Deadline: February 28, 2021.

For the first time, Bayer Foundation is launching a Women Empowerment Award. With this award, Bayer Foundation wants to empower women as key change makers and help female entrepreneurs generate social impact in Sub-Saharan Africa.

Through the Women Empowerment Award, Bayer Foundation offers a partnership which goes far beyond a one-off cash prize. By supporting female entrepreneurs with groundbreaking ideas, Bayer Foundation specifically recognizes and celebrates their role as game changers driving sustainability and social impact through entrepreneurial innovation.

ELIGIBILITY

1. Female entrepreneurs leading innovative social enterprises with a focus on Sub-Saharan Africa
2. Enterprises that already have their first customer and less than 1 million EUR revenue per year
3. Partners that can generate large scale social impact, sharing the vision

BENEFITS

I. AWARD

A. A unique award for outstanding female entrepreneurs, boosting their growth through Bayer’s network.
B. 5 winners. Each to receive 25,000 EUR cash and 25,000 EUR in-kind.

II. GROWTH ACCELERATOR

24 weeks of tailored support, training for scaling, how to tackle barriers in the ecosystem via new partners and active investor feedback.

III. FUNDRAISING OPPORTUNITY

Opportunity to raise capital: access to growth partners & investors.

IV. COMPREHENSIVE NETWORKING

Being a part of Bayer Foundation’s exceptional alumni network comprised
of former awardees as well as access to third party funding through Bayer
Foundation’s partner organizations.

V. EXPERT COACHING

Access to mentorship from Bayer experts to produce tangible enhancement in terms of business development, financing or strategy

APPLICATION

Key documents to be uploaded:

1. A pitch deck including an executive summary describing your vision, your team structure, governance, business model and potential for scaling.
2. A report of the main challenges you are trying to solve in the next 12 months.
3. An overview of your organization’s finances in 2020

OFFICIAL LINK: https://www.bayer-foundation.com/wea