Grindstone Accelerator 2022 for South African Startups. Apply below
Table of Contents
When is the Application Deadline:
30th April 2022
Tell Me About Grindstone Accelerator:
Grindstone is a structured entrepreneurship development programme that assists high-growth innovation-driven companies to get the fundamental building blocks in place to scale quickly and become sustainable and fundable.
Our Grindstone programme is now open for applications where we will select the top twenty innovative scaleups to provide them with knowledge, networks and funding readiness through growth measurement, gap analysis and deep interventions designed to build a foundation for growth. We transfer skills, create relevant business networks and enable these companies to take advantage of market access opportunities. We are running our programme for both Cape Town and Johannesburg cohorts this year, and will select the best ten applicants per city.
What Type of Scholarship is this?
Who can apply for Grindstone Accelerator?
- A South African registered company
- Post-revenue with some customer traction
- A dynamic team of awesome people
- Innovative business offering with a clear competitive differentiator
- Scalable business model
Which Countries are Eligible?
Where will Award be Taken?
We are running our programme for both Cape Town and Johannesburg cohorts this year, and will select the best ten applicants per city.
How Many Scholarships will be Given?
What is the Benefit of Grindstone Accelerator?
Grindstone has joined forces with the SA SME Fund, Deloitte, Thinkroom, Knife Capital,Microsoft for Startups, Webber Wentzel, ABSA and Google for Startups. The programme is aimed at entrepreneurs who are ready to take their businesses to the next level.
Business support resources and services will include elements of training, corporate advisory, coaching, mentorship and funding. Specific interventions for each company include a structured gap analysis, understanding of the company value system, building a digital go-to-market strategy, financial modelling, intellectual property assessment, strategic and financial valuation as well as populating a data room.
Favourable funding support will also be provided to the 20 Grindstone Companies to enable them to de-risk and close the initial growth gaps identified.
In addition to Knife Capital’s Funding Readiness Course: Find-Make-Grow-Realise, there will be 6 x 1-day workshops over the year…
- Culture & Strategy
- Sales & Marketing
- Market Positioning & Messaging
- Finance, Valuation and Exit
- Legal compliance & IP
Through Grindstone, Knife Capital forms long-term partnerships with scale-up entrepreneurs for a shared upside. Grindstone would not be possible if it wasn’t for our Programme partners who generously contribute their knowledge, services, time and funding.
How to Apply for Grindstone Accelerator:
It is important to go through all application requirements before applying.