Innovate Ventures Women Business Accelerator 2021 for Female-owned Startups in Somaliland (up to $20,000)

Deadline: January 31, 2021

Applications are open for the Innovate Ventures Women Business Accelerator 2021. The Women Accelerator is a 4-week program that selects, offers essential business skills training and funds female-owned startups in Somaliland.

The program has an alumni network of over 50 startups and has invested over $150,000 in the 18 most promising businesses. Innovate Ventures is the leading Somali start-up accelerator and funder. The organization provides training, mentorship, office space, networking, exposure, and investment to startups.

Benefits

  • 4 weeks of intensive training and business mentorship.
  • Access to vast networks including leading banks.
  • Pitching in front of local and international investors.
  • Features in local and international media.
  • Equity funding for 4 startups of up to $20,000.

Eligibility

  • Open to a woman business owner or woman with a business idea;
  • Age 18 – 35 years old;
  • Business is based in Somaliland;
  • The owners are committed to attending the accelerator program in Hargeisa.

Application

  1. Complete the application form before January 31, 2021.
  2. The selected startups will get an invitation to the pre-accelerator bootcamp at the Innovate Ventures offices in Hargeisa by the first week of February.
  3. The top 12 start-ups from the bootcamp will participate in the 4 weeks accelerator program where they will receive mentorship and business skills training from experienced entrepreneurs.
  4. At the end of the 4 weeks the start-ups will pitch on Demo Day in front of a jury, media, local and international investors.
  5. The top 4 startups will receive up to $20,000 in equity investment from Innovate Ventures.

Click here to apply

For more information, visit Women Business Accelerator.