GIZ-Make-IT in Africa and Innohub partner to launch Agritech Investment Readiness Accelerator Programme
Innohub, in partnership with the GIZ implemented Make-IT in Africa programme, is excited to announce the launch of the Agritech Investment Readiness Accelerator 2020 to support the scaling of the next generation Agritech ventures.
Small and Growing Business (SGBs) in Ghana face several obstacles in their efforts to grow their businesses.
Advertisement
Key among these obstacles is the lack of access to financing as well as an inability to pay for professional support services that prepare them to become investment ready.
Although funding is a critical anchor for business growth, SGBs in Ghana are highly marginalized and fail in their attempts to raise funding from all sources.
While several factors account for their inability to attract investment, unstructured business, undefined growth path, and unproven business models, happen to make them unattractive to investor networks.
Innohub in partnership with GIZ-Make-IT in Africa have developed a programme to address these gaps and prepare proven Startups for investments.
This Investment Readiness Accelerator Programme design is anchored on tried and tested investment-readiness programs which has been applied to larger businesses in successful capital raise projects.
Majority of SGBs cannot afford to pay for management consulting to become investment-ready. Hence, it is important that accelerator programmes like these come to the aid of SGBs.
The programme is designed to identify Agritech entrepreneurs and Startups offering innovations by combining digital solutions with proven business model to contribute to the economy and Sustainable Development Goals.
It will run for three months, combining virtual sessions, tailored one-on-one consulting sessions, group training, and peer review sessions, using best practices that will ensure optimum outcomes.
Interested startups should visit
https://vc4a.com/innohub/innohub-agritech-accelerator/application/ to apply.
Please email us at [email protected] for any further clarification.
About Make-IT in Africa
The Tech Entrepreneurship Initiative ‘Make-IT in Africa’ promotes digital innovation for sustainable and inclusive development in Africa. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as part of BMZ’s Digital Africa Initiative.
In its four-year project phase, Make-IT supports tech start-ups in their early growth phase, and strengthens public and private intermediaries of the entrepreneurial ecosystem. Key focus areas: Better access to finance, Capacity building for growth, Better access to markets, Innovation ecosystem support.
About Innohub
Innohub is a Business Accelerator and Impact Investment Platform that helps Small and Growing Businesses (SGBs) with high growth and impact potential to become investment ready, sustainable and scalable to achieve profitability and social impact.
Innohub focuses on bridging the existing gap between SGBs and impact investors and seeks to address this through integrated innovation. Innohub is the sponsor of SME finance vehicles such as Wangara Green Ventures Capital Fund and the Accra Angels Network.
EDITOR'S NOTE: THIS IS A SPONSORED ARTICLE
