Grindstone Accelerator Programme 2022 for innovative South African Startups

Application Deadline: April 30th 2022

Grindstone is a structured entrepreneurship development programme that assists high-growth innovation-driven companies to get the fundamental building blocks in place to scale quickly and become sustainable and fundable.

The Grindstone programme is now open for applications where we will select the top twenty innovative scaleups to provide them with knowledge, networks and funding readiness through growth measurement, gap analysis and deep interventions designed to build a foundation for growth.

Requirements

To be eligible to join Grindstone, your company needs to be:

  • A South African registered company
  • Post-revenue with some customer traction
  • A dynamic team of awesome people
  • Innovative business offering with a clear competitive differentiator
  • Scalable business model

Grindstone has joined forces with the SA SME Fund, Deloitte, Thinkroom, Knife Capital,Microsoft for Startups, Webber Wentzel, ABSA and Google for Startups. The programme is aimed at entrepreneurs who are ready to take their businesses to the next level.

Benefits

Business support resources and services will include elements of training, corporate advisory, coaching, mentorship and funding. Specific interventions for each company include a structured gap analysis, understanding of the company value system, building a digital go-to-market strategy, financial modelling, intellectual property assessment, strategic and financial valuation as well as populating a data room.

Favourable funding support will also be provided to the 20 Grindstone Companies to enable them to de-risk and close the initial growth gaps identified.

In addition to Knife Capital’s Funding Readiness Course: Find-Make-Grow-Realise, there will be 6 x 1-day workshops over the year…

  • Culture & Strategy
  • Sales & Marketing
  • Market Positioning & Messaging
  • Technical
  • Finance, Valuation and Exit
  • Legal compliance & IP

For More Information:

Visit the Official Webpage of the Grindstone Accelerator Programme 2022

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