The Program
The HerMeNow Accelerator is run in collaboration with a dynamic team of experts specialized in social entrepreneurship in MENA with more than 14 years of experience in the field: Bloom.pm
The participants are social enterprises created by women entrepreneurs who have already developed traction with their business and are ready to scale up.
What does the program look like?
Enterprises will get access to an empowering program that will include monetary prizes, mentoring, access to opportunities and more.
Open House
- Online discussions
- "Info sessions"
- Selection Process
Sprint
- High intensity workshops
- 1 on 1 follow-up
- Sprint demo day
- Selection process
Accelerator
- Weekly workshops
- Regular milestone check-ins
- Mentorship coordination
- Demo day
The Benefits
Here's the benefits for the enterprises participating in the program
1
2
3
Access to world-class training and support for enterprise/organizational development from our Trainers and Enterprise Support Fellows
USD $2,000 grant funding
Connections with Mentors/Experts worldwide to assist with key project needs.
4
5
6
Lifetime access to HerMeNow accelerator resources and network including mentors, investors, alumni and staff.
Personal and professional 5 day retreat in Dubai in February 2023 where profile speakers and advisors will be present
Links to key regional and global partners for possible downstream support.
Selection Criteria
Enterprises will be assessed along these different criteria, though not all are required for the program
1
Impact & Inclusion
What difference the enterprise will make, how many jobs will be created, what sort of marginalized communities are being impacted
Capacity
What skills, knowledge and resources need to be developed to deliver the idea
2
3
Feasibility
Whether the idea can be realistically delivered by the end of the program, and under budget
Sustainability
Whether the idea has the potential to become financially sustainable and last beyond the duration of the funding we provide
4
5
Stage of Enterprise & Product
Whether the enterprise is already generating revenue, as well as the stage of development of the specific product or branch that this program will support.
Innovation & Growth Potential
Whether the idea is new and different, and where or how it can potentially grow.
6
Eligibility
The enterprise is eligible if it meets the following criteria:
1
2
3
4
5
The enterprise is designed to be sustainable and economically viable
The enterprise generates a positive social impact
Tracking of social and financial impact
The enterprise has the potential to be self sustaining once the program has ended
Alignment with SDGs
6
7
8
9
Connecting financial performance to social impact
No restrictions on sociographic or other parameters regarding
participants
At least 2 team members working full time in the enterprise
Female-led enterprises and enterprises with higher diversity are particularly encouraged to apply
We are unable to support the following
1
Enterprises of only
one individual
2
Enterprises that are engaged with other entrepreneurship/innovation programs/accelerators
impact focus - the 2022 edition
CULTURE | MINDSETS | EDUCATION
We believe that radical change hinges on these three supreme pillars as the conditions and means by which solutions to other critical SDG* challenges may be unlocked.
We’re particularly interested in unlocking change that addresses
SDG1 "end poverty in all its form everywhere" mostly through job creation
SDG 5 "achieve gender equality and empower all women and girls"
SDG 10 "reducing inequality within and amongst countries"
*The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity.
Timeline
The 2022 HerMeNow Accelerator Cycle.
