Sponsoring Agency: ShEquity
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 04/16/2021
Size of the Fund: Not Available
The ShEquity and MBC Africa has launched the ShEquity Business Accelerator (SHEBA) Program to support to African female entrepreneurs with impactful and scalable businesses viewed as potential ShEquity investment candidates in agribusiness (agtech, production, processing, wholesale & retailing, any other agribusiness value chain aspects) , healthcare, technology (fintech, clean-tech, etc.), renewable energies, and fast-moving consumer goods (FMCG).
The accelerator is the next horizon in ShEquity's significant investment and active role in building an investment ecosystem for African women entrepreneurs. Accordingly, SHEBA will serve as the pipeline for the ShEquity West Africa VC Fund which is being set up in Accra, Ghana. Every year, SHEBA will select and support 30 women, focusing on the following: business development, financial management; go to market strategy, branding & marketing, governance structure, HR / Team management, leadership development, networking opportunities, founders' personal development / soft skills development.
Despite being based in the highest region for female entrepreneurship activity in the world, African women are still finding it more challenging to secure investment than their male counterparts. SHEBA was created to help de-risk African female-led businesses, ready them for investment and equip the founders with the skills set needed to scale their businesses.
Eligibility Criteria
Interested applicants must adhere to the following requirements:
• Be a woman leading / owning an impactful and scalable business.
• Committing to the 6 months program duration.
• Have a business that has been in operation for a minimum of 24 months and is based in the ECOWAS Region.
• Signing the SHEBA agreement (to be provided to these selected).
More information at: https://shequity.com/sheba/
