The selected startups will participate in a two-day intensive training program designed to significantly strengthen their investment readiness strategies. This strategic Pre-Acceleration Phase serves as a vital opportunity for both Reach for Change and our partner, Village Capital, to thoroughly assess the potential and progress of these promising ventures.
"We are incredibly excited to welcome these 80 startups to the ESEA program. Their dedication to addressing climate challenges through innovative solutions is inspiring. The Pre-Acceleration phase is meticulously designed to equip them with the essential tools and knowledge needed to attract investment and scale their impact."
The Pre-Acceleration training will provide participants with foundational insights into various aspects of investment readiness, including business model refinement, financial projections, pitching strategies, and impact measurement. It's a critical stepping stone for these entrepreneurs on their journey to sustainable growth.
Following this intensive training, a select group of high-potential startups will advance to the Full Acceleration Phase of the ESEA program. This subsequent phase offers an even more comprehensive support system, including:
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In-depth training: Tailored workshops and masterclasses to address specific growth challenges.
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Access to dedicated mentors: One-on-one guidance from experienced entrepreneurs, investors, and industry experts.
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Potential funding opportunities: Connections to investors and pathways to secure crucial capital for scaling.
The ESEA program, delivered in collaboration with Village Capital, with backing from Norad – the Norwegian Agency for Development Cooperation, is committed to nurturing a vibrant ecosystem of climate-focused innovation in Africa.
"We believe that by investing in these early-stage businesses, we can drive significant positive environmental and economic change across the continent."
Reach for Change Ghana looks forward to witnessing the growth and impact of these 80 selected startups as they embark on this transformative journey.
About Reach for Change Ghana:
Reach for Change is a global non-profit empowering social entrepreneurs with skills, network, and funding to scale their impact. We envision an inclusive world where every individual, regardless of background or circumstances, has the power and agency to take charge of their own path. We work hands-on to help social entrepreneurs build sustainable ventures.
By focusing on solving critical societal challenges, we drive positive change for some of the most vulnerable groups across the globe. And alongside our partners, we push for policies and structures that allow innovative solutions to see the light of day. Learn more at: https://ghana.reachforchange.org/.
About Village Capital:
Village Capital is reinventing the system to back the entrepreneurs of the future. Known for its groundbreaking approaches to supporting founders who are building solutions to emergent environmental, social, and economic challenges, VilCap unlocks critical social and financial capital for early-stage companies to maximize business and impact growth.
Village Capital has operated in sub-Saharan Africa since 2012, running over 24 accelerator programs serving entrepreneurs in 27 countries in the region. VilCap has supported more than 180 locally-based startups and 78 Entrepreneur Support Organizations (ESO) working in sectors such as financial health, hardware, sustainability, and the future of work. Learn more at www.vilcap.com and follow @villagecapital.
For inquiries about ESEA, contact:
Reach for Change Ghana:
- Andrews Akoto-Addo - [email protected]
Village Capital:
- Eva Waweru - [email protected]
