The Ygap Kenya has announced applications for the March 2023 accelerator program.
The program help ventures to refine and validate their business model, move towards financial sustainability and grow the impact that they are having in their community.eratorprog
“Ventures that complete the Ygap Kenya Accelerator Program expand their ability to increase revenue, create employment opportunities, secure further investment, and make a real difference in the communities they operate within,” stated the firm.
Selected enterprises will commence the program by attending a live-in capacity-building boot camp where their business models are strengthened, they will network and be imparted with the tools they need to grow.
The organization also does follow-ups after the boot camps to ensure that the ventures are accountable.
“Our officials also conduct business development sessions, strategic and operations coaching, masterclasses and webinars, access to catalytic grants, on-site business development sessions, and brokered linkages to mentors, customers, advisors, and other players within the entrepreneurial ecosystem.”
According to Ygap, the eligible candidates are supposed to be:
Ventures that have already launched and are currently operational. In most cases, participating ventures must be formally registered and proof of this status will be required (unless this does not apply to where your business runs).
Those that are post-revenue and able to provide evidence of commercial transactions.
Ventures that recognize and desire the benefits and value of participating in the Ygap program.
Enterprises that have a social or environmental focus. Through the operation of the business, ventures must be working toward making their community, their city, or their country a better place.
Also, start-ups that are “local” to the issue they’re solving, intimately connected to their community, passionate and committed, will be considered.
In addition, businesses that have a unique element to their business. It could be a unique product or service offering, a unique production method, or a unique business model.
The organization invests deeply in the enterprises they support and expect the same level of dedication and investment in ventures participating.
Ygap is an international organization that creates positive change by making entrepreneurship more inclusive.
Applications are open until December 5.