Ashoka Making More Health Accelerator 2023 for Social Entrepreneurs (50,000 Euros in Funding)

Deadline to apply: 13th January 2023

The Making More Health Business AcceleratorThe program is designed for social entrepreneurs who are looking for innovative solutions in the healthcare sector. There are two phases to the program.

Phase 1, called the “Pilot Phase”, runs for 12 months and focuses on supporting entrepreneurs to:

• a) Identify strategic opportunities and/or challenges related to growth, sustainability, and impact of their social enterprise
• b. To co-create and to test the solutions.

Phase 2, called the “Phase of Scale-up” also runs for 12 months and focuses on supporting participants to scale up successful solutions from the first phase of engagement. Participants in both phases have access to technical assistance from Boehringer Ingelheim employees, Strategic networks, financial resources, and Platform to CollaborateEngage with social entrepreneurs, other actors in the ecosystem and learn from them.

The accelerator supports social entrepreneurs by providing innovative solutions to advance access to healthcare in Sub-Saharan Africa. Solutions could be either in the animal or human health sector. We currently select participants from Kenya, Uganda and Nigeria. 

Requirements
If you have an innovative solution to animal or human health that meets the requirements above, you should apply for this program. 

1. Legal entity: Company limited by guarantee, Limited liability company, NGO 
2. Age: At least three years of operation 
3. Sector: Human or animal health related.
4. Country of operation: Ghana, Nigeria, Kenya, Uganda, and Rwanda.
5. Revenue: At least USD 100K in annual sales revenue.
6. Impact: Evidence of social impact with clearly defined impact metrics

Benefits

Knowledge Access 

Participants have multiple opportunities to develop their professional skills and grow in their entrepreneurial venture. There are seminars and workshops available online and in person on topics such as operations, systems change and replication, transfer, and social finance.   

Expertise in technical matters 

Boehringer Ingelheim employees are available to assist participants in technical support. They can be accessed from a range of disciplines and offer their expertise. 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 specific aspects of the projects.

Strategic networks

Participating in the Accelerator program become part of an ever-growing and closely knit network of ecosystem actors that includes impact investors foundations philanthropists government agencies corporate executives social entrepreneurs experts and multinational health companies. These actors all have a common goal to improve access to healthcare for people and animals in Africa.

Support for Investors and Financial Access

Each participant receives a grant of 50k euros for pilot implementation. There is also the possibility to increase scale-up funds after a successful pilot. In order to make it easier for third-party investors to access the program, participants receive expert-led investor readiness coaching and support.

Collaboration between Business and Government  

Boehringer-Ingelheim and an accelerator participant can find a quick and strategic match that will lead to a potential strategic business collaboration with significant long-term advantages for both of them.

Timeline:

Get more information here

Visit the Ashoka Making More Health Accelerator 20223 Official Webpage