ShEquity, a female-focused VC firm based in Ghana and MBC Africa have announced the launch of ShEquity Business Accelerator (SHEBA), to offer venture building and technical support to African female entrepreneurs with impactful and scalable businesses.
Businesses within the agribusiness(agtech, production, processing, wholesale & retailing, and any other agribusiness value chain aspects), healthcare, technology(fintech, clean-tech, etc), renewable energies, and fast-moving consumer goods(FMCG) sectors are encouraged to apply. Qualifying participants will receive funding needed to structure their businesses and become ShEquity investment ready.
“We have a unique perspective on women entrepreneurs. Our previous experiences equipped us with tools and insights on how to tackle the issue of gender funding gap in Africa. We had at heart to create a unique platform to address operational, access to resources challenges, but also emotional, psychological, and business networks women in business need to thrive.” Commented Ténemba Anna Samaké, Executive Director at MBC Africa.
Pauline Koelbl, Founder and Managing Director at ShEquity added, “I am excited to be joining hands with Anna to set up an investment ecosystem that serves as a catalyst to de-risk, strengthen and invest in African female-led businesses. Rather than just complaining about the existing gender funding gap, we are proposing a platform, SHEBA, which will serve as the pathway to securing early stage funding and follow-on investment from ShEquity and other gender lens investors. ”
This first cohort program will run for six months, with the deadline for applications being April 16th.
Interested parties can apply here