The 2021 report from the African Development Bank (AfDB) estimates that the gender financing gap in Africa is $42 billion. Growth4Her takes on this challenge head-on as an AFAWA Women Entrepreneurship Enabler.
The Learning Gate, ActivSpaces, Sociocapital Impact Group, and Creative Space Startups are the Co-creators and implementers of this investor-readiness accelerator program. In its first three cohorts since its launch in 2022, the program has gotten over 1,500 applications from Cameroon and Nigeria.
More than 300 women business owners have benefited from the program to date, reporting observable outcomes like more sales, a wider consumer base, better mental health thanks to psychosocial support sessions, and improved company management techniques.
The dynamic, intimate group of more than 500 women creates strong bonds among the alums, acting as a wealth of resources for chances, joint ventures, alliances, and direct access to capital and visibility. Over the next five years, Growth4Her wants to help 1,500 women entrepreneurs in West Africa.
Application for Nigerian women entrepreneurs in Cohort 4 is now available. Through investment readiness skills, this transformative program will enable chosen Nigerian women entrepreneurs to turn their SMEs into fundable, high-growth initiatives. It will also connect them directly to funding options from funders and help them build an ecosystem that supports their firms.
Qualifications:
- Nigerian enterprises headed by women 20% or at least 51% female-owned, with a female CEO or COO at least thirty percent of women on the board, assuming there is one.
- 5-300 workers Between US$35,000 and US$15 million in annual sales assets between $100,000 and $15 million dedication to a virtual/physical boot program lasting one week.
- Over the course of eight weeks, commit three hours each week to mentoring.
High-level executives must participate.
BrandSpur national news brand reveals the benefits attached are:
- Skilful guidance from seasoned business owners and prominent figures in the field who have been there before.
- Get training that is specifically designed to meet the goals and problems of your company.
- Opportunities for Networking: Make connections with possible partners and other like-minded female entrepreneurs.
Investigate additional funding sources and develop your business pitching skills. - Get counselling and psychosocial support to help you deal with the highs and lows of being an entrepreneur.
Join the women entrepreneurs who have grown and succeeded remarkably by applying today. They will provide you with networking possibilities, money, training, and mentorship.
