Aceli Africa is calling on African startups with high impact agricultural enterprises for its application.
If your venture is generating an annual revenue between the range of $500k and $5m and you are based in Rwanda, Kenya, Uganda or Tanzania then you can apply for Aceli Technical Assistance Grant.
Aceli Africa is providing businesses that qualify, support running up to $15,000 with the qualifying ventures sharing in the 20-30% cost based on their generated revenue.
Aceli Africa is also offering a pool of advisory partner firms the startups can work with to carry out diagnostics services as part of the program.
The advisory firms will offer the startups a better understanding of how to prioritize important business needs.
The advisory firms include:
- Africa Development Consultant (Rwanda and Tanzania)
- Africa Turnaround (Kenya and Rwanda)
- Asigma Capital (Rwanda and Uganda)
- Diligent Consulting (Tanzania)
- Open Capital Advisors (Kenya, Rwanda, Tanzania and Uganda)
- Samawati Capital & Blue Inventure (Kenya)
- Wylde International (Kenya and Uganda)
How to apply
Do you run a high impact agricultural enterprise? Are you experiencing stunted growth based on some aspect of your business? Are you experiencing challenges in accessing funds? Then go ahead to apply here.
About Aceli Africa
Across Sub-Saharan Africa, only 25% of the estimated $240 billion market for agricultural finance is currently being met. Of the $180 billion annual gap, there is a $65 billion shortfall for agricultural SMEs.
Aceli Africa is a market incentive facility designed to make agricultural SMEs more attractive to lenders, while aligning lenders’ portfolios with development goals.
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