The JASIRI Growth Accelerator helps established businesses with strong development potential meet key growth milestones and prepare for funding.
The Growth Accelerator focuses on Rwandan and Kenyan entrepreneurs with market-creating ideas. These are enterprises that solve complex issues and provide goods or services to a significant number of people.
Suitable companies are expected to have found a product-market fit as the accelerator’s primary goal is to assist businesses in gaining the traction they need to attract funding and grow. The JASIRI Growth Accelerator aims to bridge the financing gap for businesses like these that solve gnawing issues, birth market-loving innovations, and require unique funding solutions.
Program Overview
The program is structured into three months of virtual engagement that will follow a well-curated framework of activities that will help founders fast-track the growth of their businesses. The objective is to turn them into investment-worthy companies.
Businesses that match the program’s criteria present their ideas to a select group of JASIRI investment partners. JASIRI will invest US$75 000 in successful firms, with the possibility of additional funding from JASIRI co-investors.
JASIRI Accelerator Program Topics Include:
- Problem-solving
- Strategy, team and execution
- Creation of high-performance teams
- Market sizing
- Product and value
- Growth strategy
- Market Creating Innovations
- Growth Tools
- Marketing and Sales
- Fundraising
- Market-creating innovations
JASIRI Accelerator Program Benefits
- Weekly tutorials and office hours.
- Monthly pitching sessions.
- Bi-weekly coaching sessions.
- Demo day
- Opportunity for $75k+ investment
Post Acceleration Support:
- 9 Months of Growth Monitoring & Support (Virtual) via monthly accountability coaching and mentoring sessions to further enhance growth acceleration.
Eligibility Criteria
- Startups are expected to have large market potential
- Be legally registered in Kenya or Rwanda and equally tax compliant.
- Have a market-creating Innovation – the potential to address non-consumption i.e. trying to solve difficult problems and providing goods or services that were previously not accessible or affordable to a large number of people
- Show evidence of traction through an existing user base
- Revenue generating
- Interested startups should show evidence of consistent growth in revenue or user acquisition.
Application
Interested applicants are expected to complete a 6-question eligibility quiz to assess their suitability for the JASIRI Growth Accelerator program.
Deadline for application:Â June 30, 2022