Program for social entrepreneurs ‘Making More Health Business Accelerator’ invites African startups
Startups from Africa are encouraged to apply for the Making More Health Company Accelerator, a structured program for business growth aimed at social entrepreneurs with ground-breaking ideas in the healthcare industry.
Since 2011, Boehringer Ingelheim, a family-owned global leader, and research-driven pharmaceutical firm, and Ashoka, one of the world’s largest networks of social entrepreneurs, have worked together on Making More Health (MMH).
In order to engage and work together on ways to improve access to healthcare for underserved populations around the world, the initiative brings together actors from the healthcare ecosystem, including social entrepreneurs, corporations, impact investors, government agencies, foundations, and local stakeholders, among others.
Two involvement periods are offered by the program. The first phase, known as the “Pilot Phase,” lasts for a year and focuses on assisting business owners in identifying strategic opportunities or difficulties linked to the expansion, sustainability, and impact of their social businesses, as well as co-creating and testing appropriate solutions.
The second phase, called the “Scale-up Phase,” lasts for a full year and is dedicated to assisting participants in scaling up effective solutions from the first stage of involvement. Participating entrepreneurs are given access to strategic networks, financial resources, technical assistance from Boehringer Ingelheim staff members, learning opportunities, and a platform to connect with other social entrepreneurs and ecosystem players.
The accelerator’s main objective is to assist social entrepreneurs who are developing novel solutions to improve healthcare access in Sub-Saharan Africa. Both the human and animal health fields may have solutions. Kenya, Uganda, Rwanda, Nigeria, and Ghana are the particular nations from which participants are presently being chosen.
The application period is already open and closes on January 13.
