Due Date: September 20, 2019
Applications are open for Invest2Impact Competitors 2019 The competitors is searching for 100 women-led services in East Africa to support with a variety of access to financing programs, company assistance, and multi-national networking. Invest2Impact is a program of the Advancement Financing Institutions (DFIs) of Canada, France, the UK and United States, in collaboration with the MasterCard Structure, as part of the worldwide 2X Obstacle.
Invest2Impact begins with an online competitors for women-led services in Ethiopia, Kenya, Rwanda, Tanzania and Uganda. The objective is to be a partner that acknowledges and commemorates the power of females business owners which assists you to run as close as possible to your optimum capacity.
- Are you searching for moneying to take your company to the next level?
- Do you worth connecting with magnate and other business owners?
- Do you wish to check out crowdfunding for a brand-new item or development?
- Would you like to go to a significant worldwide Exposition or Exhibition in your market, with your costs paid?
- Would you like to deal with company and financing specialists to hone your technique and be more competitive?
If you addressed “yes” to even among the concerns above, Invest2Impact can benefit you. Invest2Impact will move you closer to your financing objectives, offer you with market gain access to, specialist company training and multi-national networking chances.
By going into the competitors you might be chosen as one of 100 females business owners to take part in the Invest2Impact financing and company assistance program, and win a share of USD85,000 in rewards.
Program Information
Through the competitors, 100 business owners will be chosen to take part in several of the Invest2Impact programs:
- 2Xcelerate: Direct, in person engagement with several of the 4 Invest2Impact banks to evaluate your financing requirements, preparedness and company strategy– customized assistance for access to financing.
- 2Xcapital: Professional suggestions and assistance to unlock financing from other SME funders. Utilize Invest2Impact’s know-how, relationships and network to construct and promote your company financial investment case.
- 2Xcrowd: An unique program developed for smaller sized services with ingenious items or social effect. Get specialist, personalized assistance to establish and execute an African and worldwide crowdfunding project.
- 2Xcatalyse: This program will money an all-expenses-paid journey to a significant conference, exhibition or exposition in your market, in Africa or somewhere else. To increase the advantage, a coach will assist you prepare your occasion marketing pack. An excellent method to construct your company profile, grow your network, satisfy prospective consumers and put your company on the map.
- 2Xconnect: All100 chosen business owners will likewise belong to the 2Xconnect company network– developing brand-new relationships and sharing understanding and chance in each nation, the East Africa area and globally.
Prizes
- WOMEN’S EMPOWERMENT– USD25,000
To identify genuine empowerment and involvement of females in the conference room and in the office. - YOUTH WORK OR ENTREPRENEURSHIP– USD20,000
To identify an organisation that is empowering youths and motivating young achievers. - ENVIRONMENT MODIFICATION AND THE ENVIRONMENT– USD20,000
To identify an organisation that is working to deal with environment modification and promote a green economy. - LEVERAGING INNOVATION FOR SOCIAL GOOD– USD20,000
To identify the ingenious usage of innovation to enhance lives and assistance healthy neighborhoods.
Eligibility
These are the requirements for services to certify to go into the competitors.
- Your company need to be based (signed up and running in) one (or more) of the list below nations: Ethiopia, Kenya, Rwanda, Tanzania, Uganda;-LRB- ***************) OR
Your company might run in a country/countries beyond the above list however need to be bulk owned (more than 51%) by a minimum of one female who is a nationwide of among the nations noted above. - The competitors is open to both little and medium-size services. The Invest2Impact sponsors and partners are searching for services that need financing in the following classifications:.
- Financing approximately USD100,000
- Financing in between USD100,000
and USD3-million - Financing in between USD3-million
and USD8-million - Financing for more than USD8-million
- If you fall under among the above classifications, they welcome you to go into the competitors to get financing preparedness and gain access to assistance.
- To go into, an organisation needs to have been running for a minimum of 3 years, and satisfy ANY 2 of the following 3 requirements:.
- A minimum of 5 staff members;-LRB- *****************).
- Profits of a minimum of USD50,000 per year;-LRB- *****************).
- Possessions of a minimum of USD50,000
- Business need to be minimum 51% owned by females nationwide( s) of several of the nations noted above;-LRB- ***************) OR
was established by females nationwide( s) of several of the nations noted above (even if their present ownership is now less than 51%). - Companies can go into in any market sector (topic to the exemptions listed below).
- Companies which support the UN Sustainable Advancement Goals (SDGs) are especially welcome to go into and can score extra points in the entry type.
Application
The primary step is to go into the competitors utilizing the online entry type. The type is developed to assess what kind of moneying assistance is best for you. It likewise enables you to make an application for the other company assistance. The panel of company specialists will evaluate all entrants and choose the 100 Invest2Impact 2019 individuals. You will be kept notified of the development of your entry, and you will be notified of the competitors results as quickly as they are readily available.
Click on this link to use.
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