The Social & Inclusive Business Camp (SIBC) has quickly established itself as a must-attend event for high-impact African entrepreneurs, and will soon be helping the next generation of project leaders in scaling up their businesses.
Since 2017, the SIBC has aided approximately 240 entrepreneurs by providing innovative training and networking opportunities with other entrepreneurs, mentors, and potential investors.
The FDA Campus is supporting the SIBC program, which is being carried out by a group of international partners including I&P Conseil, African Management Institute (AMI), ScaleChanger, and StartupBRICS.
It was designed specifically for promoters of ambitious African businesses that want to scale up and lead social and/or inclusive innovations to address societal problems.
The impact of these businesses can be attributed to their product or service, as well as the inclusivity of their organization and value chain (suppliers, production, distribution, and so on), with a focus on vulnerable communities (women, disabled people, refugees, etc.).
It’s a hybrid support program that includes:
- 3 months of remote coaching on a dedicated online platform, alternating interactive virtual classes with international experts and learning resources to consult autonomously.
- 1 week of intensive Bootcamp in Marseille, France, in partnership with the EMERGING Valley Summit (event dedicated to emerging innovations between Europe and Africa).
- The possibility for each participant to be followed by a mentor, experienced alumni of the program.
- Networking, through integration into an active and ambitious international community of 240 entrepreneurs and networking with investors and financial partners during the Bootcamp.
The program is organized around 4 key themes:
- Leadership, governance, and team: defining better your purpose and mission, structuring your governance, and organizing your teams for successful growth.
- Scale-up: Adapting your business model and building your scale-up strategy to multiply your impact (with a specific focus on female leadership).
- ESG & Impact: Define your ESG & Impact policy and measure your social performance.
- Investment Readiness: identifying your financing needs, understanding investor expectations, and preparing to raise funds.
Eligibility criteria: who can apply?
- Be a legally registered company.
- Prove a positive impact in Africa: social or environmental impact, activity serving vulnerable populations (women, people with disabilities, refugees…), and/or integrating vulnerable populations in its value chain as customers, distributors, suppliers or employees.
- Prove that you have first customers, a turnover and a balanced economic model or a medium-term profitability objective.
- Have a desire to grow and present a scale-up strategy that takes into account the maximisation of social or environmental impact.
- The candidate representing the company, referred to here as the “applicant” or “the candidate”, must be the founder, co-founder, manager or at least in a position to make strategic decisions for the company.
Applications will be accepted from May 9 until June 26, 2022.
Read more on Tech Gist Africa: