Deadline: July 14, 2023
Women-Led Businesses are invited for the RevUp Women Initiative 2023. RevUp Women Initiative is an enterprise development programme for early-stage women-led businesses in Africa. It is designed to accelerate these businesses into profitable & sustainable ventures that can stimulate the creation of jobs on the continent.
The initiative aims to foster gender equality and inclusive economic growth through enterprise development training, mentorship, peer-to-peer learning and providing access to finance. This cohort is funded by The Visa Foundation. AfriLabs is calling on women-led businesses across select locations in Africa to apply for this cohort of the initiative. In this cohort, 500 businesses will go through a rigorous training and mentoring session and ten (10), one(1) in each pilot city will be selected to be funded by the programme.
Benefits
- Access to high-quality female mentors across Africa.
- 10 business owners will be selected to be funded with $10,000 following the Catalytic Africa guidelines.
- Access to additional funding opportunities for participants and a network of funders across Africa.
- Access to the AfriLabs network.
Eligibility
Open to early-stage women-led businesses across Africa. These businesses must meet the following criteria before applying;
- At least 51 per cent owned by a woman;
- Be led by a woman;
- Be located in any of these cities in Africa:
- Nigeria – Lagos, Abuja
- South Africa – Johannesburg, Cape Town
- Cameroon – Douala, Yaounde
- Kenya – Nairobi, Kisumu
- Democratic Republic of Congo- Kinshasa, Lubumbashi
- Have an already existing service or product;
- Have evidence of sales of existing services or product;
- Have an existing business model;
- Registered and incorporated in the country of operation;
- Be operational for at least 6 months;
- Be able to dedicate 8 weeks to an intense hybrid training and mentoring session.
Application
For more information, visit RevUp Women Initiative.