Malawian hub mHub has partnered GrowthAfrica, Dutch investment firm Accesserator, UNDP Malawi and the Norwegian Embassy to launch the country’s first startup accelerator programme.
The programme targets innovative, early-stage and impactful ventures across Malawi, and offers participating entrepreneurs structured business support, mentorship and access to finance.
“The objective of the Growth Accelerator is to enhance entrepreneurial leadership and grow enterprises which will play a key role in the sustainable growth and development of the Malawian economy. It will provide social impact especially through the creation of jobs and income generating opportunities for youth and women alongside development of the SME sector,” the organisers said.
Selected startups will gain access to a six-month cohort-based business development and strategy programme, nine months of catalytic support, six months of mentorship, and access to financial support of up to $40,000. Applications are open until 2 September 2018.
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