Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost economic development of Africa, on September 10, 2018.
12 social entrepreneurs from Benin, Ghana, Egypt, Kenya, Uganda and South Africa will learn new tools and methodologies to help refine their business model and become investment ready. This is essential to find the right hybrid of corporate structure to gain access to finance. These selected young social entrepreneurs are working in the fields of nutrition, agriculture, education, e-commerce, water and sanitation.
A select number of employee experts in legal affairs, accounting, business support, technology and marketing from across the continent will be mentoring these social entrepreneurs during the next five months. They will prepare their final submission to angel and social impact investors to access financing.