In a press statement on Monday, May 6, 2024, Jasiri Growth Accelerator (JGA) said the program targets early-stage innovative startups in Rwanda and Kenya.
The program is aimed at derisking promising startups and preparing them for funding by focusing on business concept refinement, commercialization, and growth.
To qualify for onboarding on the program, the startups must show potential for high growth and evidence of traction in serving – a large, unserved, or under-served market.
“In the third cohort of the Jasiri Growth Accelerator, we are excited to invite early-stage startups with potential for scale to apply. We are seeking ventures led by ambitious, dedicated, and impact-driven co-founding teams. Our commitment through the JGA is to work alongside the founding teams to support the achievement of their growth objectives while preparing them for further investment,” Aline Kabanda, East Africa Regional Director, Allan & Gill Gray Philanthropies Rwanda, said during the launch of the program.
Selected startups will receive $75,000 in funding to support their growth. This includes a tailored split between direct funding towards working capital and funded strategic advisory to address key development areas and growth priorities.
The program will run predominantly virtually for ten months, providing flexibility, with occasional in-person attendance required for specific sessions.
The application period is scheduled to close on May 31, 2024.
Interested startups can apply to join the program using the link: jasiri.org/jasiri-growth-accelerator
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