Empower Your Business Growth: Apply for Growth4Her Cohort 3 – Transforming Women-led SMEs in Nigeria and Cameroon!

Are you a woman-led SME in Nigeria or Cameroon ready to take your business to the next level? Growth4Her is back with its third cohort, offering an unrivalled opportunity to supercharge your business growth trajectory! Following the tremendous success of its previous cohorts, Growth4Her is inviting passionate and ambitious women entrepreneurs to join its third cohort. This program offers a unique blend of intensive capacity-building, psychosocial support, mentorship, and access to financing opportunities and markets. Seize this opportunity to transform your SME into a growth-powered business with Growth4Her’s proven support system. 

About Growth4Her 

Growth4Her is an investor readiness accelerator program co-created and implemented by Creative Space Startups, Sociocapital Impact Group, The Learning Gate, and ActivSpaces.  

Growth4Her supports and empowers women entrepreneurs, providing them with the capacity and tools to transition from small to high-potential, fundable growth-stage businesses. The program equips beneficiaries with investment readiness skills, connects them directly to funders, and cultivates an ecosystem that supports their businesses. 

In 2021, the African Development Bank (AfDB) reported a $42 billion gender financing gap in Africa, a significant concern addressed by Growth4Her as an AFAWA Women Entrepreneurship Enabler. Funded by AfDB’s AFAWA initiative, over the next five (5) years, the program aims to empower 1,500 women entrepreneurs across 10 African cities, with a specific focus on Women-led Small and Medium Enterprises (WSMEs). 

What We Offer 

• Capacity Building & Mentorship: Refine your skills with investor readiness training, market access strategies, and financial management techniques. Access to dedicated mentors and a network of empowered women entrepreneurs. 
• Psychosocial and Policy Support: We advocate for policy reforms and work with communities to enable a culture of support for women entrepreneurs to perform better in their businesses. 
• Access to Funding: Get investor-ready and connect with potential funders to secure the capital your business needs to thrive. 
• Access to Market: Unlock new markets across Africa and beyond with our expert guidance and network. 
• Media Exposure: Receive well-deserved media attention to amplify your brand and attract new customers. 

Eligibility Criteria 

• For a company to be eligible as a women-owned business, it should meet at least one of the following criteria: 
  • The business must be 51% owned by a woman.  
  • The business must be at least 20% owned by a woman and have a woman serving as a C-Level Executive (CEO, COO, CTO, CFO, etc).  
  • The business must have a board of directors, and at least 30% of the board should be women. 
• The business should have between 5 and 300 employees and operate in Cameroon or Nigeria. 
• The business should have annual sales between US$35,000 and US$15 million. 
• The business should have assets worth between US$100,000 and US$15 million. 
• The applicant can dedicate one week to an intense virtual/ physical boot camp. 
• The applicant can dedicate 3 hours for mentorship engagement for a period of 8 weeks (about two months). 

Don’t miss this chance to join a movement of empowered women entrepreneurs! Apply today and unlock the full potential of your business! 

Application Deadline: 4 March 2024  

Apply Now: www.growth4her.org/apply  

For more information, visit www.growth4her.org/ or send us an email at [email protected]