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  Applications are currently open for the Home Grown Solutions Accelerator for Pandemic Resilience 2023. This program targets growth and mature-stage healthcare businesses in Africa and aims to equip them with the know-how and resources they need to drive pandemic resilience on the continent.
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The organizers of the program will work with companies they select to develop a growth plan that suits them (participants). Businesses will receive advisory services tailored specifically for them, get support in investor readiness, and be matched to high-value partners that could help them improve their operations.

Who Are the Organizers?

The Home Grown Solutions Accelerator is an initiative of the African Union Development Agency (AUDA), and is receiving financial backing from the Japan International Cooperation Agency (JICA). Partners involved in this project include the World Food Program, World Health Organization, UNIDO, GIZ, Afreximbank, Africa CDC, CSIR, AAIC, Aga Khan Foundation, Ecobank Foundation, and the Rwandan Development Board.
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Benefits

Healthcare businesses that are selected to take part in the accelerator will benefit from it in the following ways:
  • Have their business needs identified by world-class consultants, and get advice that enables them to improve their operations
  • Get prepared for fundraising and investment, and be linked to the capital they need to scale
  • Enter growth-accelerating partnerships with leading organizations

Eligibility

Applicants are expected to meet these conditions:
  • Be at their growth or mature stage, with a sizeable customer base, and have a clear aim to expand beyond their current size
  • Should manufacture medical consumables and machines for use on the continent, or provide diagnostic service and treatment to patients
  • Must operate solely or mostly in Africa, be staffed mostly by people from the markets in which they operate, and have leadership with strong African representation
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Applications will close on January 31. A shortlist of qualified applicants will be drawn up in February, and companies on that list will be informed and assessed. Following this, the organizers of the program will select the final participants of the accelerator, which will take place between April and August 2023. If you would like to apply for the Home Grown Solutions Accelerator for Pandemic Resilience, you can do so HERE. Featured Image Source: Your Opportunities Africa
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This article was first published on 11th January 2023

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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