GrowthAfrica is looking for ambitious, committed and innovative entrepreneurs in Kenya and Uganda to be part of GrowthAfrica’s Accelerator Programme. The program will equip participating entrepreneurs with skills and knowledge on business and growth strategies, business models, and access to investments. The programmes will be led by experienced facilitators who are carefully selected from GrowthAfrica’s vast pool of industry specialists, who understand the dynamics of running a business and can provide valuable insights to the selected entrepreneurs. The application deadline for Kenya and Uganda is March 12th at midnight 2017.
GrowthAfrica has been working with SMEs, startups and entrepreneurs in Kenya since 2002 and started its accelerator programme in 2012. It is currently running its 11th and 12th cohort. Some of Kenyan startups that have benefited from the program include: Marini Naturals (natural hair products), SOKO (fashion and technology), Strauss Energy (solar energy solutions), EFK Group (eco fuels) among others. The programme was launched in Uganda, last year in March. The first cohort included among: Amagara (skin care products) Trans African Clean Energy and Agriculture solution (last mile distribution, energy), Round Bob (travel) and Crested Superior (dairy products).
“The programme focuses on sharpening applicants’ skills over a period of 6 months through a series of coaching sessions; a 5 days’ boot camp and subsequent six 3 days’ workshops during the acceleration period. These workshops are carried out on Wednesday-Friday every four weeks, providing the entrepreneurs with enough time to apply what they have learned, plan and prepare for the upcoming workshop, and run their business in the capacity needed”, says Johnni Kjelsgaard, Founder and CEO of GrowthAfrica.
Each entrepreneur is teamed up with a growth catalyst and financial modeller who walk them through their business development journey using GrowthAfrica’s proprietary methodology and tools; helping them to develop financial models and prepare their businesses for investment. Other aspects of their business such as product design, marketing, supply chain, sales and distribution are also reviewed to boost their growth.
In December 2016, GrowthAfrica selected its first Ethiopian cohort comprising of 12 ventures from the energy, fintech, food and processing, tourism, apparel, printing and agriculture sectors. The cohort includes: Deliver Addis (online delivery service), Dirkosh (healthy snacks), Paradise Fashion (apparel) and Run Africa (athletic tourism).
GrowthAfrica accepts applications from all sectors but has a special interest in environment and sustainability, energy, ICT, mobile and financial technologies, agriculture, construction and housing, health, education, and water and sanitation
GrowthAfrica strategically supports high-impact, high-growth businesses that innovatively contribute to Africa’s social and economic progress in different sectors through cohort-based programmes, strategic advice and access to funding. Since its’ founding in 2002, GrowthAfrica has worked with over 1,800 local and international businesses, helped them raise USD 42 million and create 24,000 jobs in East Africa.
We believe that by supporting ambitious, committed and capable entrepreneurs shorting and broadening their entrepreneurial success we can have a more substantial, impactful and lasting effect. The programme can accelerate the entrepreneurs’ growth trajectory and create the employment and income generating opportunities that will create the social and economic transformation that is needed to sustain our continent’s path to wealth and well-being.
Note: GrowthAfrica is spelled in one word (and not Growth Africa)