Benefits of ygap South Africa Accelerator program
Ventures chosen for the ygap Accelerator Program will graduate with:
- A proven and validated Theory of Change
- Proof of product-market fit with a clear value-proposition for key customer segments
- A validated business model that verifies the desirability, the feasibility and the viability of the business
- Detailed financial statements including income statements and cash flow statements
- Proven growth traction demonstrated through data across key metrics
- A reasonable and viable 12-month growth plan with a clear plan of action, quarterly milestones and projections
They expect that ventures who complete the ygap Accelerator Program to increase their revenue, create employment opportunities and secure further investment, thereby making a real difference in the communities they operate within.
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Eligibility
- Ventures that are operating in the area of Agriculture. We particularly encourage Black and women-led businesses working in the areas of climate and sustainability, livelihoods or food security.
- Ventures that are post-revenue and able to provide evidence of commercial transactions.
- Ventures that clearly recognise and desire the benefits and value of participating in the ygap program. ygap invests deeply in the ventures we support, and expect the same level of dedication and investment in participating in the ygap program.
- Ventures that have a social or environmental focus. Through the operation of the business, ventures must be working toward making their community, their city, or their country a better place.
- Ventures that are “local” to the issue they’re solving, intimately connected to their community, passionate and committed, and it for the long-haul.
- Ventures that have already launched and are currently operational. In most cases, participating ventures must be formally registered and proof of this status will be required (unless this is not applicable to where your business runs).