BACKGROUND
The Women Creating Wealth (WCW) is the flagship women’s entrepreneurship and enterprise Development accelerator within the Graça Machel Trust (GMT) Women’s Economic and Social Advancement (WESA) Programme. WESA aims to enhance women’s economic and social growth in Africa through network building, advocacy, and enterprise and leadership development in sectors such as finance, business, agribusiness, and media.
The WCW initiative aims to accelerate business growth for Africa’s ‘missing middle’ of women-owned small and medium companies (WSMBs) by catalysing increased access to capital and gender-responsive lobbying for a more favourable business climate. GMT is pleased to partner with Visa-Foundation to empower 100 WSMBs in Uganda, Kenya, and South Africa to experience accelerated business growth.
Project objectives are to:
- strengthen the investor readiness of participating WSMBs to position them to access capital.
- support the establishment of an innovative, responsive, and impact-driven Gender Lens Investment Fund (Afrishela) for African WSMBs
- Elevate the ‘access to capital agenda for WSMBs’ among private and public sector ecosystem players and gain their commitments to create a more enabling investment environment.
Requirement:
To provide a target number of assigned entrepreneurs with coaching and technical assistance support, including:
- Providing diagnostic business assessment and helping entrepreneurs define goals action plans.
- Reviewing and analysing business growth and determining investor readiness.
- Assisting businesses in preparing pitch decks that appropriately communicate business attractiveness to potential investors.
- Advising on the appropriate use of funds given the business model and growth plans.
- Sharing knowledge on various financing options available suitable to business stage and sector
- Make introductions to various financiers, act as a go-between in discussions, and provide feedback.
- Determining post-financing technical assistance needs with the entrepreneurs for funder consideration.
- Facilitating group and individual coaching and mentorship
- Facilitating financial readiness business clinics and advisory sessions
- Assisting entrepreneurs in strengthening governance practices in their businesses.
Eligibility Criteria:
The Graça Machel Trust (GMT) invites Individual eligible consultants to indicate their interest in providing the above services. Interested Individual consultants must have:
- A minimum Degree in Business Administration and Economics or equivalent professional.
- Qualification in Business Development, Accounting, HR, Finance and Banking.
- Minimum of 5 years’ experience as business development advisor, a finance/ investor specialist, investment analyst or banker with demonstrable results.
- Strong financial and Investment skills and abilities
- Experience with SMME development and financing management.
- Experience with investor-readiness facilitation and market access.
- Strong leadership skills, business development skills and ability to inspire and motivate entrepreneurs to achieve goals.
- Solid experience and passion for managing and coordinating projects.
- Extensive experience with marketing strategies, customer service and client centricity.
- Excellent communication, writing, interpersonal and analytical skills.
- Coaching credentials that demonstrate sensitivity and understanding of the gender gap and women’s financial inclusion will be advantageous.
Time Commitment and Fees:
The equivalent of 1 day a month @ $300 a day for 10 months.
How to apply:
To apply, you will need your CV, motivation, and evidence of appropriate skills and experience in similar assignments, including referrals and descriptions of similar projects.
Please send your expressions of interest by Friday, 28 July 2023, at 16:30 SAST. Please click here to fill in the form.
For any queries, please email us at:
South Africa: TanyaN@gracamacheltrust.org
Uganda: WardaK@gracamacheltrust.org
Kenya: MelissaM@gracamacheltrust.org
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