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  Village Capital, a firm which funds and supports sustainable and impact-driven startups is collaborating with Moody’s Foundation to organize the Innovation for Ecosystem Restoration Africa accelerator program. This initiative is targeted at entrepreneurs whose work addresses contemporary challenges to Africa’s natural ecosystem. If you are tackling problems in this area, you may want to apply for this opportunity.
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Between 10 and 12 startups working to improve the state of African ecosystems will be selected for the accelerator. Startups taking on such issues as climate change, land degradation, deforestation, loss of biodiversity, and water scarcity will be considered.

Benefits

Startups admitted into the accelerator program will benefit from it in the following ways:
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  • Participate in virtual learning sessions that will prepare them for funding and expansion
  • Receive mentorship from investors and potential partners
  • Get valuable advice from representatives of financial institutions, corporates and experienced entrepreneurs at mock board meetings
  • Gain access to an investment analyst who will take them through the process of building financial models, utilizing financial metrics to further business and investor diligence, and identifying unit economics
  • Be featured on Village Capital’s program website and other channels

Eligibility

Startups may be considered for a place in the accelerator program if they meet these conditions:
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  • Should be a for-profit entity duly registered in a sub-Saharan African country
  • Must have a marketable solution that addresses ecosystem challenges in Africa
  • Gained traction but received less than $1 million in equity
  • Have customer or business validation (revenue, pilot studies, number of users, etc.)
  • Should have at least one founder based in Africa who works with the startup full-time
Applications will remain open until May 14, 2023. The cohort will be announced in July. If you would like to apply for the Village Capital Innovation for Ecosystem Restoration Africa 2023 Accelerator Program, you can do so HERE. Featured Image Source: VilCap
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This article was first published on 17th April 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.

Comments (1)

One thought on “The Village Capital 2023 Accelerator Program”

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