Applications are open for Blue Economy – Panega Accelerator Program 2021. The program is designed to support women and youth-owned, ocean-based enterprises to sustain business growth through facilitating access to financing, business support, and technology adoption. Panega Accelator sees a need for ecosystem building in Africa; it hopes to play a role in driving the Blue economy sector forward.
Blue Economy – Panega Accelerator Program opens a door of opportunities for your startup, from Networking to practical lessons on how to run your business, you will be able to build relationships and tap into a sea of knowledge that will last your more than three months.
- Business 2 Business Sales Opportunities: The program will support entrepreneurs access market linkages through B2B opportunities with leading businesses in the sector.
- Adaptive Learning: Entrepreneurs will undergo an intensive period of business evaluation and diagnosis. The curriculum is then tailored to meet the unique needs of each company.
- Access to Seed Capital: The program will groom participants to have the necessary tools and skills to secure investment from a pre-selected pool of investors. The program focus on two categories of investors focusing on early stage funding of up to $100,000 USD or seed funding which ranges up to $500,000 USD
- Personalized Coaching: Experienced coaches will facilitate scheduled or need-based mentorship to provide personalized attention in addressing each company’s needs. In addition to that, coaches also support tailoring growth strategies and pathways
Basically, panega accelerator program is looking for startups in:
- Cold chain logistics
- Climate action
- Maritime and shipping
- Digital solutions
- Security and Data
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