Empowering Women Entrepreneurs: Growth4Her Accelerator Programme Now Accepting Applications
Growth4Her, a pioneering initiative aimed at fostering the growth and development of women-led businesses in West and Central Africa, has launched its highly anticipated Investor Readiness Accelerator Programme. This six-month program is designed to bridge the gender financing gap in Africa by empowering women entrepreneurs with the necessary skills and resources to scale their businesses and attract investment opportunities.
Closing the Gender Financing Gap in Africa
One of the primary objectives of the Growth4Her initiative is to address the gender financing gap prevalent across Africa. Despite the continent boasting the highest proportion of women entrepreneurs globally, access to funding remains a significant challenge for many. According to the African Development Bank (AfDB), Africa faces a staggering $42 billion gender financing gap, underscoring the urgent need for initiatives like Growth4Her to level the playing field and empower women in business.
Equipping Women Entrepreneurs for Success
The Growth4Her programme targets women-owned and operated businesses in Nigeria and Cameroon, offering them tailored support and guidance to enhance their investor readiness. Participants will benefit from a comprehensive curriculum covering key areas such as financial management, business strategy, market positioning, and pitching techniques. Additionally, the programme facilitates direct connections with investors, providing participants with invaluable networking opportunities and access to potential funding sources.
Program Eligibility and Criteria
To qualify for the Growth4Her programme, businesses must meet specific eligibility criteria, including:
- Ownership or leadership involvement by women
- Operational presence in Cameroon or Nigeria
- Annual sales revenue within the range of US$35,000 to US$15 million
- Commitment to participate in virtual and physical bootcamps and mentorship engagements
How to Apply
Women-led SMEs interested in participating in the Growth4Her programme can submit their applications online through the official website. The application deadline for the current cohort is Wednesday, March 4, 2024. Don’t miss this opportunity to take your business to new heights and join a vibrant community of women entrepreneurs driving economic growth and innovation across Africa.
