Reading Time: 2 minutes

The Social & Inclusive Business Camp (SIBC) is a 4-month coaching programme to support digital African startups and founders.

Since its first edition in 2017, the SIBC has supported nearly 150 entrepreneurs with a strong societal impact in Africa in their transition to scale-up, in the measurement of their social performance and in their preparation for fundraising.

What is the SIBC?

The SIBC is a blended-learning support program which includes:

-4 months of remote coaching on a dedicated online platform offering training courses and interactive virtual classes hosted by international mentors

-1 tailored mentoring program for each entrepreneur

-1 week of intensive boot camp in Marseille in partnership with the EMERGING Valley Summit

-Being part of an active and ambitious international community

Key learning units

Leadership: defining better your purpose and mission, structuring your governance, and organizing your teams for successful growth

Scale-up: adapting your business model and building your scale-up strategy to maximize your impact and create a worldwide network of partners and growth drivers

-Investment Readiness: identifying your financing needs, understanding investor expectations, and preparing to raise funds

Impact: measuring your social impact, with regard to the Sustainable Development Goals

Eligibility criteria

-Be a legally registered social enterprise with a minimum of 3 years of activity and a turnover

-Provide evidence of a positive societal impact in Africa and an innovative approach

-Provide evidence of a balanced business model or a medium-term profitability objective

-Provide a strategy for scaling up, including a reflection on governance and leadership

The following will not be eligible:

-Individual applications

-Non-profit organizations without a business model or profitability objective

READ  AgroBarn Emerges Winner of FCMB Wennovation Agritech Incubation Program

-Public and para-public bodies

Application process

Applications must be completed on the Digital Africa platform.

The application is composed of:

-An application form to be completed (questions on the project leader, the company, its structure, its impact and its strategy for scaling up)

-Proof of the legal registration of the company (registration document, articles of association, etc.)

-Financial statements for the last 3 years

-Detailed CV of the project leader

Selection Criteria

Applications will be evaluated on the basis of the following criteria:

1.) Maturity of the structure and management capacity

2.) Innovative nature of the proposed solution

3.) Potential of the business model and strategy for scaling up

4.) Social impact and contribution to Sustainable Development Objectives

5.) Profile of the project leader

The application closes on July 15, 2020. Click here to apply.

Musa Suleiman
Follow me

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.