Ashoka Making More Health Accelerator for Social Entrepreneur 2023
The Making More Health Business Accelerator is here again for the Ashoka Making More Health Accelerator for Social Entrepreneur 2023 and is calling on students who have at least 3 years of operation and are experienced in human and animal health related sectors. The Making More Health Business Accelerator, is a structured business growth program aiming at social entrepreneurs with innovative solutions in the health sector. The program offers two engagement phases.
Phase 1, called the “Pilot Phase”, runs for 12 months and focuses on assisting 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 “Scale-up Phase” also runs for 12 months and focuses on assisting participants to step up successful solutions from the first phase of engagement. In both phases, participating entrepreneurs are issued with access to technical support from Boehringer Ingelheim employees, strategic networks, financial resources, and a platform to cooperate, learn and engage with fellow social entrepreneurs and other ecosystem actors.
The accelerator widely focuses on assisting social entrepreneurs with innovative solutions aimed at enhancing access to healthcare in Sub-Saharan Africa. Solutions may be both in the animal or human health field.
You should apply for the program if you have an innovative human or animal health solution that fits the description provided above and if you meet the criteria below.
- Legal Entity: Company limited by guarantee, Limited liability company, NGO
- Age: At least three years of operation
- Sector: Human or animal health related.
- Revenue: At least USD 100K in annual sales revenue.
- Impact: Evidence of social impact with clearly defined impact metrics
The program offers participants diverse opportunities for professional growth and development in their entrepreneurial journey. Includes in-person and online workshops and seminars on topics about operations, systems change, replication and transfer, social finance, among others.
Participants have access to experienced employees at Boehringer Ingelheim who volunteer their time to arrange hands-on technical support across a diversification of professional disciplines. Engagement with BI employees may take place virtually or in-person through an Executive in Residence program that has experienced executives placed within the social entrepreneurs’ organizations for between 2-4 weeks to work on certain aspects of the projects.
Accelerator participants become part of an ever growing and closely knit community of ecosystem actors including impact investors, foundations, philanthropists, government agencies, corporate executives, social entrepreneurs, experts and multinational healthcare companies all devoted to enhancing health care access for humans and animals across Africa.
Financial and Investor access support:
The program provides each participant with a grant of 50k Euro for pilot implementation, with the possibility of additional scale up funds at the end of a successful pilot. Participants also obtain expert-led investment readiness coaching and support before and after the program to facilitate access to third party investors.
Where there is a timely and strategic fit between Boehringer Ingelheim and an accelerator participant, there is the possibility for a strategic business collaboration to be formed with the promise of significant long-term benefits for both organizations.
Eligible countries: Ghana, Nigeria, Kenya, Uganda, and Rwanda.
|Submission of applications||14th November 2022 – 13th January2023|
|One-on-one interviews||14th January 2023 – 20th February, 2023|
|Due diligence and site visit||1st February 2023 – 28th February, 2023|
|Panel interview||15th March, 2023|
|17th March, 2023|
Application Deadline: 13th January 2023