Graça Machel Trust Women Creating Wealth (WCW) Entrepreneurship Program 2024
Deadline: 16th of February, 2024
The 2024 Graça Machel Trust Women Creating Wealth (WCW) Entrepreneurship Program is now accepting applications.The program is devoted to helping African women entrepreneurs succeed by giving them access to a thriving business environment and network, as well as the skills, resources, and mentality.
The Trust’s main entrepreneurship program, Women Creating Wealth (WCW), aims to strengthen the networks, confidence, and skills of female entrepreneurs so they can grow their companies and shift from generating money to creating wealth. One thousand female entrepreneurs in Eastern and Southern Africa have already benefited from the initiative.
The GRAça Machel Trust is inviting female South African business owners who have the goal of expanding their company ten times (or more) over the course of the next five years and generating employment to become a part of the Pan-African Businesswomen Movement!
Benefits:
- To have structured training on the WCW Online Ignite course with customized coaching, mentoring, advice, and technical assistance;
- To equip yourself with the mindset, tools, skills, resources and networks you need to accelerate the growth of your business to unleash your potential as a woman entrepreneur and a wealth creator;
- To set audacious goals, find accountability partners, and strengthen personal mastery, confidence and resilience to overcome obstacles;
- To receive invitations to regular entrepreneurship networking events and round tables to build social and business capital;
- To access a pool of rated service providers to support growth, access to markets and finance;
- After completion of the programme, you will become part of a 3-year dynamic movement led by women entrepreneurs with the ambition, vision, and commitment to create wealth for their families and employment opportunities for young people in their communities.
Eligibility:
- Women entrepreneurs in South Africa
- Age: 18 and above.
- Must be a registered business owner, with a minimum qualification of a matric certificate and be able to study online.
- Must have operated the business for 2 years or more.
- Have an operational business or a product/service that can be tested in the market with the potential for growth and impact.
- Businesses can be sole proprietorships, partnerships, companies, cooperatives, or groups.
- Have an annual business turnover between R120,000 – R10 million.
- Business must fall within any of the financial services sectors including:
- Accounting and Auditing Services
- Financial Consulting
- Payment Processing
- Insurance
- Investment Services
- Regulatory and Compliance Services
- Securities and Brokerage
- Financial Technology (FinTech)
- Real Estate and Mortgage Services
- Credit and Lending
- Other services (Agricultural, Manufacturing, Retail, Education and Training)
Program Delivery:
The Ignite course will be offered on an online platform (Learner Management System)– therefore, you need to have access to the internet.
- Self-learning sessions, coaching sessions and peer-to-peer learning opportunities;
- Virtual networking sessions/roundtables/workshops;
- Face-to-face workshops and networking sessions.
Programme Duration:
The programme duration is 10 months:
- 4 months of blended learning: recommended time commitment is 4-6 hours per week
- 6 months aftercare: recommended time commitment is 2-3 hours per week
- Upon completion of all required assignments and tasks you will receive:
- A WCW certificate of completion
- An invitation to be part of a vibrant WCW business community to stay inspired and have support on your journey of wealth creation.
Programme:
- This programme is free of charge to you!
- Your contribution:
- Get access to enough data/WIFI to study online and engage in the support facilities and business community;
- Keep and respect time for peer-to-peer, master coaching sessions and other events of the programme;
- Respond to surveys and questionnaires for programme adaptation and improvement;
- Interact and engage with fellow programme participants to make use of all the opportunities offered to help you succeed.
Required Documents:
- Certified Identity Document (ID), not older than 3 months
- Proof of business registration certificate
- BEE certificate OR an affidavit, not older than 12 months
