On August 30, the SIBC officially launched its 6e edition, by welcoming the 43 entrepreneurs of the 2022 cohort. These social and inclusive entrepreneurs were selected from over 380 applications across the African continent to participate in a comprehensive program, including training, mentoring, peer exchanges or meetings with investors, whose aim is to prepare them for their scaling up. .
Participate in the acceleration of social and inclusive innovation on the African continent: this is the objective set by the French development agency when it launched the Social & Inclusive Business Camp (SIBC) program in 2017, implemented by the AFD Campus.
Each year, the SIBC offers a cohort of Anglophone and Francophone African entrepreneurs a full support on 5 key themes for scaling. Leadership, formalization of scale-up, team structuring, impact measurement and fundraising preparation are covered during 13 weeks of online training and 5 days boot camp intensive practice in Marseille. They will then be invited to attend the Emerging Valley Summit on November 28 and 29 to meet key players in the ecosystem, notably through speed meetings with international investors.
In addition to training and creating funding opportunities, the SIBC places at the heart of its program the animation of a vibrant community of nearly 240 social and inclusive entrepreneurs, are committed to developing more sustainable and inclusive businesses in various sectors of activity, such as agri-food, sustainable development, energy, education or health. SIBC laureates thus benefit from access to this extensive network and from a mentorship by program alumni.
So this year, the program opens its doors to a new cohort of 43 entrepreneurs with great potential for impact on the continent.
AN INNOVATIVE SUPPORT PROGRAM ADAPTED TO THE NEEDS OF ENTREPRENEURS IN THE GROWTH AND FUNDRAISING PHASE
Since 2020, the program has been implemented by a consortium of partners – Investisseurs & Partenaires, African Management Institute (AMI), ScaleChanger and StartupBRICS. With a strong teaching team and in-depth knowledge of African entrepreneurship, the consortium ensures entrepreneurial skills development through innovative pedagogy and networking with the African entrepreneurship ecosystem and with potential investors.
The SIBC educational trajectory is based on 3 areas of support to best prepare companies for their future stages of development:
- Three months of distance learning, bringing the cohort together every two weeks in live sessions, and through hands-on open-access resources and tools around the key themes of the program.
- A week of face-to-face bootcamp with the aim of enabling entrepreneurs to deepen the topics studied and put their learning into practice, followed by their participation in the EMERGING Valley summit, to pitch their project and meet potential investors and partners.
- a guidance system, pairing each winner with a previous class alumnus for the duration of the program.
In addition to thematic training aimed at strengthening the skills and capabilities of entrepreneurs, the SIBC draws its wealth from the strength of its community that unites a large network of actorswhose :
- An African community of alumni, enable entrepreneurs to better connect and develop areas of cooperation (strategic partnerships, access to new markets, contacts, etc.), outside the support programme.
- Entrepreneurs and experts (investors, personnel specialists, management coaches or even leaders of growing companies) who can meet entrepreneurs during the program to learn and be inspired, but also to make first important contacts, which can lead to a technical or financial partnership.
The last edition performed by the SIBC in the current form of the program, this class of 2022 is all the more special and expected. The bootcamp week, followed by the Emerging Valley 2022 summit, is also an opportunity for AFD and the consortium to look back on the highlights and major successes of the SIBC over the past six years.
HONORED WOMEN ENTREPRENEURS, MAKING MORE THAN HALF OF THIS COHORT 2022
This year, 43 companies problems of 18 African countries will participate in the SIBC. Most of them were selected as part of a call for applications for the SIBC, and 7 others are the winners of the 2022 edition of two program partner competitions:
- EMERGING Mediterranean, an unprecedented program to accelerate and scale Maghreb startups in Tech for Good and positive innovation (6 winners);
- RFI’s Challenge App Afrique, a competition aimed at supporting the development of digital applications in information and communication technologies (ICT) to promote agriculture (1 winner)
Active in various sectors (agrifood, sustainable development, energy, education, health, etc.), these entrepreneurs, of which more than half are women, share inspiring and hopeful paths, through their entrepreneurial spirit to respond to concrete social and/or environmental issues. This one social and/or inclusive entrepreneurs thus combining economic viability and mission of impact, by innovating both in the products and services they develop, as well as in their interactions with their value chains or in the construction of their economic model.