Applications are now open for the Graça Machel Trust: Women Creating Wealth Intergenerational (WCW-I) edition Programme 2024. Apply below.
Table of Contents
When is Application Deadline?
NEW: 21st July 2024 OLD: 5th April 2024
Tell Me About Award:
Graça Machel Trust in partnership with FASSET are excited to invite women-owned and run businesses operating in the financial services sector to apply for the Enterprise Development Programme: Women Creating Wealth (WCW).
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The Pan-African Women Creating Wealth businesswomen movement aims to generate wealth and transform the lives of families and communities.
The Challenge
Africa stands as a global leader in female entrepreneurship, with women constituting 58% of the continent’s self-employed population. Despite this, a recent World Bank report, ‘Profiting from Parity’, reveals that women entrepreneurs in sub-Saharan Africa face challenges in achieving substantial profits and scaling their businesses. The pivotal role of Small, Medium, and Micro Enterprises (SMMEs) in Africa cannot be overstated; these businesses are vital engines for job creation, economic growth, and poverty reduction. In diverse sectors such as agriculture, technology, and services, SMMEs contribute to skill development and inclusive progress.
Type:
Entrepreneurship
What Countries are Eligible?
African countries
Where will Award Take Place?
African Countries
Who is Eligible?
- Young and established women who are operating a business in at least one of the following countries at the date of application:
- Kenya
- Malawi
- Senegal
- South Africa
- Tanzania
- Zambia
- Age: 18years and above.
- Must have completed secondary school education.
- Have an annual business turnover of between USD 10,000 to USD 500,000 or the equivalent of the local currency.
- Have business experience of at least 2 years of operating any form of business.
- You are not presently engaged in another entrepreneurship support program lasting longer than a week.
- Your business currently employs a minimum of 5 young people and demonstrates the potential to expand further, creating additional job opportunities for the youth.
- Have an operational business or a product/service that can be tested in the market with the potential for growth and impact.
- Businesses can be sole proprietorships, partnerships, companies, cooperatives, or groups.
- Business must fall within any of the following sectors:
- Agriculture
- Tourism
- Manufacturing and Value addition
- Transport and Infrastructure
- Information & Communications Technology (ICT)
- Building & Construction
- Trade and services
- Renewable Energy/Green Energy
How many Awards?
Not specified
What is Value of Award?
- Structured training on the WCW Online Ignite courses
- Dedicated support through customized coaching, mentoring and technical advice
- Support to develop your toolbox of resources for growth
- Access to a vibrant and supportive Business Community
- Invitation to regular entrepreneurship networking events and round tables to build social capital
- Access to a pool of rated service providers to support growth, access to markets and finance.
How to Apply?
To apply, please complete the form provided below.
The form takes approximately 60 minutes to complete and requires some basic information about your business and your contact details.
ALSO NOTE THE VARIOUS DATES FOR INFORMATION SESSIONS IN ORDER TO TAKE PART!
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