Application Deadline: 21 November 2021
The GrowUp Incubator focuses on supporting and advancing innovative solutions that have the potential to create substantial environmental and social impact. The GrowUp Incubator provides key support to social business entrepreneurs in post-revenue stage. Incubatees of GrowUp will receive tailored mentorship based on their needs, interactive capacity building workshops and networking opportunities with local partners and peer-to-peer support to share challenges and discover solutions. At the end, they will have identified how to:
- Refine its partnerships and operational model
- Analyse the product-market fit for multiple contexts
- Find viable routes to scale and grow
- Integrate impact evaluation into the operational model
- Identify financial sustainability model and financial opportunities
The cohort will support social business entrepreneurs in Kenya, Ethiopia, Rwanda, Tanzania, Uganda, and Burundi.
Agriculture and food sector has enormous environmental and social footprint in East Africa as well as it is a proven engine for poverty reduction, with about 80% of the region’s population living in rural areas and depending on it for their livelihood. With our 2022 cohort of GrowUp Incubator we will address East Africa’s transformation towards sustainable food systems to enable sustainable agricultural production and support sustainable practices along the whole food value chain; to mitigate climate change and build resilient communities; to encourage renaissance of rural territories; and to enable availability of nutritious and healthy food for the local population.
To apply for 2022 cohort, your social business should:
- Be located in one of our target countries in East Africa
- Solve a challenge within one or more thematic areas related to food systems. See examples of innovations here.
- Be beyond experimentation stage
- Have their product/service on the market for 6 months – 3 years
- Be legally registered or planning on doing it during the incubation program
- Be led by a person or by the community (cooperative model)
- Be able to demonstrate substantial environmental and social impact
- Be in pre-seed investment but post-revenue stage
- Have accumulated sales to date of approx. 10,000 – 25,000 USD (Not necessarily profitable yet)
- Have 2-3 people from the team who will participate in the program
- Have regular access to stable internet to participate in mentoring sessions and cohort events
Timeline
07 October – 21 November 2021: Open call for applications
22 November – 12 December 2021: Selection of 25 semi-finalists and interviews
13 December – 19 December 2021: Announcement of 25 semi-finalists
21 January - 23 January 2022: Capacity building bootcamp for 25 semi-finalists
24 January 2022: Announcement of 10 selected finalists
24 January – 30 January 2022: Gap analysis calls with 10 finalists
07 February - 03 July 2022: Mentorship, workshops, networking for 10 businesses
07 July 2022: Demo Day
For More Information:
Visit the Official Webpage of the Yunus Environment Hub GrowUp Incubator