The objective of Growth Accelerator is to provide a competitively selected cohort of ambitious and innovative entrepreneurs with access to technical assistance, mentorship and business co-financing to enable growth and scaling of their businesses. The accelerator sets out to identify innovative early-stage entrepreneurs that are seeking hands-on technical skills, mentorship and capital to scale-up their ventures.
We support entrepreneurs in cohorts
Growth Accelerator Impact stories
Uchembere Wabwino Maternity, a private clinic situated in Mzuzu, has renovated part of its facility…
Procurement of high-tech laboratory equipment at Apex Medical Laboratories has helped to accelerate the business…
Located in Chintheche, Nkhata bay a resort district in northern region, Chatonda Lodge is a…
Amazing Bakes a family confectionary business founded by Mwawi and Grace Msiska is one of…
As a way of addressing issues of waste management, energy and Agriculture, EcoGen company has…
JAT Investments has trained almost 144 women and youths with skills in mushroom production to…
Story By: Fazilla Tembo – Contributor (The Nation Newspaper Malawi) For Siyaphela Makunganya 33years…
Amazing bakes is one among eleven businesses that are benefiting from the fifth cohort of…
Dairy Times News Paper- https://times.mw/ (Fazilla Tembo-Cobtributer) Over 60 local entrepreneurs have benefited from Growth…
What entrepreneurs say about the accelerator
Our entrepreneurs share their experience with the Growth Accelerator Programme
Growth Accelerator has been an eye-opening experience for me as a founder. I was challenged by the critical sessions administered by the team. They helped me improve my business overall.
Chikondi MichongweAfrocentric Lifestyle
I am glad to have joined this programme in the early in running my business. The programme offered much needed guidance. In addition, the financing for the programme has assisted greatly in building my production factory.
Mdingase Chirwa TeweteKombeza Foods Ltd
Growth Accelerator has challenged me to be innovative and strategic about my business. It has helped me understand the various models that make my business profitable and how to leverage on those elements for future growth.
Tinashe MapingureWarm Heart Children's Therapy and Wellness
Growth Accelerator has exposed me to a community of ambitious and inspiring entrepreneurs. I am driven to do more and encouraged to be more by this community of beautiful people.
Temwani GundaJAT Investments
Project Financing Partners
For the ventures which do not have the required at least 30% cash matching contribution, UNDP has gone into arrangement with financing partners who are available to provide the matching contribution in the of form a bridging loan facility upon meeting each financing partners’ requirements. The current financing partners are: National Bank of Malawi, Standard Bank, NBS Bank, Eco Bank, Malawi Agriculture and Industrial Investment Corporation (MAIIC).