|Location||Cape Town, Western Cape, South Africa|
Retail and wholesale, Agribusiness, Automotive, Banking, Clean technology, Computer hardware, Computer software, Construction, Creative, media and entertainment, Diversified services, E-commerce, Education, Electronics, Financial services, Food and beverage, Healthcare, Insurance, Internet, Leisure and travel, Manufacturing, Mobile, Real estate, Renewable energy, Telecom, Transport and logistics, Waste management and recycling, Water, sanitation and hygiene
The Grindstone Accelerator is an established structured entrepreneurship development programme that assists high-growth innovation-driven companies to become more sustainable and fundable.
Grindstone supplies 20 companies annually with knowledge, networksand funding readiness through growth measurement, gap analysis and deep interventions designed to build a foundation for growth, transfer skills, create relevant business networks and enable these companies to take advantage of market access opportunities.
Business support resources and services will include elements of training, corporate advisory, coaching, mentorship and funding. Specific interventions for each company include doing a due diligence assessment, building a partner universe, developing pitch decks and teaser documents, financial modelling, intellectual property assessment, strategic and financial valuation as well as populating a data room.
In addition to the Funding Readiness Course: Find-Make-Grow-Realise, there will be 6 x 1-day workshops over a 9-month period. That include the following modules and practical workshops.
1. Culture & Strategy
2. Sales & Marketing
3. Market Positioning & Messaging
4. IP, Product & Technical
5. Finance, Valuation and Exit
6. Legal compliance & HR
Through the Grindstone Programme we form long-term partnerships with scale-up entrepreneurs for a shared upside.
The business model is a combination of a capital growth incentive from investing in some participating companies cultivated through the programme (on arm’s-length funding terms), and market-related transaction fees ifthird party investment is secured. Programme partners contributein services, time and sponsorship.
Our Programme Partners include SA SME Fund,Deloitte, Webber Wentzel & Google.
If you would like to apply to our next cohort or to partner with us, chat to us today.