A recent survey reports that Uganda, Botswana, and Ghana rank as the world’s three leading economies having the highest percentage of women business owners.
This fact bears testament to the fearlessness and ingenuity of African women entrepreneurs who, despite the economic and social challenges facing their entrepreneurial ecosystems, are making impacts in their respective communities.
As good as this sounds, the World Bank research finding shows that although women’s entrepreneurship is increasing faster in Africa than elsewhere, however, most of the businesses are micro-small enterprises that hardly grow into larger profitable and sustainable businesses.
Knowing the problems faced by women entrepreneurs as well as the untapped growth potential of women’s enterprises, the Graça Machel Trust in collaboration with Virgin Unite launched the Women Creating Wealth- WCW program.
About Women Creating Wealth program
A Pan African women’s entrepreneurship accelerator, WCW seeks to bolster the confidence and skills of women entrepreneurs, enabling them to overcome their challenges and growth barriers and scale up their businesses.
To date, 400 outstanding entrepreneurs have been selected and successfully graduated from the program in Malawi, South Africa, Tanzania, and Zambia. If you’re interested in participating in the WCW 2021, check out the criteria below.
The WCW 2021 accelerator is a 16-week long program scheduled to begin on Monday, March 1, 2021.
To qualify, you must
- Be a registered female business owner;
- Be operating the business for at least two years in Free State or Limpopo, South Africa;
- Focus on the priority sector which is Agribusiness /Agro-processing;
- Have a minimum of a metric qualification;
- Generate a minimum current turnover of R 10 000 every month;
- Be willing to fully participate in the program throughout the 16 weeks (March-June 2021);
- The commitment fee of R1 850 per business is mandatory upon acceptance and registration
Selected Participants will receive
- Training sessions and peer coaching;
- Insights on how to identify and harness business opportunities;
- Knowledge of strategies that attract markets, finance, and talent to grow their business nationally, regionally, and globally;
- Mentorship opportunity from business experts;
- Membership of ‘Women Creating Wealth’ a Pan African network of businesswomen.
Applications close on Monday, February 8, 2021. Apply here, if you wish to participate.
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