ACTIV’INVEST

An investment readiness and access to finance program

You are the head of an SME or a project leader and want to accelerate your access to financing?

You are ambitious and want to be part of the national champions in the long term? Apply to the “ACTIV’INVEST – Open the Path for Funding” program! 

ACTIV’INVEST is an investment readiness and access to finance program for SMEs and project leaders funded by the European Union and implemented by ENABEL, the Belgian Development Agency.

If you are selected, you will pitch your project to our partners in order to be financed and raise funds. You will benefit from personalized support adapted to your needs for the development of your company. You will be supported in the revision and/or formalization of your business plan, attend technical trainings, build a link with a mentor corresponding to your profile, and benefit from a connection with a network of financial partners.

N.P. SMEs or project leaders from all over the world, with a scope of intervention in Senegal are welcomed to apply.

Overview

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January 27, 2022
Program dates Jan 30 - Apr 30, 2022
Organizer Enabel
Website Visit website
Targets Senegal
Sectors Sector agnostic

Are you looking for?

  • Access to financing.
  • Pitching your business project to our financial partners.
  • Improve your technical skills in relation to the formalization of your business or the strengthening of your business model.
  • Be mentored by recognized professionals to maximize your chances of being financed.
  • Benefit from specialized advice on your business sector.
  • Meet potential customers and increase your visibility with key decision makers.
  • Find business partners and new business opportunities.
  • Contribute to national development by creating jobs in Senegal.

What do we offer?

What we offer to all SMEs or project leaders selected by us:

  • A free three-month coaching program with a flexible schedule.
  • Intense sessions to review the tools that make up your business model.
  • Group training sessions based on specific technical skills.
  • Individual mentoring sessions.
  • Networking events to connect you with potential clients and/or partners.
  • Privileged access to local and international financial institutions, key players in the Senegalese ecosystem.
  • Pitch your project to investors.

Eligibility criteria

To be eligible, you must meet the following criteria:

Location: The program aims to impact employability and promote the Senegalese territory, therefore your SME or your project must be located in Senegal. Senegalese from the Diaspora are encouraged to apply as well.

Vision: The program focuses on access to finance, therefore the SME or project must propose a solid short, medium and long term plan.

Availability: Be available from January 30, 2022 to April 30, 2022.

Selection criteria

In order to be selected, you must meet the following conditions:

Motivation: Your expectations concerning the program and the potential contributions to the development of your SME / project.

Organization:
The capacity of the SME or project to be structured and formalized.

Growth potential:
The capacity of your SME or project to have a positive impact on employability and the local economy.

Quality of the offer on the market:
The capacity of your SME or project to meet an existing and perennial need.

Timeline

The application phase is open from December 17, 2021 to January 27, 2022 and will be followed by the deployment of the program after arbitration by a selection committee.
The indicative schedule is as follows:

17-Dec: Start of the call for applications & opening of the online application

27-Jan: Deadline for online application

End of January: Announcement of the winners

From February: Start of the program

Team

Activity