Deadline: 14 May 2024
If you represent an African health business with strong ambitions to expand your impact locally or across the continent, African Union Development Agency (AUDA-NEPAD) urge you to apply to receive the support over the course of 2024 and, together, help strengthen Africa’s health systems.
The Home Grown Solutions (HGS) Accelerator for Pandemic Resilience is an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience, in line with the African Union’s Energize Africa Initiative and Agenda 2063 aspirations. This is achieved through offering hands-on and tailored support to early-, growth- and mature stage healthcare businesses. The African Union Development Agency (AUDA-NEPAD) founded the Accelerator initiative in partnership with the Japan International Cooperation Agency (JICA), the official development assistance agency of the Government of Japan.
Offering
They will work shoulder-to-shoulder with your team to design and deliver a customized, four-month acceleration roadmap in 2024, to support your company’s specific growth needs across three key areas:
- Context specific advisory
- They have a team of world class consultants to diagnose your business needs and deliver tailor-made business advisory services
- Investment readiness support
- They help you be better prepared for fund raising including business model validation, pitch preparation and linking you to capital needed to scale
- Matching to strategic partners
- They will leverage the network and introduce you to leading organizations to grow your business through partnership
Eligibility Criteria
They have 3 application criteria you will have to meet to be considered for the fourth cohort:
- You are a growth or mature stage company, meaning you must
- Be registered as a for-profit entity
- Demonstrate clear market traction and sizable customer base
- Express ambition and potential to scale beyond your current size
- You strengthen Africa’s health system, for example
- You manufacture medical consumables or devices on the continent
- You provide healthcare services to patients, be it diagnostic, treatment or otherwise
- You provide technology solutions to strengthen health access or delivery
- You can be described as a Home Grown Solution, meaning you must
- Operate mainly or solely in Africa (preference for companies operating across countries)
- Employ mostly local staff in the markets in which you are active
- Have strong African representation in your leadership.
For more information, visit African Union Development Agency (AUDA).
