The Agence Universitaire de la Francophonie (AUF) is excited to announce the opening of applications for the 6th edition of the Francophone African Virtual Incubator (IFAV) Program. Established in 2018, the IFAV program is designed to support innovative startup projects of a social nature, providing personalized assistance to young entrepreneurs in the creation and development of their ventures. Are you a young African entrepreneur with a passion for making a positive impact on society?
Who Should Apply?
The program is tailored for students or recent graduates from AUF-affiliated higher education establishments in French-speaking Africa. If you have a groundbreaking idea that addresses social, societal, or environmental needs on the African continent, this is your chance to turn it into a reality.
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What to Expect:
- Project Support: The IFAV program offers 12 pre-incubation sprints over three months, guiding you through the essential steps of launching a startup, from ideation to prototyping and market testing.
- Group Training: Engage in collective training sessions covering various topics such as digital marketing, sustainable development, CANVA business modeling, and go-to-market strategies.
- Individual Coaching: Benefit from one-on-one coaching sessions tailored to your project’s specific needs, ensuring comprehensive support for your entrepreneurial journey.
- Mentoring: Connect with industry experts through mentoring sessions, gaining valuable insights to overcome challenges and refine your business approach.
- Inspiring Talks: Immerse yourself in “Inspiring Talks” featuring successful entrepreneurs sharing their experiences, providing inspiration, and offering practical advice.
- “High Level” Support: Throughout the program, our dedicated teams will be there to address your needs and concerns, ensuring a supportive environment for your entrepreneurial endeavors.
- Funding Opportunities: Winning projects will not only receive awards but also gain access to various funding opportunities, fueling the growth and sustainability of your startup.
- B2B and B2C Relationships: By joining the IFAV program, you’ll become part of a network that includes AUF and LaStartupStation partners, opening doors to valuable B2B and B2C relationships.
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Key Eligibility Criteria:
- Project ideation phase
- Strong motivation and commitment
- Minimum 8 hours/week availability
- Based in Central Africa & Great Lakes, North Africa, West Africa, Southern Africa, Indian Ocean, and the Middle East
- Affiliated with an AUF member university or affiliated institution
Timeline:
- Call for applications: 01/10/2024 To 02/07/2024
- Call for Partnership: 01/15/2024 To 02/15/2024
- Pre-selection: 02/19/2024
- Bootcamp: 02/26/2024 and 02/27/2024
- Selection: 01/03/2024
- 12 pre-incubation sprints: 03/11/2024 to 05/31/2024
How to Apply:
If you are ready to embark on the adventure of business creation and meet the eligibility criteria, don’t miss this incredible opportunity. Visit [official website link] to submit your application before the deadline.
Join us in shaping the future of entrepreneurship in Africa through innovation, impact, and collaboration. The IFAV program is your gateway to turning dreams into reality. Apply now and let your entrepreneurial journey begin!