Deadline: 31 July 2024
ygap South Africa Agripreneur Accelerator Program is providing support for entrepreneurs who are looking to grow their impact focused venture.
The ygap South Africa Accelerator Program helps ventures to refine and validate their business model, move towards financial sustainability, and grow the impact that they are having in their community.
Completing the ygap South Africa Accelerator Program will expand your ability to increase revenue, create employment opportunities, secure further investment, and make a real difference in the communities you operate within.
What it looks like?
- Bootcamp days will help you to strengthen your business model, meet a cohort of like-minded entrepreneurs, and equip you with the tools you need to grow.
- The team of local experts will provide 12 months of tailored support, including business skills development, technical support, strategy insights and mentor support, connections to international partner networks, peer learning and access to a global community of entrepreneurs.
What will I get out of this program?
- Ventures chosen for the ygap Accelerator Program will graduate with:
- A proven and validated Theory of Change
- Proof of product-market fit with a clear value-proposition for key customer segments
- A validated business model that verifies the desirability, the feasibility and the viability of the business
- Detailed financial statements including income statements and cash flow statements
- Proven growth traction demonstrated through data across key metrics
- A reasonable and viable 12-month growth plan with a clear plan of action, quarterly milestones and projections
- They expect that ventures who complete the ygap Accelerator Program to increase their revenue, create employment opportunities and secure further investment, thereby making a real difference in the communities they operate within.
Who they’re looking for?
- Ventures that are operating in the area of Agriculture. They particularly encourage Black and women-led businesses working in the areas of climate and sustainability, livelihoods or food security.
- Ventures that are post-revenue and able to provide evidence of commercial transactions.
- Ventures that clearly recognise and desire the benefits and value of participating in the ygap program. ygap invests deeply in the ventures they support, and expect the same level of dedication and investment in participating in the ygap program.
- Ventures that have a social or environmental focus. Through the operation of the business, ventures must be working toward making their community, their city, or their country a better place.
- Ventures that are “local” to the issue they’re solving, intimately connected to their community, passionate and committed, and it for the long-haul.
- Ventures that have already launched and are currently operational. In most cases, participating ventures must be formally registered and proof of this status will be required (unless this is not applicable to where your business runs).
For more information, visit ygap.