An Amazing Opportunity For Women Business Owners In South Africa! Apply For The Graça Machel Trust’s Women Creating Wealth -(WCW)
An Amazing Opportunity For Women Business Owners In South Africa! Apply For The Graça Machel Trust’s Women Creating Wealth -(WCW)
The programme is dedicated to African women entrepreneurs to enable them to thrive by providing essential skills, tools, mindset, business development support services and access to a vibrant, business community and network.
An Amazing Opportunity For Women Business Owners In South Africa! Apply For The Graça Machel Trust’s Women Creating Wealth -(WCW)
The Challenge
Africa leads the world in terms of the number of women business owners. Women make up 58 % of the continent’s self-employed population. However, a recent World Bank report, ‘Profiting from Parity’, shows that women entrepreneurs across sub-Saharan Africa continue to earn low profits and seldomly grow to become bigger, wealthier and employment-generating businesses.
The Solution
Women Creating Wealth (WCW) is the Trust’s flagship entrepreneurship programme designed to build women entrepreneurs’ confidence, skills and networks to scale their businesses and transition from income generation to wealth creation. The programme has already impacted 1,000 women entrepreneurs in Eastern and Southern Africa.
The big audacious goal for WCW is to expand it and reach 10,000 businesswomen who are inspired and equipped to create $1 billion (USD) in turnover and 200,000 employment opportunities in 5 years.
Women Creating Wealth (WCW) is calling on women South African entrepreneurs with a vision and ambition to grow their business 10X (times) in the next 5 years and create job opportunities to join our Pan-African Businesswomen Movement!
Important dates
| Item/Activity | Date | Time |
|---|---|---|
| Information session 1 | 8 February 2024 | 12 pm – 2 pm SAST |
| Information session 2 | 14 February 2024 | 12 pm – 2 pm SAST |
| Application deadline | 16 February 2024 | 12 am SAST |
| Application outcome notification | 22 – 23 February 2024 | All day |
| Entrepreneurs’ bootcamp | 26 & 27 February 2024 | 12 pm – 2 pm SAST |
| Course commencement | 4 March 2024 | TBC |
Who Should Apply? – Eligibility Criteria
- Women entrepreneurs in South Africa
- Age: 18 and above.
- Must be a registered business owner, with a minimum qualification of a matric certificate and be able to study online.
- Must have operated the business for 2 years or more.
- Have an operational business or a product/service that can be tested in the market with the potential for growth and impact.
- Businesses can be sole proprietorships, partnerships, companies, cooperatives, or groups.
- Have an annual business turnover between R120,000 – R10 million.
- Business must fall within any of the financial services sectors including:
- Accounting and Auditing Services
- Financial Consulting
- Payment Processing
- Insurance
- Investment Services
- Regulatory and Compliance Services
- Securities and Brokerage
- Financial Technology (FinTech)
- Real Estate and Mortgage Services
- Credit and Lending
- Other services (Agricultural, Manufacturing, Retail, Education and Training)
- What Documents Do You Need To Apply?
- Certified Identity Document (ID), not older than 3 months
- Proof of business registration certificate
- BEE certificate OR an affidavit, not older than 12 months
DEADLINE: 16 February, 2024
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MORE OPPORTUNITIES: SANZAF Bursary Program 2024 (All South African Provinces)
