Acumen and IKEA Social Entrepreneurship East Africa Accelerator ( $25k per startup in seed funding).
Learn to scale your business with IKEA Social Entrepreneurship and Acumen.
Learn How To
Refine and test hypotheses for developing a scalable business model
Develop a robust social impact and financial strategy
Gain best practices for forming partnerships to achieve scale
Learn from practical case studies of other East African social enterprises that have successfully scaled
Translate lessons from IKEA and apply them to your own enterprise
Pitch your business to investors and receive feedback from industry leaders at a Final Summit
Build networks with other social entrepreneurs and supporters in East Africa and beyond
How it Works
We’ve packaged the steps to support social entrepreneurs to develop a scalable social enterprise model. Over 19 weeks, you and your team will learn the essentials of building a business model that can achieve both social impact and profitability.
You will have access to case studies from Acumen social enterprises and curriculum materials that package IKEA’s business knowledge. You will complete your own assignments to apply lessons directly to your business and then join biweekly interactive Learning Labs to give and receive feedback from your peers. You will also receive biweekly individualized coaching from IKEA coaches.
You should expect to spend at least 8 hours per week working on your project. Most of this work can be done on your own schedule.
You will need 1-2 Lead Participants from the leadership team of your social enterprise to show up to the Learning Labs every other week and can have up to 10 people from your social enterprise access all of the curriculum materials.
The program will culminate with a virtual Final Summit where you will attend final workshops and have a chance to network, pitch your venture, receive feedback from industry leaders, and be considered for up to $25k in seed funding.
6 Peer Learning Labs
At least 6 sessions with an IKEA coach
Case studies from East African social enterprises
Interviews that package IKEA’s business knowledge
Eligibility to compete for $25k per startup in seed funding
Who is Qualified to Apply?
Social Entrepreneurs in East Africa who:
Run a social enterprise (nonprofit or for-profit) based in Kenya, Uganda, Rwanda, or Ethiopia
Have proven customer demand and demonstrate increasing annual revenue
Have a team equivalent to 3 full-time staff
Focus on promoting livelihoods, equality and inclusion