Call for Applications: Graça Machel Trust (GMT)s Women Creating Wealth Programme-Intergenerational Edition (WCW-I)

Fellowships & Trainings

Graça Machel Trust

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Women Creating Wealth – Intergenerational (WCW-I) Edition

Call for Applications

The Programme

We are excited to announce the expansion of the Graça Machel Trust (GMT)s Women Creating Wealth Programme-Intergenerational Edition (WCW-I) in partnership with the Mastercard Foundation aimed at transforming Africa’s economies through meaningful and productive exchange and collaboration between women.

The Challenge

Africa has the youngest and fastest-growing continent in the world and by 2030, the number of young people in the African labour force will increase to 375 million. With limited formal employment opportunities and high levels of under-employment and lack of decent working conditions, young people across the continent continue to face the challenge of generating income. Young women in particular, face triple challenges linked to their conditions of being young, women and unemployed.

In the realm of entrepreneurship, businesses owned by women tend to be of smaller scale and have a smaller workforce. The findings from the Global Entrepreneurship Monitor suggest that women are more inclined than men to operate sole proprietorships without any staff.

Our Solution

The Women Creating Wealth (WCW) programme is the Trust’s flagship entrepreneurship program designed to build women entrepreneurs confidence, skills & networks to scale their businesses and transition from income generation to wealth creation. Our entrepreneurship program has impacted 500 women entrepreneurs in Southern & and East Africa.

Our big audacious goal for WCW expansion is 10,000 businesswomen who are inspired and equipped to create $1 billion and 200,000 jobs in 5 years.

We are calling on young entrepreneurs with a vision and ambition to grow their business 10X in the next 5 years to join our pan-African business women movement.

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  • Be part of an expanding community of businesswomen striving for wealth creation and leading the transformation of African economies
  • Become a part of the dynamic movement led by young women entrepreneurs, dedicated to creating employment opportunities for fellow young people
  • Equip yourself with the mindset, tools, skills, resources and network you need to accelerate the growth of your business to unleash your potential as a Young Women Entrepreneur and a Wealth Creator
  • Strengthen your resilience to succeed
  • Optimize your go to market and market access strategies
  • Strengthen your position to access finance and investment
  • Structured training on the WCW Online Ignite courses
  • Dedicated support through customized coaching, mentoring and technical advice
  • Support to develop your toolbox of resources for growth
  • Access to a vibrant and supportive Business Community
  • Invitation to regular entrepreneurship networking events and round tables to build social capital
  • Access to a pool of rated service providers to support growth, access to markets and finance.
  • Be operating a business in at least one of the following countries: Kenya, Malawi, Senegal, South Africa, Tanzania, Zambia at the date of application;
  • Be a young woman entrepreneur (between the age of 18 and 35years)
  • Have an annual business turnover of between $10,000 to $500,000
  • Have business experience of 2 years of operating any form of business
  • Must have an operational business or a product/service that has been tested in the market with the potential for growth and impact.
  • Business should be in operation (does not need to be registered)
  • Must have completed secondary school education
  • Operating in the following sectors:
    • Agriculture
    • Tourism
    • Manufacturing and Value addition,
    • Transport and Infrastructure,
    • Information & Communications Technology (ICT),
    • Building & Construction, Trade and services

The program duration is 10 months:

  • 2 months of blended learning training – recommended time commitment is 6 hours a week
  • 8 months aftercare – 4 hours per month
  • The program is delivered primarily online through peer-to-peer learning and master coaching.
  • Closing date: 24 September 2023
  • Information sessions:
    • 15 September 2023 at 12.00pm SAST (13:00 EAT) – this session will be conducted in English) and
    • 21 September at 12.00pm SAST (13:00 EAT) – this sessions will include French and Swahili translation
  • Course enrolment orientation: 6 October 2023
Register for information session