Her Startup Programme 2024 (Grants for women-led startups)
Empowering African Women in Entrepreneurship
Her Startup bridges the gap for female founders in the entrepreneurial ecosystem by offering a unique combination of training, funding, and mentorship.
Program Goals:
- Identify and invest in high-growth African women-led startups in emerging industries
- Provide comprehensive support to overcome challenges and achieve success
*Program Structure:*
1. *Candidate Selection:*
- African companies with female founders/CEOs
- Tech-enabled businesses with a unique value proposition
- Monthly gross revenue of at least $500
- Business operations for at least 6 months
- Diverse selection, including Francophone Africa and non-Fintech companies
2. *Accelerator Program:*
- 4-month training through Founder's Institute
- Training costs covered, with staged allowances
- Certificate and funding eligibility upon completion
3. *Funding:*
- Average investment of $5,000 in convertible revenue-based financing
- Pitching to the Investment Committee post-training
4. *Mentorship and Support:*
- 6 months of mentorship from experienced entrepreneurs and experts
- Access to co-working spaces and healthcare coverage for 1 year
- Monthly meetings, ad hoc support, and potential additional capital raises
Application Deadline: September 13, 2024
Scroll down for more details and click on the official link attached to apply for this opportunity
Additional Information
_Benefits:_
1. _Comprehensive Training_: 4-month accelerator program through Founder's Institute, covering essential skills and knowledge.
2. _Funding Opportunity_: Average investment of $5,000 in convertible revenue-based financing, with potential for additional capital raises.
3. _Expert Mentorship_: 6 months of guidance from seasoned entrepreneurs and industry experts.
4. _Networking Opportunities_: Access to co-working spaces, networking events, and connections with like-minded entrepreneurs.
5. _Healthcare Coverage_: 1-year healthcare coverage for founders, providing peace of mind and support.
6. _Diverse Community_: Join a community of African women-led startups, promoting collaboration and support.
7. _Certificate and Recognition_: Receive a certificate upon completing the accelerator program, enhancing credibility and reputation.
8. _Eligibility for Additional Funding_: Potential access to further funding opportunities, supporting growth and expansion.
9. _Personalized Support_: Monthly meetings and ad hoc support for addressing specific challenges and needs.
10. _Empowerment and Growth_: Empowering African women in entrepreneurship, driving growth and success in emerging industries.
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Fully Funded
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