RevUp Women Initiative 2023 Call for Women-Led Businesses |$10,000 grant

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RevUp Women Initiative 2023 Call for Women-Led Businesses |$10,000 grant

RevUp Women Initiative 2023 Call for Women-Led Businesses |$10,000 grant

Women-Led Businesses are encouraged to apply for the RevUp Women Initiative 2023. The RevUp Women Initiative is an African enterprise development program for early-stage women-led enterprises. It is intended to help these enterprises grow into lucrative and sustainable ventures that can encourage job development on the continent.

Through enterprise development training, mentorship, peer-to-peer learning, and access to capital, the initiative strives to promote gender equality and inclusive economic growth. The Visa Foundation is funding this cohort. AfriLabs is inviting women-led enterprises from around Africa to apply for this cohort of the initiative. In this cohort, 500 entrepreneurs will go through a rigorous training and mentoring session, and ten (10), one (1) will be chosen in each pilot city to be financed by the program.

RevUp Women Initiative 2023 Benefits

  • Access to high-quality female mentors across Africa.
  • 10 business owners will be selected to be funded with $10,000 following the Catalytic Africa guidelines.
  • Access to additional funding opportunities for participants and a network of funders across Africa.
  • Access to the AfriLabs network.

RevUp Women Initiative 2023 Eligibility

Open to early-stage women-led businesses across Africa. These businesses must meet the following criteria before applying;

  • At least 51 per cent owned by a woman;
  • Be led by a woman;
  • Be located in any of these cities in Africa:
    • Nigeria –  Lagos, Abuja
    • South Africa –  Johannesburg, Cape Town
    • Cameroon – Douala, Yaounde
    • Kenya –  Nairobi, Kisumu
    • Democratic Republic of Congo-  Kinshasa, Lubumbashi
  • Have an already existing service or product;
  • Have evidence of sales of existing services or product;
  • Have an existing business model;
  • Registered and incorporated in the country of operation;
  • Be operational for at least 6 months;
  • Be able to dedicate 8 weeks to an intense hybrid training and mentoring session.

Deadline: July 14, 2023

Apply here

For more information, visit RevUp Women Initiative.

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