Why Do You Give A Damn?
We believe that investing in local impact entrepreneurs will help the anticipated economic growth on the African continent in the next few decades be equitable. One of the best ways to achieve this equitable growth will be to invest in female African entrepreneurs.
We know women are vibrant and vital architects of society.
We know women are the best levers for change in our world.
We also know female entrepreneurs need to be championed.
More women are pursuing entrepreneurship in Africa per capita than anywhere else in the world. Unfortunately, they face greater challenges and are more likely to run low-growth businesses with few employees that primarily sustain their immediate families. For this reason, YGAP conduct a continent-wide search to bring together an unrivalled group of 15 African Female Founders for its YHER Accelerator. Founders running high-impact ventures aimed at improving the lives of women and girls.
What do you do?
Our mission is to help local entrepreneurs improve the lives of people living in disadvantage. YGAP believes in backing local entrepreneurs as they are the best positioned to find solutions to local problems.
- ACCELERATOR A week-long intensive entrepreneurship program designed to fast track your early stage venture.
- We’ll provide training and mentorship while also connecting you to an inspiring group of fellow female entrepreneurs MENTORSHIP Connection to a network of mentors from across the world throughout the Accelerator week.
- HIGH-TEA An opportunity for you to network with investors, funders, mentors and supporters.
- FUNDING Funding is available for the winners of our peer review and audience votes.
- GROWTH SUPPORT Potential to qualify for Growth support, including ongoing tailored support and grant or investment funding to help scale your venture.
- COMMUNITY Ongoing connection with our virtual community to help you along your entrepreneurial journey.
Why Does It Matter?
We truly believe that change is driven by socially conscious businesses and we want to see women running bigger and better ventures.
When it comes to venture capital, women receive only 3–5% of the funding available and less than 5% of venture capital firms are led by women, and the number is even smaller for women of colour.
For female entrepreneurs who are early stage and focus on social impact – the challenge becomes even harder.
We believe backing local entrepreneurs is the most effective, sustainable means of tackling poverty because it redistributes power and choice to disadvantaged communities. These local leaders understand the unique challenges and strengths of their communities and are often much better positioned to identify opportunities to change lives through the establishment of social business opportunities.
YGAP focuses on early-stage ventures that improve access to education or healthcare, create jobs or build safer homes.
Where can you be found …
The YGAP Head Office is in Melbourne, but we run in-country operations in
- Kenya and
- South Africa
hashtags: #TheFutureIsFemale #GirlItISPossible #BePartOfSomethingIncredible
One of our female Entrepreneurs – Peggy Mativo – PACE International
Founders and Board Members
- Elena Critchley: YGAP Co-Founder
- Elliot Costello: YGAP CEO and Co-Founder
- Aaron Tait: YGAP Chief Impact Officer
- Adrian Lynch: Senior Associate, Nodco Legal
- Daniel Madhavan (Chair): Former CEO, Impact Investing Australia
- David Curtis: Director of Innovation, World Vision Australia
- Kaitlin Tait: YGAP Impact General Manager
- Manita Ray: YGAP Chief Operating Officer
- Marianne Roux: Head of Consulting, Cirrus Asia Pacific.