Are you a Nigerian woman entrepreneur ready to take your business to the next level? Apply now for Growth4Her Cohort 4 and unlock the full potential of your SME.
According to the African Development Bank (AfDB) 2021 report, there’s a $42 billion gender financing gap in Africa. As an AFAWA Women Entrepreneurship Enabler, Growth4Her addresses this challenge head-on. This investor-readiness accelerator program is co-created and implemented by Creative Space Startups, Sociocapital Impact Group, The Learning Gate, and ActivSpaces.
Launched in 2022, the initiative has received over 1,500 applications from Nigeria and Cameroon across its first three cohorts. To date, more than 300 women entrepreneurs have benefited from the program, seeing tangible results such as increased revenue, expanded market reach, improved mental health through psychosocial support sessions, and enhanced business management practices. Our vibrant, close-knit community of over 500 women fosters strong connections among our alumni, serving as a rich resource for opportunities, collaborations, partnerships, and first-hand funding and visibility opportunities. We are on a mission to support 1,500 women entrepreneurs across West Africa over the next five years.
Growth4Her is a 6-month Investor Readiness Accelerator Program, open to women in West and Central Africa. Growth4Her seeks to bridge the gender financing gap in Africa by providing women entrepreneurs with the capacity and tools which enables them to transition from small to high potential fundable growth stage businesses. Cohort 4 is open for applications from women in Nigeria and those selected for the cohort will be contacted.
Growth4Her Cohort 4 Benefits
- Expert mentoring from seasoned entrepreneurs and industry leaders who have walked the path.
- Receive tailored training to address your business’s needs and challenges.
- Networking Opportunities: Connect with like-minded women entrepreneurs and potential partners.
- Explore alternative funding options and learn how to pitch your business effectively.
- Receive psychosocial support and guidance to navigate the ups and downs of entrepreneurship.
Eligibility Criteria:
- Women-led businesses based in Nigeria
- Minimum 51% or 20% woman-owned with a female CEO/COO
- At least 30% female board representation (if a board exists)
- 5-300 employees
- Annual sales between US$35,000 – US$15 million
- Assets ranging from US$100,000 – US$15 million
- Commitment to a one-week virtual/physical boot camp
- Dedicate 3 hours weekly for mentorship over eight weeks
- Participation of C-level executives is mandatory.
How To Apply
Application Deadline: November 22, 2024
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