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A new startup accelerator program was today launched in Nairobi, Kenya, and will target green entrepreneurs with ambitious ideas in Africa.
Dubbed the Green Pioneer Accelerator Program, the venture is primarily developed for early-stage companies with desires to scale, focusing specifically on green or earth-friendly initiatives and products.
Impact Amplifier, Nairobi-based accelerator Growth Africa, VC4Africa and Hivos have joined forces to “offer a comprehensive program that will take businesses from ‘market proof’ to ‘ready for investment’.”
The program will aim to nurture startups by “getting their financials and pitch deck in shape, and preparing them for fundraising conversations with investors,” and involves a “a rigorous curriculum with practical experience shared by successful entrepreneurs, mentors and investors.”
Johnni Kjelsgaard, Founder and director of Growth Africa, comments on the effectiveness and the holistic approach to the curriculum adopts:
The curriculum we have put together looks at a company in a holistic way, and we take a non linear approach to the entrepreneurial process. What does this mean? We recognize that each company is unique in its formation. Our program looks at the strengths and weaknesses of each participant and then adapts the program to fit their needs.
Those looking to enroll should “either have a working prototype with clear market demand and/or already be generating revenue”, notes the presser.