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the program
The HerMeNow Accelerator is run in collaboration with a dynamic team of experts specialized in social entrepreneurship in MENA with more than 14 years of experience in the field: Bloom.pm
The participants are social enterprises created by women entrepreneurs who have already developed traction with their business and are ready to scale up.
The 2023 impact focus is green social entrepreneurship
what does the program look like?
Enterprises will get access to an empowering program that will include monetary prizes, mentoring, access to opportunities and more.
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Open House
- online discussions
- info sessions
- selection Process
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Bootcamp
- 30 teams
- online workshops
- pitch practice sessions
- light mentorship
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Accelerator
- weekly workshops
- regular milestone check-ins
- mentorship coordination
- demo day
Timeline
The 2023 HerMeNow Accelerator Cycle.
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the benefits
Here are the benefits for the enterprises participating in the program
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Training, mentorship, and other support during the three-month accelerator program
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USD $2,000 grant funding
Connections with Mentors/Experts worldwide to assist with key project needs.
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Lifetime access to HerMeNow accelerator resources and network including mentors, investors, alumni and staff.
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Demo day exposure and other investor connections
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Links to key regional and global partners for possible downstream support.
selection criteria
Enterprises will be assessed along these different criteria, though not all are required for the program
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eligibility
whether the application fits the eligibility criteria of the program
team
the team’s background, capabilities to execute, and ability to gain and contribute to the program.
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impact & inclusion
Does the business have a social impact? Does it create jobs? Does it have a positive impact on marginalized and vulnerable communities?
value proposition
Is the Company tackling a real problem and offering a valuable solution? Does it have the ability to grow and be sustainable? Is the market potential attractive?
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milestones & traction
Does the business generate revenues? Has the business achieved significant milestones? Has the company demonstrated it could compete?
strategy & challengers
Does the business have a clear growth strategy? Is the program able to support the business in its current challenges?
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overall passion
Based on the strength of the team, the business, and the potential impact it can create: how passionate are you about this application?
eligibility
The enterprise is eligible if it meets the following criteria:
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Your enterprise has been operating for at least three years and already generates revenues
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You have the potential to sustain your enterprise without the program’s long-term support.
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You have more than one person in the team, with at least two members working full-time in the enterprise.
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No restrictions on sociographic or other parameters regarding the applicants.
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Female-led enterprises and enterprises with higher diversity are particularly encouraged to apply.
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Your enterprise has a social element / generates a positive social impact.
We are unable to support the following
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Enterprises of only
one individual
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Enterprises that are engaged with other entrepreneurship/innovation programs/accelerators