Women Business Accelerator

Supercharging Somali Startups since 2012

Overview

Jan 31, 2021
Innovate Ventures Accelerator
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Somalia
ICT

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 4 startups will receive an investment of up to $20,000 from Innovate Ventures.

The program has an alumni network of over 50 startups and has invested over $150,000 in the 18 most promising businesses.


About Innovate Ventures

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


Eligibility

  • 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

Benefits of the program

  • 4 weeks of intensive training and business mentorship
  • Access to our vast networks including leading banks
  • Pitching in front of local and international investors
  • Features in local and international media
  • Equity funding for 4 startups of up to $20,000

Application Process

  1. Complete the application form before January 31st 2021.
  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 February.
  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 Demo Day in front of a jury, media, local and international investors.
  5. The top 4 startups will receive up to $20,000 in equity investment from Innovate Ventures.

What’s next?

Submit your application today! Applications close before 31st January 2021.

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