Women Business Accelerator – 2022

Supercharging Somali Startups since 2012

About the Program

The Women Accelerator is a 4-week program that selects, offers essential business skills training and funds female-owned startups in Somaliland. The top 6 startups will receive an investment of up to USD 30,000 from Innovate Ventures.

The program has an alumni network of over 100 startups and has invested over USD 200,000 in the 26 most promising businesses.

Program benefits:
  • 4 weeks of intensive training and business mentorship
  • Access to our vast network, including leading banks
  • Pitching in front of local and international investors
  • Features in local and international media
  • Equity funding for 6 startups of up to USD 30,000


March 11, 2022
Organizer Innovate Ventures
Website Visit website
Targets Africa
Sectors Sector agnostic
SDG (17) All

About Innovate Ventures

Innovate Ventures is the leading Somali startup accelerator and funder. The organization provides training, mentorship, office space, networking, exposure, and investment to startups.

Innovate Ventures is the leading Somali startup accelerator and technology fund. The program partners with VC4A, Telesom, and Oxfam as part of Work in Progress! Alliance. To date, the program has graduated over 100 start-ups and has invested almost $200,000 in its graduates. As part of the acceleration package, you will receive training, mentorship by domain experts, access to an extensive business network, visibility, and a chance to get investment. Innovate Ventures (IV) is proud to foster collaborations between existing and new ventures by directly supporting those with great ideas with training, mentorship, capital, and physical resources. We aim at making real, tangible and measurable contributions bottom-up. Our goal is to nurture innovation and make ideas shine. 

Eligibility criteria

  • Woman business owner or woman with a business idea.
  • Age 18 – 35 years old
  • Business is based in Somaliland
  • The owners are committed to attending the accelerator program in Hargeisa

Application process

  1. Complete the application form before March 11, 2022.
  2. The selected startups will get an invitation to the pre-accelerator bootcamp at the Innovate Ventures offices in Hargeisa by the first week of April.
  3. The top 12 start-ups from the bootcamp will participate in the 4 weeks accelerator program where they will receive mentorship and business skills training from experienced entrepreneurs.
  4. At the end of the 4 weeks the start-ups will pitch on the Demo Day in front of a jury, the media, as well as local and international investors.
  5. The top 6 startups will receive up to USD 30,000 in equity investment from Innovate Ventures.