GrowthAfrica has entered into a partnership with Village Capital to run a program dubbed Village Capital Nairobi program at The GrowthHub.
The Program will run for 20 weeks from August to November 2012 and consist of six 3-day workshops where the finalists’ businesses will be analysed from different angles.
Subsequent to each workshop, identified improvements will be implemented with the support from several carefully selected, experienced mentors.
The finalists will also receive trainings from experts as well as spend time doing peer reviews that will be useful during the course of the program.
With over a decade of experience dealing with start-ups and small businesses in East Africa, GrowthAfrica will be hosting the program at its newest entrepreneurial space in Nairobi, The GrowthHub.
The workshops will be based on GrowthAfrica’s proprietary tool, the ValueCompass, an intuitive tool and collection of insights, based on the accumulation of GrowthAfrica and its founders’ decade long experience in starting and growing businesses in Africa.
Two winners, to be selected on the final day, will each receive USD 50,000 in pre-committed capital.
“It is not a typical business competition, it is very collaborative and the winner is chosen by the participants, which means the participants have to be very strong and “competitive” in the first place.” Johnni Kjelsgaard, The Chief Executive at GrowthAfrica said.
In addition, 12 to15 participants will be selected from entrepreneurs running enterprises that have measurable social impact, are for profit and post idea stage in the fields of mobile/IT, green tech, and those providing innovative essential services in (health, water/sanitation & education) industries.
Applications run until June 30, 2012 at Thegrowthhub.com/vilcap.
