Female-focused African investment firm ShEquity Partners has opened applications for the fourth edition of its ShEquity Business Accelerator (SHEBA).
ShEquity is an investment firm providing smart investments for impactful, innovative, and scalable female-led and owned businesses in Sub-Saharan Africa. Its SHEBA programme, run in collaboration with implementation partner MBC Africa, addresses the existing gender funding gap by de-risking African female-led businesses, getting them to become investment ready, and equipping the founders with the skill set needed to grow and scale their businesses.
The SHEBA program has executed three cohorts of 30 participants each, with participants from Benin, Burkina Faso, Ghana, Guinea, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. The 17-week accelerator provides venture-building and technical support to African female entrepreneurs across the ECOWAS region who are looking to successfully grow their businesses and become investment ready.
In addition to the robust program development focus, SHEBA offers the opportunity to receive funding from ShEquity and other investors within the ShEquity network. After the acceleration program, qualifying businesses are recommended to the ShEquity team for investment consideration. The typical ShEquity seed investment ranges between US$50,000 and US$250,000, with an additional opportunity for post-investment support.
Applications are open here until April 21, and are open to Anglophone applicants with businesses registered in West Africa. A separate call for Francophone applicants with businesses registered in West Africa will be issued separately.