Social Enterprises START UPS

Challenge To Support Social Enterprises Launched by British Council & Impact Hub Accra

The British Council & Impact Hub Accra have launched the Duapa Challenge to empower early stage social enterprises in priority areas around; Healthcare, Agriculture, Financial Inclusion, Sustainable Energy & Education.

As part of the the Challenge, 10 selected finalists will join a 2-day hyper-accelerator bootcamp and pitch competition in Impact Hub Accra. The winner will travel to London to represent Ghana at the British Council Entrepreneurial Africa project in London. The winner will also receive seed capital to support through the ideation to prototype/market entry phase. Impact Hub Accra will provide incubation support for the winner.

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Social enterprises in Ghana are increasingly becoming vital parts of local economic growth and employment as well as active change agents in communities around the country. They are offering a new generation of active young people, much needed opportunities and enabling a more equitable and sustainable development. But their potential is all too often obstructed. In the most challenging Ghanaian environments, early stage social enterprises face a stifling range of interconnected challenges such as non-existent early stage investment opportunities and a lack of relevant market insight.

To help the nascent social enterprise community of entrepreneurs, the British Council is focused on grassroots initiatives to drive and shape conversations around inclusive business. The Duapa Challenge, is one of such interventions to build a robust ecosystem to support early stage social innovation. This forms a part of the British Council’s Global Social Enterprise programme which draws on the UK’s expertise to support the development of social enterprise in the UK and other countries. The bootcamp will focus on Investment Preparedness and Business Model Validation. The Business Model Validation Lab is designed to help early/idea-stage entrepreneurs rapidly identify and validate the foundational assumptions of their business. The Investment Preparedness Lab is designed to help early-stage entrepreneurs prepare to meet with funders and take on investment.

Apply Online: https://www.f6s.com/duapainnovationchallenge

Application Deadline: 26th February, 2016

Issued by Impact Hub Accra

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