The JASIRI Growth Accelerator supports existing businesses with high growth potential to achieve key growth milestones and get ready for investment. The Growth Accelerator focuses on start-ups from Rwanda, Ethiopia and Kenya with market-creating innovations (i.e. businesses solving difficult problems and providing goods or services to a large number of people). These businesses must have achieved product-market fit. The Growth Accelerator bridges the funding gap that exists for businesses solving difficult problems, birthing Market Creating Innovations, and hence distinct funding needs.
- Fast growing and high-potential early-stage startups with functional prototype.
- Targeting a sizable, unmet, or undeserved market by addressing the needs of its target customers.
- led by a strong founding team of 2-3 driven, committed, and responsible individuals from Rwanda or Kenya, dedicated to solving the problem faced by their target customers.
- Demonstrating growth through an existing user base and generating revenue, reflected in consistent user and/or revenue Growth.
- providing evidence of compliance, including company registration, tax compliance, regulatory approvals and operating licencing where relevant, in the respective, in the respective country, an established bookkeeping system, and up-to-date financial records.
- US$75,000, provided as a mix of direct and indirect funding
- Mentorship and coaching
- Financial reporting and accounting support
- Market Validation
- Office space if required, and support in identification and selection of service providers
- Networking opportunities
- Introductions to potential partners
