Acceleration Program: Empowering Females through Capacity Building

IN PARTNERSHIP WITH

Delivered by IFC/World Bank Group in partnership with the UK Government’s Good Governance Fund

 

 

WE INVITE THE ATTENTION OF WOMEN ENTREPRENEURS

 

IFC, a member of the World Bank Group in partnership with the UK Government’s Good Governance Fund is implementing the Armenia Economic Growth and Economic Empowerment of Women project. This project aims to improve the economic impact of female entrepreneurs through capacity building and helping to access global business networks.

 

Within the project Empowering Females through Capacity Building to promote technology in non-technology sectors program is implemented by IFC and conducted by the Enterprise Incubator Foundation, which aims to promote women's involvement in entrepreneurship, to help to identify the role of innovative and high-tech solutions in business development and expansion. 

 

In recent years, Armenia has been positioned on the world map due to its high-tech startups and innovative solutions. The main challenge of this program is to promote the development, strengthening and expansion of women-led companies in global markets.

 

We launch the acceleration program ahead to mentioned goals in Yerevan, Gyumri, Vanadzor with the support of the "Innovation Solutions-Technology Center" Foundation, Gyumri and Vanadzor Technology Centers.

 

Who can apply:

● Women-lead companies (with a maximum of five years of activity)

● Founders and co-founders of women-lead companies in traditional sectors, who have the goal to integrate innovation and technology into their businesses

● Female entrepreneur teams, who have the goal to implement their start-up and turn it into a successful business

 

Applicants who successfully pass the application process will participate in a 16-week acceleration program, which will consist of the following

● Mentoring sessions and Expert hours with mature stage teams (female-owned SMEs),

● Business and Technology tracks with respective workshops, assignments, one-to-one sessions, mentoring sessions, and tracking system with idea stage teams (female teams with business ideas).    

 

After completing the Acceleration Program, participant teams will pitch their business ideas products to an evaluating committee during the Demo Day. The five best teams will receive AMD 1,000,000 as a grant to help develop their project further.

 

Interested women can apply for the Acceleration Program before September 25 23:59, 2020 by filling out the online application at the following link.

 

In case of further inquiries or questions, you can send an email to [email protected] or call  041121480.

 

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