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Home Startups South African startups invited to apply for the Circular Economy Accelerator.

South African startups invited to apply for the Circular Economy Accelerator.

by Weddy Thuranira
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Fetola, a business growth firm, has started applications for its Circular Economy Accelerator (CEA), which seeks to give mentoring and skills development to South African entrepreneurs aiming to scale their firms in the circular economy.

Sixty-five entrepreneurs will be able to participate in the 18-month incubator program, which is specifically designed for South African startups and women-owned firms. Entrepreneurs will gain new skills and develop their products and services during the program, allowing them to take advantage of growth prospects.

Throughout the program, they will have access to a variety of unique investment, funding, and mentoring opportunities, such as business skills development workshops, strategic planning and gap analysis, mentoring and coaching, brand building interventions, peer-to-peer networking, access to sector-specific resources, and performance evaluation. Participants will be assigned an accountability partner and will be connected to a peer network to learn from one another.

“The circular economy has an important role to play in South Africa’s economy, and it’s essential that we ensure entrepreneurs in this sector are given the support they need to thrive. Our expertise lies in supporting entrepreneurs to build businesses that last,” said Catherine Wijnberg, CEO of Fetola.

“The CEA is different from other incubators. It’s professional, personal and practical. The programme maximises the success of your business by harnessing the experience of skill mentors and partnerships of a peer network. The programme is ideal for entrepreneurs who are passionate about their business and determined to improve their success rates. It’s for businesses in the circular economy or making a positive impact on the environment by designing out waste and pollution.”

Applications are open here until February 16.

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