ShEquity Partners, an investment firm providing smart investments for impactful, innovative, and scalable female-led and owned businesses in Sub-Saharan Africa, has announced the launch of the fourth edition of its accelerator program, ShEquity Business Accelerator (SHEBA). The 17-week SHEBA program provides venture-building and technical support to African female entrepreneurs across the ECOWAS region who are looking to successfully grow their businesses and become investment ready.
The SHEBA program focuses on impactful, innovative, and scalable businesses in agribusiness (agric tech, production, processing, wholesale, retail, all agribusiness value chain aspects), climate-smart businesses, fast-moving consumer goods (FMCGs), healthcare, mobility/logistics, and tech-enabled businesses (fintech, clean tech, ed tech, etc.). The applicants’ businesses should be duly registered in ECOWAS countries, female-owned and managed with a minimum of 51% female ownership, and in operation for at least 24 months.
In addition to the robust program development focus, SHEBA offers the opportunity to receive funding from ShEquity and other investors within the ShEquity network. After the acceleration program, qualifying businesses are recommended to the ShEquity team for investment consideration. The typical ShEquity seed investment ranges between US$50K and $250K, with an additional opportunity for post-investment support.
The call for applications is only for Anglophone applicants with businesses duly registered in West Africa. A separate call for Francophone applicants with businesses registered in West Africa will be issued separately.
If you are a female entrepreneur in West Africa with a registered business in agribusiness, climate-smart businesses, FMCGs, healthcare, mobility/logistics, or tech-enabled businesses, and are looking to take your business to the next level, apply for the ShEquity Business Accelerator program. The program provides an excellent opportunity to receive funding and support to grow your business and become investment-ready.
For more information, visit the official webpage of the ShEquity Business Accelerator program 2023.