Deadline: March 31, 2024.

The “Women Entrepreneurship for Africa” (WE4A) program is an action jointly supported by the European Union (EU), the Organisation of African, Caribbean and Pacific States (OACPS) and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Tony Elumelu Foundation (TEF), and the German Development agency GIZ (E4D program). It is focused on empowering underserved communities in Sub-Saharan Africa comprising of women, youth, and the informal sector. The Acceleration/Growth Programme will be implemented with support of SAFEEM (Swiss Association for Entrepreneurship in Emerging Markets).

Both the initial acceleration and the follow-on growth programs aim to support women entrepreneurs, in Sub-Saharan Africa, to flourish and contribute to employment creation in their communities through enhanced business capacities, access to formal financial services, and integration into local and regional value chains.

ELIGIBILITY CRITERIA

1. Female entrepreneurs from the TEF Alumni network.
2. You should have a working product and ideally already have customers.
3. The program is open to businesses operating across all business sectors.
4. There needs to be at least one female entrepreneur from the TEF Alumni network in the startup that takes part in the program.

BENEFITS

1. The growth program will only be open to the top 15 high-growth startups and is designed to help startups build a Growth Team and implement a Growth Methodology in order to support scaling up the venture and raise Series A and beyond.
2. Grant of up to €50,000 will be a growth capital that is needed to scale up.
3. The program provides you with a dedicated mentor based on your startup’s needs.
4. €10,000 in grant funding to 120 women entrepreneurs from the TEF alumni network.
5. 3 Months of technical support through a virtual acceleration program.

Apply through the OFFICIAL LINK