Village Capital, a company that finds, trains, and invests in entrepreneurs solving real-world problems in emerging markets, is inviting incubators, accelerators and seed funds in sub-Saharan Afrika to apply for its VilCap Communities Africa programme. The programme's aim is to equip Afrikan entrepreneur ecosystem leaders with various tools, resources and access to a network of people they could need to catalyze impact investment.
The VilCap Communities Africa programme will see 15 applicants selected to take part in several forums in Lagos, Nairobi, and Cape Town later in 2018.
“We’ve always been focused on best practices and research, and have partnered on research reports with the Aspen Network of Development Entrepreneurs and the groundbreaking Global Accelerator Learning Initiative. For our pilot, we really wanted to find out: what works in entrepreneur acceleration - and what doesn’t? We’re looking forward to sharing that knowledge with others.”
The forums, which will form part of the VilCap Communities Africa programme, will touch on some of the following topics with the aim of supporting entrepreneurs:
- How to attract funding for your program.
- How to stimulate investment capital in your ecosystem.
- How to recruit and select high potential ventures.
- How to help prepare entrepreneurs to become ready for investment.
- How to improve certain aspects of your ecosystem that need development, such as corporate partnerships, mentor networks, angel networks and access to venture capital.
The launch of this programme also comes at a time when AfriLabs reached a significant milestone of over 100 member technology and innovation hubs as part of their network. Both the AfriLabs milestone and the announcement of the VilCap Communities Africa programme are likely signals of a growing and maturing technology and entrepreneurship ecosystem across Afrika.
The programme is being run by global venture capital firm Village Capital and the UK Department for International Development (DFID) Impact Programme. Those interested should apply on the VilCap Communities Africa programme website, applications close on 6 July 2018.