YGAP believes that business is a powerful lever for change in the world. That’s why our YGAP AGRIPRENEUR Accelerator Program 2024 is designed to support locally-led, early-stage ventures focused on creating positive impact in their communities.
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The ygap Accelerator Program helps these impact ventures to refine and validate their business model, move towards financial sustainability, and build on their ability to create change in their communities. Participants of this program will expand their network by joining a cohort of like-minded entrepreneurs and will receive technical support and advice from our team of local experts that is tailored to the specific needs of their venture. We are committed to supporting the growth of locally-led impact ventures who have shown the drive, talent and conviction to create change in their own communities.
Eligibility
The ygap Accelerator Program works firmly at the validate stage of the entrepreneurship value chain and supports ventures with the following eligibility:
- Must have already launched and be currently operational. In most cases, participating ventures must be formally registered and proof of this status will be required (unless this is not applicable to where your business runs).
- Must be post-revenue and able to provide evidence of commercial transactions.
- Must have an element to their business that is unique. It could be a unique product or service offering, a unique production method, or a unique business model.
- Must have a social or environmental focus. Through the operation of the business, ventures must be working toward making their community, their city, or their country a better place. To validate the positive impact that the venture is making, we align to the United Nations Sustainable Development Goals (SDGs).
- Must be “local” to the issue they’re solving, and intimately connected to their community. Growing an early-stage impact venture is hard, so we want to ensure that the team behind the venture is passionate and committed to solving the problem, and is in it for the long-haul.
- Must clearly recognise and desire the benefits and value of participating in the ygap program. ygap invests deeply in the ventures we support, and expect the same level of dedication and investment in participating in the ygap program.
What they are looking for:
- Ventures that are operating in the area of Agriculture. We particularly encourage Black and women-led businesses working in the areas of climate and sustainability, livelihoods or food security.
- Ventures that are post-revenue and able to provide evidence of commercial transactions.
- Ventures that clearly recognize and desire the benefits and value of participating in the ygap program. ygap invests deeply in the ventures we support, and expect the same level of dedication and investment in participating in the ygap program.
- Ventures that have a social or environmental focus. Through the operation of the business, ventures must be working toward making their community, their city, or their country a better place.
- Ventures that are “local” to the issue they’re solving, intimately connected to their community, passionate and committed, and it for the long-haul.
- Ventures that have already launched and are currently operational. In most cases, participating ventures must be formally registered and proof of this status will be required (unless this is not applicable to where your business runs).
Benefits OF ygap Agriprenenur Accelerator Program 2024
Ventures chosen for the ygap Accelerator Program will graduate with:
- A proven and validated Theory of Change
- Proof of product-market fit with a clear value-proposition for key customer segments
- A validated business model that verifies the desirability, the feasibility and the viability of the business
- Detailed financial statements including income statements and cash flow statements
- Proven growth traction demonstrated through data across key metrics
- A reasonable and viable 12-month growth plan with a clear plan of action, quarterly milestones and projections
- We expect that ventures that complete the ygap
- Accelerator Program to increase their revenue, create employment opportunities and secure further investment, thereby making a real difference in the communities they operate within.
Deadline: 31st July ,2024
For more information about the YGAP AGRIPRENEUR ACCELERATOR PROGRAM 2024, VISIT THE YGAP ACCELERATOR OFFICIAL WEBSITE
