AWIEF-AfDB Initiative for Women-owned SMEs in Africa | Apply Now

AWIEF-AfDB Initiative for Women-owned SMEs in Africa

AWIEF-AfDB Initiative for Women-owned SMEs in Africa | Apply Now

Applications are invited from women-owned small and medium enterprises in Nigeria, Kenya, Malawi, Rwanda, South Africa, Tanzania, Zambia, or Zimbabwe for the Solutions Catalysing Increased Access to Capital for the Success of Women Entrepreneurs program 2022. See program details below and submit your application now

Read also: USADF and Stanbic Kenya Foundation Grant for Kenyan SMEs

About

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) and the Affirmative Finance Action for Women in Africa (AFAWA) initiative of the African Development Bank Group (AfDB) have joined forces to drive increased access to finance and markets for women-owned and women-led small and medium enterprises (WSMEs) across Southern, East and West Africa.

The program “Solutions Catalysing Increased Access to Capital for the Success of Women Entrepreneurs” aims to accelerate efforts to address gender inequality and drive inclusive economic transformation.

510 growth-oriented women-owned and women-led small and medium enterprises (WSMEs) will be supported for scale, access to markets, and investment readiness across 8 African countries: Kenya, Malawi, Nigeria, Rwanda, South Africa, Tanzania, Zambia or Zimbabwe.

Read also: International Grants for NGOs and Individuals in Nigeria

Components of the Programme

  • AWIEF Growth Accelerator (in partnership with Nedbank) – to enhance investment readiness and increase access to finance.
  • eCommerce Capacity Development (in partnership with UNIDO) – for building knowledge, capacity, and skills in digital channels to increase participation and success in online business.
  • Digital Skills (in partnership with Amazon Web Services) – to strengthen WSMEs’ capacity to embrace technology innovation.
  • Mentorship and Advisory – enhancing the visibility and access to role models for WSMEs through a mentorship platform.

Read also: Google Black Founders Fund

Applications are invited from WSMEs for participation in any one of these program components:

  • AWIEF Growth Accelerator (in partnership with Nedbank) to enhance investment readiness and increase access to finance.
  • eCommerce Capacity Development (in partnership with UNIDO) – for building knowledge, capacity, and skills in digital channels to increase participation and success in online business.
  • Digital Skills (in partnership with Amazon Web Services) – to strengthen WSMEs capacity to embrace technology innovation.
  • Mentorship and Advisory – enhancing the visibility and access to role models for WSMEs through a mentorship platform.

Read also: NG-CARES Grant

Criteria for Selection

You must meet the under-listed criteria to be eligible for selection;

  • Businesses must be Women-owned SMEs registered and operating in: Nigeria, Kenya, South Africa, Zambia, Rwanda, Malawi, Tanzania, and Zimbabwe.

Program Timeline

  • Applications Open: 20 June 2022
  • Application closes: 18 July 2022
  • Recruitment of participants: July – August
  • Training: September – December 2022

Read also: Keystone Startup Advantage Program

How to Register for AWIEF-AfDB Initiative for Women-owned SMEs in Africa

An interested person who meets the above criteria is to submit their application form online via the AWIEF application portal here before the above mention application closing date.

More information can be found on the program announcement page here

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