Application deadline: January 13, 2023
The Make more healthcare business accelerators, is a structured business growth program for social entrepreneurs offering innovative solutions in the health sector. The program offers two phases of engagement.
Phase 1, called the “Pilot phase», lasts 12 months and aims to help entrepreneurs to:
- a) identify strategic challenges and/or opportunities related to the growth, sustainability and impact of their social enterprises
- b) co-create and test relevant solutions.
Phase 2, called the “Scaling phasealso spans 12 months and focuses on supporting participants to develop successful solutions from the first phase of engagement. In both phases, participating entrepreneurs have access to technical support from Boehringer Ingelheim employees, strategic networks, financial ressourcesand one platform to collaboratelearn and engage with other social entrepreneurs and other ecosystem players.
The accelerator focuses largely on supporting social entrepreneurs with innovative solutions aimed at advancing access to healthcare in sub-Saharan Africa. The solutions can be both in the field of animal or human health. The specific countries from which we are currently selecting participants are Kenya, Uganda, Rwanda, Nigeria and Ghana.
Terms
You should apply to the program if you have an innovative solution in human or animal health that matches the description above and if you meet the criteria below.
- Legal entity: Limited Liability Company, Limited Liability Company, NGO
- Age: At least three years of operation
- Sector: Related to human or animal health.
- Country of operation: Ghana, Nigeria, Kenya, Uganda and Rwanda.
- Revenue: At least 100,000 USD in annual turnover.
- Impact: Evidence of social impact with clearly defined impact measures
Advantages
Access to knowledge:
The program offers participants multiple opportunities for professional growth and development in their entrepreneurial journey. Includes in-person and online workshops and seminars on topics around operations, systems change, replication and transfer, social finance, among others.
Technical expertise:
Participants have access to experienced Boehringer Ingelheim employees who volunteer their time to provide hands-on technical support in a variety of business disciplines. Engagement with BI employees can take place virtually or in person through an Executive-in-Residence program which placed experienced executives within social entrepreneur organizations for 2-4 weeks to work on aspects project specific.
Strategic networks:
Accelerator participants are part of an ever-growing and tightly-knit community of ecosystem players, including impact investors, foundations, philanthropists, government agencies, business leaders, social entrepreneurs, experts and multinational healthcare corporations, all committed to improving access to healthcare for humans and animals across Africa. .
Financial assistance and access to investors
The program offers each participant a grant of €50,000 for pilot implementation, with the possibility of additional funds at scale at the end of a successful pilot. Participants also receive expert-led investment readiness coaching and support before and after the program to facilitate access to third-party investors.
Business cooperation
Where there is a timely and strategic fit between Boehringer Ingelheim and an accelerator participant, there is potential for the formation of a strategic business collaboration with the promise of significant long-term benefits for both organizations.
Chronology:
| Activity | Chronology |
| Submission of applications | November 14, 2022 – January 13, 2023 |
| Individual interviews | January 14, 2023 – February 20, 2023 |
| Due diligence and site visit | February 1, 2023 – February 28, 2023 |
| Interview with the panel | March 15, 2023 |
| Announcement of successful candidates. |
March 17, 2023 |
For more information:
Visit the Official Webpage of the Ashoka Making More Health Accelerator 2023
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