broader ESO community.
Research Collaboration: Access to comprehensive research on sustainability entrepreneurship in Africa is provided, fostering collaboration among participants.
Financial Analysis: Participants receive one-on-one coaching from an investment analyst on financial modeling and metrics.
Media Exposure: Participants have the opportunity to be featured on Village Capital’s program website and other materials.
Access to Abaca: The program provides access to the ESO Diagnostic tool to help scale businesses effectively.