Archipelagos Capacity Building Program for Young Entrepreneurs and Student Graduates
Archipelagos Capacity Building Program for Young Entrepreneurs and Student Graduates
Archipelagos is a multi-year international cooperation program developed by Cassa Depositi e Prestiti, the Italian Financial Institution for International Development Cooperation, with the support of the European Commission.
Through this call for application, up to 1000+ SMEs will be selected across the African continent to join a dedicated capacity building Program designed to strengthen their capabilities and increase their readiness for capital markets.
The selected SMEs will embark on a tailored learning journey through the Archipelagos digital platform, where they will have access to training, mentoring, and networking opportunities.
At the end of this Program, the most promising SMEs will receive specialized support for raising funds in the capital markets through innovative debt instruments, supported by a guarantee facility from the European Commission.
Inspired by the Team Europe Initiative of Investing in Young Business in Africa (TEI IYBA), also young university graduates / young entrepreneurs will have access to the capacity building Program to strengthen their business skills and sharpen their knowledge.
Eligibility RequirementsTo participate in this program, SMEs should meet 5 pre-requisites:
Be Africa-based (incorporated or with main operations in Africa)
Have an annual turnover up to USD 50 million, with a minimum threshold of USD 1 million to be eligible for the financial guarantee
Be in operation since at least 2 years
Be a for-profit corporate (or other type of for-profit legal person)
Not be subject to any sanction or restriction
The Archipelagos is looking for participants willing to:
Develop new skills and capabilities by acquiring knowledge and expertise to grow their business and boost competitiveness
Look for guidance and support from experienced professionals to navigate new challenges and to receive
actionable advice to achieve their goals
Connect with other businesses and establish valuable connections that can help them grow and succeed, by sharing experiences, knowledge, and best practices
Explore potential collaborations and partnerships that can support them in achieving their business objectives
Pursue the chance to access debt capital to finance their growth, by connecting with a range of potential investors and differentiating their sources of funding
Each of the selected SMEs will receive access to the platform for up to 3 key figures within the organization (e.g., founder, finance manager, strategy manager).
In addition to SMEs, the capacity building platform is also open to young university graduates / young entrepreneurs that want to boost their academic journey and prepare to enter into the business world as well as those who look for strengthening their entrepreneurial skills.
When shortlisting the SMEs the following criteria will be considered:
Size of the business in terms of revenues and number of employees
Performance in terms of growth and profitability
Sector of reference and geographical footprint
Impact generated in terms of Diversity, Social safeguards and ESG
Fit with the Program objectives and type of support needed
How to Apply
For more information and job application details, see; Archipelagos Capacity Building Program for Young Entrepreneurs and Student Graduates
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