Application & Selection

Application from Addis Ababa, Oromia, Amhara, Tigray, SNNPR and Somali Regional State will be gathered and evaluated for a preliminary selection.

Training & BDS

Pre-screened applicants will go through an intensive UNCTAD based entrepreneurship, pitching and business plan advisory support services. 

Incubation

Top enterprises with a promising growth potential will be provided with financial, 10 month incubation, advanced BDS supports, investment and market linkage. 

2020 Incubation Program

The primary aim of this program is to develop innovative businesses that are being commercialized and be able to create sustainable profit to the owners, and create more jobs to the community. Intended major outcomes include improved performances of incubated businesses (increased sales, innovative products, branches, expanded markets and others), increase in the number of additional jobs, and improved contribution to the local economy. The competition and incubation program will be implemented in Addis Ababa, Amhara, Oromia, SNNPR, Sidama, Somali and Tigray Regional States. 

Application Forms - የማመልከቻ ቅፆች

English

አማርኛ

ትግርኛ

Afaan Oromo

Prizes

200,000 ETB
175,000 ETB
150,000 ETB
125,000 ETB
100,000 ETB
trng
access to finance2
training service
coworking

Incubation Support Services

The incubatees will be provided with required office spaces along with access to internet and telephone services; awarded seed money that can be assigned for a specified purposes (discussed and agreed with EDC); and provided with training and continuous one-to-one business development support inline with their needs and challenges. 


Furthermore, the incubatees will be connected to investors/banks for access to finance, and linked to local government offices for facilitating working space/shade/land. All these supports will be tailored to the incubatees’ development stages and required interventions.      

Startups

The call is open for all startups with formal licences or on a prototype development stage.

Priority Sector

All sectors are welcome to apply especially digital-heavy startups already operating or with a prototype on the go. 

Women & Youth

All women & youth aged 18+ aspiring to solve problems of their community through innovative ideas. 

Fresh Start

We are looking for applicants with no prior exposure for a similar short or long-term incubation program engagement. 

eligibility-criteria

Timeline

August 24, 2020
Application Launches

October 24, 2020

Application Closes

October 25 - 30, 2020

Screening & 1st Round Selection

November 1 - 5 , 2020

Selection & Announcement

November 12 - 17 , 2020

Training, Initial Coaching & Pitching

November 17 - 23, 2020

Semi finals

November 24 - 28, 2020

Grand Finale

November 30, 2020

December 2020 - June 2021

Incubation, Seed Funding, Support

July 2021

Graduation of Incubatees

Application Forms - የማመልከቻ ቅፆች

English

አማርኛ

ትግርኛ

Afaan Oromo

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