Nedbank Partners AWIEF for 4th Cohort Growth Accelerator

Africa Women Innovation and Entrepreneurship Forum (AWIEF)

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) is partnering with South Africa’s leading financial powerhouse, NedBank for its fourth cohort of its flagship AWIEF Growth Accelerator.

Access to finance is the most cited challenge to the growth of women-owned businesses in Africa. Bankability and investment readiness are major impediments to attracting business finance. The AWIEF Growth Accelerator is designed to support the unique needs of early-stage and high growth-oriented women-led ventures with business modelling, growth strategy training, corporate advisory, mentorship, networks, and access to strategic partnerships. The accelerator provides capital-raising support for growth, scale and sustainability. It builds women’s entrepreneurial leadership capacity, connects them with appropriate sources of capital and helps them scale.

Africa Women Innovation and Entrepreneurship Forum (AWIEF)
Africa Women Innovation and Entrepreneurship Forum (AWIEF)

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Since 2017, more than 100 early-growth-stage women founders have gone through the accelerator programme. For the 2021 cohort, 20 female entrepreneurs will be selected from sectors including: technology, agribusiness, financial services, manufacturing, health, education, tourism & hospitality, creative industries, and renewable energy.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

AWIEF Calls On Nigerian And Malawian Women-Owned Startups To Apply To Its Green Energy Startup Incubator

WemTech

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (http://www.AWIEForum.org) has launched a new initiative “Enterprise Development for Women-Owned Ventures in Green Energy” and is pleased to announce the call for applications for a Startup Incubator in Malawi and Nigeria.

The 12-month programme is funded by the African Women’s Development Fund (AWDF) (https://AWDF.org/) and will support 70 women involved in renewable and green energy production in two African countries — Malawi and Nigeria. The programme offers two components to be implemented in two phases one after another:

  1. Startup Incubator: 30 women in each country (60 in total) supported in designing, refining and launching their renewable and green energy business ideas.
  2. Accelerator: 10 established renewable and green energy women-owned/led ventures (5 from each country) will receive entrepreneurial training and preparation for investment-readiness. The programme offers opportunity of accessing venture finance.

This call for application is for the Startup Incubator programme.

The Startup Incubator is for individuals or teams from Malawi and Nigeria who have an idea for renewable and green energy business solutions to one of the key social and environmental challenges. The Startup Incubator programme is aimed at helping women turn their renewable and green energy enterprise idea into a product or service that customers want to buy. The winning individuals or teams will receive training and support on turning their ideas into reality.

Startup Incubator offers the participants:

  • Incubator Modules including Pitch Training
  • Mentorship support
  • Expert Guidance and Tailored Support to make your business idea a reality
  • Networking and Peer Learning opportunity with like-minded entrepreneurs
  • The best pitches will receive an opportunity to pitch their business idea at the AWIEF Annual Conference (Dec 2–3, 2020; physical + virtual) — Africa’s number 1 women entrepreneurship conference for dialogue on issues of business — in Johannesburg, South Africa.
Africa Women Innovation and Entrepreneurship Forum (AWIEF)

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Who is eligible:

  • Women over 18 years of age resident in Malawi or Nigeria, and fluent in English
  • Business Venture Sector Focus in Renewable & Green Energy Sector including: Solar, wind, water (hydro), biomass, biogas, biofuel, and other green energy solutions including concepts for sustainable energy-technologies for cooking
  • Business venture to be incorporated and operated in Malawi or Nigeria
  • Program participants committed to working 20+ hours a week on their venture during September and October, 2020
  • Applicants can apply as individuals or a team with a maximum of 3 members.

To submit applications for the Startup Incubator, please follow this link: https://bit.ly/3j0T4Az

Applications close on 15th August 2020 at 23:59 GMT.

Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).

Media Contact:
Email: info@awieforum.org

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer.