fbpx
Edit Content

Villgro Incubation Program: A Social Enterprise Booster

Villgro Incubation Program

The Villgro Incubation Program is currently accepting applications.

In the last 20 years, Villgro has helped to launch over 300 social enterprises. The incubation program has aided social entrepreneurs in validating their concepts, gaining valuable market insights, and establishing long-term distribution channels.

Villgro partners with tech-savvy businesses who are dedicated about solving problems in underserved areas. It adds to this by providing excellent business advice and marketing tactics.

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

See also: Filecoin Techstars Accelerator

Who Can Apply For The Villgro Incubation Program

Villgro Incubation Program is seeking for the most impactful and innovative enterprises. Selection criteria are the intersection of innovation with the potential to create large-scale impact, the ability to scale feasibly and achieve financial viability. The programs look for the following:

Potential to create social impact at scale

Does your solution have a tangible impact on the lives of the underserved? Will you be able to scale your solution to new geographies and markets?

An innovative solution

Have you discovered a new and unique solution to address a critical problem?

Demonstrated commitment

Are you all in, into the business? Do you have a minimum viable prototype ready?

Business feasibility

Have you figured out who your consumer is and the value proposition for them? Do you know how you will price your solution? Has your product been launched in the market?

Scalability

Are you aware, where demand for your solution would come from? Can your solution work for other markets, geographies, or consumers?

Team

Do you have a motivated and passionate team? Does your team have the technical expertise needed? Are you aware of the gaps in skills?

Villgro Incubation Program Benefits

  1. Seed Funding: Seed funding through grants or equity.
  2. High Touch Engagement: High touch engagement through an experienced team of sector experts and managers.
  3. Low-Bono Mentoring: A low-bono mentoring and technical assistance program to gain access to specialized skills and expertise.
  4. Networks and Connections: Networks and connections to successfully launch in the market and gain traction among customers.
Go from idea to starting your business in 30 days
Go from idea to starting your business in 30 days

See also: Alchemist Accelerator: Exclusively For Startups

Selection Process

Preliminary Assessment

If your solution answers the program mandates, a portfolio manager will set up a short call to learn more about you as well as help you understand the incubation offering better. They will also quickly research the social impact, market, competition, business feasibility and risks.

If the manager is convinced, they will discuss your business idea with the leadership team during the weekly Internal Committee meeting.

Due Diligence

With the Internal Committee’s approval, the portfolio manager and the sector lead will attempt to understand you and your business with greater depth. This will be done using information you provide, through secondary research, by consulting subject experts and also field visits. This helps the team determine your strengths and areas where you will need support.

If all goes well, you will present to their Investment Committee, which makes a decision on if you are a good fit for the company.

To know more and apply, visit their site.

Are you making leaps in your industry? Do you want to put your brand on the world map? We will love to tell your story on Entrepreneurs.ng.

Register for the business clinic to increase your sales and marketing effort.

Share:

Facebook
Twitter
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

How to build lasting relationships with customers

How To Build Lasting Relationships With Customers

Business sustainability is heavily hinged on building longstanding relationships with clients. How do you build lasting relationships with customers? This can be achieved by upselling and cross-selling. Given the competitiveness of business, new customer acquisition can be tough, so repeat business from already paying customers should be the goal. The

How to build a strong personal brand

4 Awesome Ways to Build a Strong Personal Brand

To build a strong personal brand, you have to be intentional. A personal brand is the unique combination of skills, experiences, and personality that you want the world to see. It’s the telling of your story, and how it reflects your conduct, behaviour, spoken and unspoken words, and attitudes. In

How to grow a side hustle

How to Grow Your Side Hustle Into a Successful Business

Many people start side hustles to earn extra income. But what if your side hustle could become your main source of income? Growing a side hustle is a skill. Do you have what it takes to grow a side hustle? If you don’t, we got you. Transforming your side hustle

Best sales books for entrepreneurs

Best Sales Books for Entrepreneurs and Business Owners

One effective way to stay ahead of the competition is by updating your knowledge in sales. There are a lot of sales books tailored to entrepreneurs. In this article, we will look at the best sales books for entrepreneurs. These books provide valuable strategies that can significantly impact business growth.

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up