ShEquity 2023 Accelerator Program for African Entrepreneurs

ShEquity 2023 Accelerator Program for African Entrepreneurs

When

Apr 21, 2023    
12:00 am

Event Type

ShEquity Partners (“ShEquity”), an investment firm providing smart investments for impactful, innovative, and scalable female-led and owned businesses in Sub-Saharan Africa, today announced the launch of the fourth edition of its accelerator program, ShEquity Business Accelerator (SHEBA). The 17-week SHEBA program provides venture-building and technical support to African female entrepreneurs across the ECOWAS region who are looking to successfully grow their businesses and become investment ready.

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Today’s call for applications is only for Anglophone applicants with businesses duly registered in West Africa. A separate call for Francophone applicants with businesses registered in West Africa will be issued separately.

Eligibility Criteria

  • SHEBA focuses on impactful, innovative, and scalable businesses in agribusiness (agric tech, production, processing, wholesale, retail, all agribusiness value chain aspects), climate-smart businesses, fast-moving consumer goods (FMCGs), healthcare, mobility/logistics, and tech-enabled businesses (fintech, clean tech, ed tech, etc.).
  • The applicants’ businesses should be duly registered in ECOWAS countries, female-owned and managed with a minimum of 51% female ownership, and in operation for at least 24 months.
SEE ALSO: 2023 OPEN Energy fund for Women Founders in African Energy(up to $100,000)

Benefits of  ShEquity Accelerator Program

  • In addition to the robust program development focus, SHEBA offers the opportunity to receive funding from ShEquity and other investors within the ShEquity network.
  • After the acceleration program, qualifying businesses are recommended to the ShEquity team for investment consideration.
  • The typical ShEquity seed investment ranges between US$50K and $250K, with an additional opportunity for post-investment support.

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