Ongoza startup accelerator

Become a business leader of tomorrow

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Ongoza is recruiting promising young entrepreneurs looking to scale their existing businesses. Our accelerator program pairs selected entrepreneurs with highly experienced Business Development Advisors and connect them to a range of expert services, training, links to customer opportunities, and a broader network of fellow entrepreneurs.

BUSINESS CRITERIA

  • Proof of existence for last six months
  • Registered or in process of registration
  • Average monthly turnover of 150,000 Ksh ($1,500) and up
  • Rapid turnover business with the potential to scale in any sector
  • No rain-fed agriculture with short-term land leases

ENTREPRENEUR CRITERIA

  • 35 years old or younger
  • Full-time engagement in business
  • Entrepreneurial: Clear vision and desire for growth (vision), demonstrated persistence in face of failure (grit), and belief that hard work leads to success (growth mindset)
  • Clear commitment to sustainable business practices, social impact, or local leadership

The accelerator will begin with an 8-week course designed to provide the business expertise necessary for growth. Outstanding entrepreneurs will then be selected to progress to the second phase of the accelerator: 10 months of 1-on-1 business advisory support, access to low-cost debt financing, skills workshops, market linkages and networking opportunities with peers, investors, etc.

Accepted entrepreneurs will be asked to pay a heavily subsidized fee of 5.000 ksh at the beginning of each month.

Overview

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August 30, 2018
Program dates Sep 1, 2018
OrganizerOngoza
Website Visit website
Targets Kenya
Sectors
Consulting and business development, EdTech, HealthTech, Information technology, Manufacturing, Media production, Retail

Team