ygap accelerator

backing local change

Overview

Feb 29
YGAP
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Cape Town, Western Cape, South Africa
Africa
Agribusiness, Business services, Clean technology and energy, Utilities, Construction and manufacturing, Manufacturing, Creative, media and entertainment, Education, Financial services, Healthcare, ICT, Leisure and travel, Retail and wholesale, Consumer non-durables, Transport and logistics, Water, sanitation and hygiene, Cars, Household appliances, Luxury goods and jewelry

For impact entrepreneurs around the world, ygap’s accelerator programs provide support and guidance for local leaders with solutions to local problems.


ygap accelerator

Our accelerator programs aim to back impact entrepreneurs – or as we like to call them ‘local leaders’ –who have solutions to local problems in some of the world’s toughest communities.

Rather than imposing our perceived solutions on a foreign community, we support these local leaders who live there and have developed their own. Meaning our role is simply help refine and scale their solutions.


We do this in three stages:

  1. ACCELERATE
    The startups we select go through a one-week live-in accelerator where their business models are strengthened and they are equipped with the tools they need to turn their startups into viable ventures.
  2. SUPPORT
    After the accelerator, we provide strategy and business mentorship, marketing support, legal and accounting help and access to small grants.
  3. GROW
    The most impactful ygap entrepreneurs will move into growth, where they access larger support and funding to grow their ventures.

Who we’re looking for:

Entrepreneur: We believe the best solutions to poverty are entrepreneurial, so we focus on early-stage ventures that exist to improve access to education or healthcare, create jobs or build safer homes.

Local: You’re a local of the area who intimately understands the problems that you are trying to solve.

Early Stage: You will have already launched a venture or run a pilot and have some early traction or proof of concept. You will typically have less than 10 customers or clients and have been in operation for less than two years.

Ventures that are improving lives: At the end of the day, we exist to improve the lives of people living in poverty. If you believe your venture is improving the lives of people living in poverty, we encourage you to apply.

If you’re a founder of an early-stage venture aimed at improving the lives of people living in tough conditions, we want to hear from you! If you don’t hit all of these criteria perfectly, we still encourage you to apply as you may still be considered!

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