Deadline: 25 October 2023
The Wonder Program aims to strengthen the capacity of 150 women entrepreneurs through training, to enhance business productivity and growth, in a period of 3 years.
This will be achieved by equipping them with skills, knowledge and tools to optimise and refocus their businesses for growth and scale up.
The WONDER investor readiness and business development accelerator program is designed to build 30 formal women-led enterprises with special regard to their innovative potential, as well as to their social and environmental sustainability for the next one year.
The impact of the project will be demonstrated through an innovative approach to improve African enterprises’ access to finance, and delivery of training/services to combine skills enhancement and business acceleration, and individual mentorship.
The WONDER program implemented in Kenya and Cameroon has been funded by the African Development Bank under the Affirmative Finance Action for Women in Africa (AFAWA) initiative.
Benefits
- Access to expert coaches and mentors to optimise their idea
- Flexible Solutions
- Participate in a 9 month tailored accelerator program
- Networking opportunities across the region
- Access to potential investors
- Collaboration opportunities with peers in the industry
- Recognition and publicity through the WONDER website page and related publications.
Application Criteria
- Women-owned enterprises or enterprises with women as majority shareholders
- Preferably, enterprises with women at management level; CEO/COO
- Where a Board of Directors exist, at least 50% of the composition should be women
- Enterprise should have the capacity to absorb a loan size between $5,000 and $1,000,000
- Enterprise has between 5 and 300 employees, with at least 50% as women
- Have annual sales of between $100,000 and $15,000,000
- The enterprise should be registered in Kenya.
For more information, visit AFAWA.
