Applications are now open for the VILLAGE CAPITAL GREENTECH AFRICA INVESTMENT-READINESS ACCELERATOR 2024. The Village Capital Greentech investment-readiness accelerator is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change across Africa.
Application Deadline:Â MAY 10, 2024
An investment-readiness accelerator called Greentech 2024: The Future of Sustainability aims to promote creative and sustainable solutions that actively help to reduce the consequences of climate change and increase resilience. The Moody’s Foundation-backed Africa program will give preference to diverse-led firms and/or startups that support sustainable solutions for underserved areas and are based in Egypt, Kenya, Nigeria, Senegal, and South Africa.
Eligibility
Eligibility requirements include:
- Must be a for-profit entity with legal incorporation and operations in at least one of these African countries: Egypt, Kenya, Nigeria, Senegal, and South Africa.Â
- Have a market-based tech solution that tackles the above-listed challenges in Egypt, Kenya, Nigeria, Senegal, and South Africa.Â
- Be in compliance with local fiscal and business law.
- Have at least a minimum viable product (MVP), some traction under their belt, and raised less than USD 1M in equity.
- Have meaningful customer or business validation (not limited to revenue, it can also be successful pilot studies, number of users, and/or strategic partnerships).
- Have at least one full-time founder based in Egypt, Kenya, Nigeria, Senegal, or South Africa.
Startups
- Cleantech and Climate Tech
- Agtech and Food Security
- Circular and Regenerative Economy
- Natural Resource Management
- Water, Sanitation, and Health
Benefits for the VILLAGE CAPITAL GREENTECH AFRICA INVESTMENT-READINESS ACCELERATOR 2024
Continued learning
Join interactive sessions tailored to help your startup identify early milestones and prepare for your next round of capital.
Mentorship
Opportunity to meet with and receive mentorship from prominent investors, potential strategic partners, customers, business leaders, and other founders.
Financial Advice
Access to an investment analyst who will coach you one-on-one on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.
Exposure
Exposure to Village Capital’s program website and other communications collateral.
Connections
Build deep connections with other founders in your cohort and the larger Village Capital investor and alumni network. Participate in investor and stakeholder forums with representatives from relevant institutions, corporations, and investors.
Timeline:
- March 4, 2024: Applications open
- MAY 10, 2024: Applications close
- JULY, 2024: Cohort confirmed
- AUGUST, 2024: Online workshop 1
- SEPTEMBER, 2024: Online workshop 2
- SEPTEMBER, 2024: In-person workshop
