WONDER: Women-led Opportunities through Networking for the Development of Entrepreneurial Resources
The objective of this project is to support Women Small and Medium Enterprises: the Accelerator for WSMEs is designed to build women capacity by equipping them with skills, knowledge and tools to optimize and re-focus their businesses for growth and scale-up. Entrepreneurs’ access to finance will be improved through an innovative approach and they will be provided with individual mentorship.
The development outcome the project is aiming at, is the Acceleration of 150 WSMEs in Kenya and Cameroon, boosting women’s private economic initiative and creating jobs, also taking advantage of the new AfCFTA (African Continental Free Trade Area) trade opportunities.
The project will be implemented through a 12 months Acceleration period, investment and fundraising support and 2 years post-acceleration support (each WSME will be mentored by a Venture Builder).
Within the project, E4Impact will be in charge for the following activities:
- Replicating the Kenya Accelerator model in the newly established Cameroon Accelerator
- Capacity building to the 2 Teams of technical and entrepreneurial sector experts
- Recruitment campaign of new cohorts, targeting women (through traditional/social media and stakeholders’ meetings).
- Provision of the full Accelerator Service Package for 150 WSMEs