Apply for the Acumen/IKEA East Africa Social Entrepreneurship Accelerator Programme

LEARN TO SCALE YOUR BUSINESS WITH IKEA SOCIAL ENTREPRENEURSHIP AND ACUMEN

In partnership with IKEA Social Entrepreneurship, we’ve packaged an accelerator program designed to support social entrepreneurs to develop a scalable business model. This 19-week program will strengthen the capacity of social enterprises in East Africa to scale and improve the lives of the poor and vulnerable.

IKEA Social Entrepreneurship is an initiative within IKEA that’s all about making a positive impact. It works with pioneers and pathfinders who use their business as a way to make everyday life better for those who need it most and strives towards a more equal and inclusive society.

Eligibility

This program is designed for social enterprises with demonstrated market traction and, on average, the equivalent to 3 full time staff staff members. In general, you should have raised less than 1 million in seed funding (grant funding or equity).

Successful candidates are social entrepreneurs from East Africa who:

  • Run a social enterprise (nonprofit of for-profit) based in Kenya, Uganda, Rwanda, or Ethiopia.
  • Have demonstrated market traction and are post-revenue.
  • Have a team equivalent to 3 full time staff.
  • Focus on promoting livelihoods, equality and inclusion

What you will do in the program

  • Refine and test hypotheses for developing a scalable business model.
  • Develop a robust social impact and financial strategy.
  • Gain best practices for forming partnerships to achieve scale.
  • Gain best practices for forming partnerships to achieve scale.
  • Learn from practical case studies of other East African social enterprises that have successfully scaled.
  • Pitch your business to investors and other stakeholders at a final showcase.
  • Build networks with other entrepreneurs and supporters in East Africa and beyond.

For more information about this opportunity and to apply, visit the official website here.

 

 

 

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