SPRING Accelerator is returning to East Africa for 2017, selecting its next cohort from Kenya, Rwanda, Uganda, and adding Tanzania and Ethiopia.
The main objective of the forum is to present opportunities for engagement with different stakeholders and unveil new approach that SPRING has taken.
DFID, USAID and Nike Foundation – with strategic support from Girl Effect - have partnered to create the business accelerator SPRING based on research showing that girls, when economically empowered, have a unique ability to transform lives and help end the cycle of intergenerational poverty.
SPRING’s mission is to enable ventures to reach 200,000 girls in eight countries with products and services that enhance their economic empowerment by 2019.
“Currently, we are looking for established, ambitious businesses across any and all sectors to address market opportunities and unmet needs for adolescent girls which will help girls STAY IN SCHOOL, SAVE, EARN and/or STAY SAFE. Our focus sectors are; education, health, agribusiness, financial inclusion, renewable energy, nutrition and WASH,” reads a statement reads by Patricia Jumi.
Jumi says successful applicants will receive nine months of world-class technical expertise, including Human-Centred Design prototyping, grants, investment guidance, global and local mentor matching, and access to a pool of experts and legal expertise.
“In return businesses commit to finding innovative ways to reach adolescent girls with products and services that meet their needs; determined, formed and tested by girls themselves.”
The call for applications is already OPEN atwww.springaccelerator.org with a deadline of Thursday, December 1, 2016.