Access Bank Plc has unveiled the third edition of its Womenpreneur Pitch-a-ton Africa programme, as part of its mandate to empower female entrepreneurs with financial and business skills.
The programme was designed to create an enabling environment for female entrepreneurs to grow their businesses, as well as provide female-owned businesses across Africa an opportunity to access finance, world-class business trainings as well as mentoring opportunities.
At the launch of the third edition of the initiative, the Group’s Head W Initiative, Ayona Trimnell, said, “Access Bank has been a leading advocate for women’s economic empowerment in Africa and this is the key motivation for the ‘W’ Initiative which caters to the women economy particularly in the areas of financing, capacity building and creating networking opportunities for women.”
She spoke further that “we launched the first Womenpreneur pitch-a-ton initiative in 2019 in line with our value proposition to be the Number One Bank of Choice for women in Nigeria, and we have received over 100,000 applications over the last two years.
“In 2020, despite the pandemic, we were able to expand the programme to other female entrepreneurs across seven African countries with three winners emerging from Sierra Leone, Ghana and Zambia, out of 50 finalists.
“This year we are making the programme bigger and better by increasing the numbers to 100 women entrepreneurs who will emerge as finalists.
“The programme will also be opening up to a total of nine African countries – Nigeria, Ghana, Zambia, Rwanda, Mozambique, Kenya, Democratic Republic of Congo, Sierra Leone and The Gambia.”
The 2021 Womenpreneur Pitch-a-ton Africa programme officially kicked off on Monday, June 21 and would end on August 13, with the offer of financial grants, an exclusive certified capacity building programme and business coaching, aimed at empowering women entrepreneurs.
Interested female entrepreneurs who meet the criteria of having an existing business for at least one year with at least 50% female ownership and between the age range of 18 to 45 years are eligible and required to fill an online application on www.womenpreneur.ng
All online applications will be reviewed and screened by independent business experts to five hundred (500) candidates who will be required to send in a 60-second video pitch, for the opportunity to be selected as part of the final top 100 candidates who will benefit from an exclusive and certified Mini-MBA and grant prizes.
“The programme is designed as a three-month period comprising 12 weeks of mini-MBA training in collaboration with the International Finance Corporation (IFC) and pitching sessions to a Pan-African Jury panel where the top one hundred (100) finalists will pitch their businesses, infusing learnings from the mini-MBA and will stand an opportunity to win financial grants and other consolation prizes.”
As a leading commercial bank in Nigeria, Access Bank has made significant investments aimed at enhancing growth in the Small and Medium-size Enterprise sector.
The Bank is also a major advocate for women in business through innovative offerings like the W Power Loan, a discounted financing at 15% interest per annum, for women to grow their business as well as other Business Support Services.
The Womenpreneur Pitch-a-ton Africa Programme is the first women-in-business support initiative of its kind in the industry.
