Application Deadline: 21 April 2017
Impact Amplifier is seeking applications from any type of impact business that has the potential to growth. The programme will include up to 10 businesses in each cohort and will be run twice in 2017.
The programme will offer entrepreneurs the skills, knowledge, documentation and support required to secure investment for their businesses. The Programme addresses:
Constructing an Impact Case;
Market access, sales and distribution;
Strategic planning;
Financial modelling and planning;
Writing an Investment case to secure funding;
Pitching to investors; and
Connecting with partners in the business ecosystem, including multinational companies, NGOs and the public sector.
Structure and Delivery
The programme is structured in two distinct phases. The first phase is designed as seven modules, one to two are delivered every two weeks over a three-month period. Each module will include a combination of lectures, individual coaching, group discussions and presentations. In between each module there will be a range of assignments required to progress the core tasks being reviewed.
Each entrepreneur will be supported by a team of Impact Amplifier Fellows and senior mentors throughout the programme to assist them in completing each step. One of the unique aspects of the Accelerator is the inclusion of the Fellows. These are Masters and Phd students who will provide daily support to the businesses in completing each of the modules while the senior mentor will provide overall strategic direction. The structure has been designed to combine expert, peer-to-peer learning, and pragmatic assignments that provide the basis for developing an investment case for support.
The second phase, post the structured Accelerator, available to select businesses is for an additional nine months. During this period, the Impact Amplifier team will assist each business on a one-on-one basis to secure the resources required to grow.
Selection Criteria:
The selection process will function as follows:
The 20 shortlisted applicants will be contacted to request additional information and set up interviews for the final selections.
Location
Entrepreneurs from anywhere in South Africa may apply. However, the group meetings will be held in Cape Town. Businesses from outside Cape Town must attend the first two sessions physically and then thereafter can participate remotely.
Costs
The Accelerator is free to attend, but there are obligations to Impact Amplifier post the programme that will be discussed in detail with all shortlisted candidates.
9 March – open for applications
21 April – application process closes
Pre-screening during the course of April and interviews to be held in the last week
8 May – final selections made
5 June – programme begins
