International Courant
Image: Commonplace Chartered South Africa
Commonplace Chartered Financial institution South Africa has awarded USD50,000 to assist the expansion of feminine South African-owned companies beneath its Ladies in Expertise (WiT) programme, which launched earlier this 12 months. The Ladies in Tech programme supplied a platform for aspiring girls entrepreneurs in South African STEM (Science, Expertise, Engineering, Manufacturing) industries, creating their revolutionary tech-based enterprise concepts and accelerating their development. It can additionally supply a complete vary of sources, together with mentorship, coaching, networking alternatives, entry to funding, and a supportive group of like-minded people.
Image: Commonplace Chartered South Africa5 girls entrepreneurs within the expertise sector acquired $10,000 every to scale-up and develop their companies.
The companies which received had been:
The Commonplace Chartered Financial institution WiT programme acquired over 80 purposes, 29 companies had been shortlisted, and 12 finalists chosen to enter incubation. These short-listed companies pitched their concepts to a panel at present. With mixed assist from WomHub, the graduates will go away the programme with linkages and networks to develop and scale their enterprise.
Image: Commonplace Chartered South AfricaThe WiT programme, which launched in July this 12 months, was applied in partnership with WomHub and gives enterprise administration coaching, mentoring and seed funding to feminine entrepreneurs who use expertise to ship enterprise services. It aligns with requires extra variety in expertise and for extra alternatives for ladies to develop entrepreneurial and management experience. It additionally goals to assist the financial and social improvement of ladies in South Africa via innovation-driven entrepreneurship. Commonplace Chartered Ladies in Tech (WiT) helps female-led entrepreneurial groups with enterprise administration coaching, mentoring and seed funding. WiT was first launched in October 2014 by Commonplace Chartered Americas as a area people venture.
In 2022, the programme was lively in 9 markets. The beginning dates are proven in brackets for every market: Bahrain (2020), Ghana (2020), Kenya (2017), Korea (2020), Nigeria (2019), Pakistan (2019), UAE (2019), United States (2014) and Zambia (2020). Between 2019 and October 2021, the programme reached a complete of 1,962 girls and engaged 290 companies. The programme supplied over USD740,000 of funding to 152 start-ups to develop their enterprise concepts.
Commonplace Chartered South Africa invests $50,000 into Feminine
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