Are you an African female founder with a business that is innovative, impactful, and scalable? Then the SHEBA 2022 accelerator program should be your next stop. Sheba is bridging the gender funding gap in Africa.
It provides your business with the necessary information to attract an investor. Is your business investor-worthy? The Sheba accelerator program will make it is.
See also: Apply: SME Growth Lab Digital Accelerator Program 2022
About SHEBA 2022
SHEBA was in fact launched in 2021. It was set up to offer venture capital and technical assistance to African female entrepreneurs. Its goal is to close the gender funding gap by de-risking and making investment-worthy African female-led businesses.
It covers businesses in agribusiness (agritech, production, processing, wholesale & retailing, or any other agribusiness value chain aspect).
Also healthcare, tech-enabled solutions (fintech, clean-tech, etc.), renewable energies, mobility, as well as fast-moving consumer goods (FMCGs).
Qualifying businesses are recommended for investment consideration by the ShEquity team. Also, the typical ShEquity seed investment ranges from $50,000 to $250,000.
See also: The Ashoka Africa Changemaker Storytelling Challenge 2022
Why You Should Apply
- 16 weeks of making your business fit for investment
- Opportunity to pitch and be selected for investment recommendations
- You get between $50-$250k of seed investment
- Demo days where investors can come and access female-owned businesses for possible investment
See also: Miss Africa Digital Competition 2022
Who Can Apply For SHEBA 2022?
A female entrepreneur in agribusiness (Agritech, production, processing, wholesale & retailing, or any other agribusiness value chain aspect). She can also be in healthcare or provide tech-enabled solutions (fintech, clean-tech, etc). Along with renewable energies, mobility, and fast-moving consumer goods (FMCGs). She has to be from Africa.
See also: Africa’s Business Heroes Competition 2022
The Timeline
- Pre-acceleration (Investment readiness)
- Acceleration program (16 weeks)
- Pitching (Selection of businesses to be recommended to ShEquity)
- Graduation
- Deadline: May 6, 2022
So, are you a woman and a business owner? Would you like to register for SHEBA 2022 and make the best of this accelerator program? Then click here.