Ashoka Making More Health Accelerator 2019 for Social Entrepreneurs (50,000 Euros in Funding)

Application Deadline: February 15th 2019

Since 2011, Ashoka – one of the world’s largest networks of social entrepreneurs and Boehringer Ingelheim – a family-owned world leading and research-driven Pharmaceutical company, have collaborated to create and grow the global initiative – Making More Health (MMH).   

Making More Health brings together the best experience in social innovation and global healthcare to improve health-care access for people, animals and their communities around the world.

The MMH Accelerator is a structured, 11-month business accelerator program offered under the MMH Initiative that supports social entrepreneurs with well-established startups in the health space with an opportunity to strengthen and scale their work via the reach and operations of a multinational healthcare company through co-creation. 

Through the MMH Accelerator, participants are provided with tailored access to expertise and capacity building to unlock their next phase of growth. A unique feature of the program is its co-creation approach – which involves participating social entrepreneurs working hand-in-hand with Boehringer Ingelheim employees to collaboratively design and implement relevant interventions. At the end of the accelerator, social entrepreneurs with successful interventions will have the opportunity to present their solutions to Boehringer Ingelheim’s leadership team as well as social investors to attract further investment.   

Requirements:

Social entrepreneurs with well-established startups in the human (non- communicable diseases) or animal health space are encouraged to apply, if their organizations meet the following criteria; 

# Late stage startups (at least two years old) in human health (non-communicable diseases) or animal health.
# Fully registered legal entity that is at least two years old.
# Post revenue with a product, customers and sales.
# Established with an office, team, basic systems and processes in place.
# Operating in Kenya, Ghana or Nigeria.
# Open to work with a pharmaceutical company such as Boehringer Ingelheim in a co-creation approach.
# Capacity to dedicate a full-time resource(s) to execute MMH Accelerator activities.
# Potential to create shared-value through co-creation
# Disruptive potential of innovation
# Strategic fit for Boehringer Ingelheim

BENEFITS

1.    Trainings (both virtual and in-person) on business growth and scaling strategies, investor engagement and pitching, tailored to the strategic needs of your organization.
2.    Access to technical expertise (in-person) in finance, strategy, operations, information technology, marketing and social investing among others to help you address strategic capacity gaps specific to your organization.
3.    Access to strategic networks including: social investors, leading social entrepreneurs in the health care space and executive team members from Boehringer Ingelheim and Ashoka. 
4.    Funding of up to Euros 50k in cash plus additional in-kind expertise valued at Euros 100k. 
5.    Investor engagement support including preparation of investor engagement materials and facilitated access to investors.

APPLICATION PROCESS

Step                                             Timeline

Due date for application            15th February, 2019

Round one interviews                11th Jan – 28th February, 2019

Due Diligence                             16th February – 16th March, 2019

Panel Interviews                         28th March, 2019

Admission                                   8th April, 2019

For More Information:

Visit the Official Webpage of the Making More Health Accelerator 2019

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