Published: 26 Sep 2024 303 views
Open Capital has partnered with Oxfam to provide business development support to impact-driven Kenyan SMEs through the Oxfam Impact SME (ISME) Development Program. The program offers subsidized support to impact-driven SMEs, unlocking their growth potential and capital to create great social and environmental impact.
Open Capital (OCA) is a management consulting and financial advisory firm that drives growth, enables investment, and builds markets across Africa. We help high-impact businesses achieve scale, support investors to deploy capital and enable the public sector to drive market-based solutions. Since we founded Open Capital in 2010, we have completed more 1200+ engagements across 27 countries in Africa. Our clients have transformed local industries in agribusiness, energy access, financial services, healthcare, and water & sanitation, among others. We have closed over $1.2 B in capital ra... continue reading
Application Deadline | Not Specified |
Country to study | Kenya |
Type | Entrepreneurs |
Sponsor | Open Capital |
Gender | Men and Women |
The benefits of the program include:
Access to tailored support targeted to your business needs e.g., investment readiness, sales and marketing strategy, operational improvements etc.
Access to an in-person group training which is structured around several key themes to develop your business further, e.g., marketing, fundraising, financial processes, talent, etc., and help scale impact e.g., circular business models, decent work, gender, and sustainable value chains
Networking opportunities and connections with investors and other SMEs to support the growth of their businesses
Access to tools to measure impact
Your business may be eligible for the program if it meets the following criteria:
Location: For-profit SME registered in Kenya
Stage of growth: Post-revenue and have found product-market fit (idea-stage businesses are not suitable)
Number of years of operation: At least 2 years of operation
Team: Has at least more than 2 employees
Impact: Demonstrates at least one of the following principles in its own operations and across its supply chains: sustainability, human rights protection, gender, and community inclusion, livelihoods, environmental conservation, climate resilience, circular economy
Need for tailored support: Could benefit from business support to prepare, plan for growth, and secure investment
For more details, visit Open Capital website.