ABOUT LED19
The Local Economy Development (LED) is a Tentmaker Ghana incubator program targeted at entrepreneurs with viable ideas who want to build a global sustainable business. LED19 bring life to the idea of participating entrepreneurs by providing the platform, resources and capacity needed to turn the idea into a business. We do this through Idea Validation, business modelling workshops, mentorship, partnerships and funding support, co-working facilities and exposure necessary to ensure the solution is build to last and scale.
At Tentmaker, we believe if our communities are supported with the right skills, platforms and resources, we can develop our local economies to be self-sufficient. We believe the solutions to our local economic challenges lies within the same reach.
LED is a two session incubator program organised at each half of the year for individuals who have solution-drive ideas that can change our society. This is an all industry incubator program.
As an innovation centre, we are connected to resources both locally and internationally to ensure entrepreneurs are developed to global standards.
Eligibility:
To be part of the LED19, applicants must have a viable idea and must be willing to go through the incubator process if selected. The business must be at the idea stage to be eligible (must not have been started at the time of application).
ApplicationProcess:
Applicants must complete an application form indicating the viability, scalability and the target market as well as how much is needed to start the business. We shall accept only 20 participants for each program this year (LED is organised twice each year). After the initial stages of the program which entails idea validation, workshop and pitching; five (5) participants who demonstrates strong business model, scalability and capacity will be selected for a six months FREE incubation period during which the entrepreneur(s) will be mentored, supported to develop prototype/design product or service and startup the business. Apply here
Fee
Applicants will pay a fee of GHC250.00 when accepted into the program.
Program Timelines
Application Open: 8th – 19th January, 2019
Idea Validation and Selection of Participants: 22nd – 27th January, 2019
Training Workshop: 29th January – 2nd March, 2019
Pitching and Selection for Incubation: 5th – 9th March, 2019
Incubation (Mentoring/Prototyping/support to startup): 2nd April – 28th Sept, 2019
Benefits
- Validation of Idea to determine its economic viability.
- Mentorship by experience mentors.
- Opportunity for Funding.
- Attend the Incubator workshop that helps in building a global brand, build partnerships, source for funding etc
- Opportunity to have access to global market.
- Access to local and international platform of creative entrepreneurs
- Enrol as part of our Community of Entrepreneurs with full benefit
- Access to co-working space and private offices
- Access to community programs and networking events
- And many more from our pool of resources.