RevUp Women Initiative Call for Women-Led Businesses in Africa ($10,000 USD grants Available)

RevUp Women Initiative Call for Women-Led Businesses in Africa

RevUp Women Initiative is an enterprise development Programme for early-stage women-led businesses in Africa. It is designed to accelerate these businesses into profitable & sustainable ventures that can stimulate the creation of jobs on the continent. The initiative aims to foster gender equality and inclusive economic growth through enterprise development training, mentorship, peer-to-peer learning and providing access to finance. This cohort is funded by The Visa Foundation.

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RevUp Women Initiative Call for Women-Led Businesses in Africa

AfriLabs is calling on women-led businesses across select locations in Africa to apply for this cohort of the initiative. In this cohort, 500 businesses will go through a rigorous training and mentoring session and ten, one in each pilot city will be selected to be funded by the programme. Each of the selected businesses will be funded with a matching grant of 10,000 dollars, following the criteria and model of the Catalytic Africa fund. 

Eligibility Criteria for the RevUp Women Initiative Call for Women-Led Businesses in Africa

The applications are open to early-stage women-led businesses across Africa. These businesses must meet the following criteria before applying;

• At least 51 per cent owned by a woman
• Be led by a woman 
• Be located in any of these cities in Africa
  • Nigeria –  Lagos, Abuja
  • South Africa –  Johannesburg, Cape Town
  • Cameroon – Douala, Yaounde
  • Kenya –  Nairobi, Kisumu
  • Democratic Republic of Congo-  Kinshasa, Lubumbashi
• Have an already existing service or product
• Have evidence of sales of existing services or product 
• Have an existing business model
• Registered and incorporated in the country of operation
• Be operational for at least 6 months
• Be able to dedicate 8 weeks to an intense hybrid training and mentoring session

Note: Evidence of sales would be requested during the due diligence phase

Benefits of the RevUp Women Initiative Call for Women-Led Businesses in Africa

• Access to high-quality female mentors Across Africa
• 10 business owners will be selected to be funded with 10,000 dollars following the Catalytic Africa guidelines 
• Access to additional funding opportunities for participants and a network of funders across Africa
• Access to the AfriLabs network

Application timeline

•         Application opens on 28th June 2023.
•         Application closes on 14th July  2023.

Apply Here for the RevUp Women Initiative Call for Women-Led Businesses in Africa

RevUp Women Initiative Call for Women-Led Businesses in Africa