Vital Voices GROW Fellowship Accelerator Program 2020 for Female-Owned Businesses
Application to the Vital Voices GROW Fellowship Accelerator Program is now open for women owners of small and medium businesses in Latin America and the Caribbean, the Middle East and North Africa, and sub-Saharan Africa.
Application Deadline: 31st August 2019
Eligible Countries: Countries in Latin America and the Caribbean, the Middle East and North Africa, and Sub-Saharan Africa
About the Award: The VV GROW Fellowship is a highly competitive one-year accelerator program for women owners of small and medium businesses in Latin America and the Caribbean, the Middle East and North Africa, and sub-Saharan Africa. The program includes customized business skills training, technical assistance, leadership development, and access to networks to grow their businesses and increase their leadership impact.
Through global and regional online and in-person interventions, fellows focus on strategy and long-term business value paired with action-oriented plans. They amplify their role as leaders in their businesses and their communities to create jobs, stimulate long-term economic growth and produce wider social benefits.
The one-year program includes:
- Global Virtual Learning: Over 4 months, fellows complete a series of weekly webinars, assignments, online courses, assessments, and one-on-one calls with peers, Vital Voices staff, and trainers. Fellows begin to build their knowledge about marketing, networking, business planning, financial management and leadership, the core topics of the program. Fellows assess the current state of their business and leadership in order to determine where they are; analyze their business to identify opportunities for growth; and define specific business growth goals to identify where they want to go.
- Regional In-Person Training: Each year, fellows from each region gather in one country in their region to participate in a four-day, in-person training workshop that will guide them in creating an action plan outlining how they will accomplish their business growth goals. Fellows also get the opportunity to meet, network with, and learn from other fellows from their region, Vital Voices staff and trainers.
- Growth Services and Support: Following the in-person training, fellows carry out their action plans, revise them, and evaluate their progress towards their growth goals. Throughout the last 6 months of the fellowship, Vital Voices staff connects fellows to individualized growth services and support based on the goals and action items in their action plan
Eligibility: Women business owners in Latin America and the Caribbean, the Middle East and North Africa, and Sub-Saharan Africa, who:
- Own a business that has been in operation for at least 3 years,
- Employ at least 3 full time staff, and
- Generate at least USD $40,000 in annual sales
- Reside in the same country as your business for at least 7 months out of the year
- Are proficient in spoken and written English
Selection Criteria: As an interested applicant, you:
- Are motivated to build the skills and make the changes needed to grow your business
- Have the authority to make critical decisions within your business
- Have demonstrated leadership within your community
- Are enthusiastic about participating in a one-year business accelerator program
- Are willing to have Vital Voices track your business growth for 1 year during the Fellowship, and up to 5 years afterwards and are committed to participate in data collection methods including online surveys and phone calls
Number of Awards: Not specified
Value of Award: A limited number of need and merit based scholarships will be available. Details will be provided in the notifications of acceptance into the program.
The VV GROW Fellowship is a highly competitive program that provides customized business skills training and support valued at over US $25,000 per participant. Through the Fellowship, participants receive:
- Strengthened knowledge, skills, and confidence in 5 core areas: business planning, leadership, financial management, networking, and marketing
- Access to highly qualified staff and business consultants
- Interactive webinars led by expert trainers from across the globe
- A 4-day in-person, regional training workshop
- Joining a network of women business leaders from across the globe
- Referral(s) to business support services tailored to your needs
- A certificate of program completion
- Entry into the Vital Voices Global Leadership Network upon graduation
Duration of Program: 1 year
How to Apply: Apply here