Deadline for submissions is 21 April 2023
ShEquity Partners (“ShEquity”), an investment firm providing smart investments for impactful, innovative, and scalable female-led and owned businesses in Sub-Saharan Africa, has announced the launch of the fourth edition of its accelerator program, ShEquity Business Accelerator (SHEBA). The 17-week SHEBA program provides venture-building and technical support to African female entrepreneurs across the ECOWAS region who are looking to successfully grow their businesses and become investment ready.
The call for applications is only for Anglophone applicants with businesses duly registered in West Africa. A separate call for Francophone applicants with businesses registered in West Africa will be issued separately.
SHEBA addresses the existing gender funding gap by de-risking African female-led businesses, getting them to become investment ready, and equipping the founders with the skill set needed to grow and scale their businesses. The SHEBA program has executed three (3) cohorts of 30 participants each, with participants from the following countries: Benin, Burkina Faso, Ghana, Guinea, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.
ShEquity Investment Summary
The accelerator program is designed to address investors’ concerns and investment risks by focusing on the following: Business Development, Finances, Legal & Governance, Human Resources & Leadership, Marketing & Communications as well as Impact Measurement. This investor-focused approach is complemented by hands-on market testing as well as executive coaching, mentorship sessions, and opportunities to leverage ShEquity and MBC Africa’s pan-African and global networks.
In addition to the robust program development focus, SHEBA offers the opportunity to receive funding from ShEquity and other investors within the ShEquity network. After the acceleration program, qualifying businesses are recommended to the ShEquity team for investment consideration. The typical ShEquity seed investment ranges between US$50K and $250K, with an additional opportunity for post-investment support.
For more information and application.
