The Growth Accelerator is developed and delivered by an international consortium of partners which combines the best from different worlds. The local anchor partner mHub brings pioneering local insights, network and experience with early stage startups. This is paired with the extensive acceleration experience brought in by the African accelerator GrowthAfrica. Lastly the Malawi focused Dutch impact investment company Accesserator provides potential matching financing to the participants. The implementing partners are supported by UNDP Malawi and the Royal Norwegian Embassy in Malawi.
UNDP works in more than 170 countries and territories, helping to achieve the eradication of poverty and the reduction of inequalities and exclusion. They help countries develop policies, leadership skills, partnering abilities, institutional capabilities and build resilience to sustain development results. UNDP has been present in Malawi since 1964.
The Royal Norwegian Embassy in Malawi is responsible for official and diplomatic relations between the two countries, as well as overseeing development cooperation between Norway and Malawi.
mHub is the leading implementing partner of the Growth Accelerator Entrepreneurship Challenge. mHub is Malawi’s first innovation hub and incubator founded in 2013 for emerging entrepreneurs with co-working spaces in Lilongwe and Blantyre. The hub is a social enterprise that nurtures young innovators and entrepreneurs with technical and business skills to create sustainable business solutions. The hub also champions the development of local technology solutions. The hub has trained over 20,000 youths with digital and entrepreneurship skills. It incubates 15 emerging entrepreneurs. For more info: www.mhubmw.com
GrowthAfrica will be providing technical assistance for the Growth Accelerator Program. GrowthAfrica was established in Nairobi, Kenya in 2002 acting as vehicle to facilitate wealth creation in Africa through strengthening of SMEs and Start-Ups, facilitation of Business to Business (B2B) partnerships and knowledge transfer between African and western businesses.
GrowthAfrica has since 2012 run 14 acceleration programmes graduating 152 ventures and 292 entrepreneurs from its programmes. The programmes are currently run in Kenya, Uganda, Ethiopia and from March also in Zambia. For more info: www.growthafrica.com
Accesserator is an impact investor for start-ups in Malawi and potential other Sub Saharan countries, with a registered address at Zonstraat 91, 3581 MR Utrecht, the Netherlands. For more info: www.accesserator.com.
Kweza Partners is a small private equity firm based in Malawi. Its goal is to support business growth by investing in start-ups and small businesses, thereby accelerating Malawi’s development and job creation. The founding partners firmly believe that Malawians are industrious entrepreneurs which are in need of capital to move their businesses from a subsistence level to one where they become job creators. Kweza Partners also supports entrepreneurs with advice and business strategy.