Spring – A pioneering accelerator that provides finance, world-class mentors, and technical expertise to businesses that can improve the lives of adolescent girls is coming to various cities in Kenya this year.
Through GrowthAfrica, a local partner, the Spring Accelerator aims to stimulate a new value chain of innovative and life-enhancing products that address the economic needs of girl. The main aim of SPRING is to accelerate economic empowerment for girls aged 10-19 years, through the delivery of technical and financial support to early stage enterprises developing innovative products and services that enable girls to learn, save, invest and stay safe.
SPRING’s business accelerator provides financial planning, world-class mentors, and leading experts in business growth, design, and marketing and a variable grant funding of an average of USD $80,000 per business to support growth and scale.
An estimated 250 million adolescent girls live in poverty worldwide, unable to build assets or safely raise the income needed for a more prosperous life. SPRING identifies and supports ventures that can bring life-enhancing products and services to this huge population.
The Accelerator program will help high-potential products and services reach scale where they otherwise might struggle or fail by offering entrepreneurs support with business innovation, design, finance, marketing, and more.
The call for applications is OPEN here and they are now looking for businesses in Kenya that would benefit from the ability to prototype and enhance products and business models, to be even more successful in reaching girls.
They will also be hosting information sharing sessions across cities in Kenya to articulate the key issues that girls face and create awareness on the SPRING initiative and present opportunities for engagement with different stakeholders.
Meet the SPRING team in;
- Mombasa – 17thof February – RSVP here
- Kisumu 24thof February – RSVP here
- Nakuru 26thof February – RSVP here
- Nairobi 3rdand 10th of March – RSVP here
SPRING is a 5-year programme backed by 3 of the most influential and innovative organisations in the world: the UK’s Department for International Development, the Nike Foundation, and USAID.