Resolution Project (Resolution) is providing an opportunity for young social entrepreneurs in Africa with the support of the Mastercard Foundation (MCF).
The Accelerating Impact Challenge (AIC) is an exciting program, with tailored educational resources and access to exceptional subject matter experts, culminating in a pitch challenge for follow-on funding. AIC is open to Resolution Fellows and/or MCF Scholars (current or alumni) working on a scaling social enterprise that supports beneficiaries from the continent of Africa.
Successful applicants will be given access to a combination of virtual programming and in-person networking events, showcase, and pitch competition. AIC is set to begin in July and will end with a formal showcase and pitch competition to leading social sector investors and grantmakers at the September 2022 Baobab Summit in Kigali, Rwanda. (Participation in AIC is free. Airfare, accommodation, visas, majority of meals, and ground transportation to and from the venue will all be covered either in advance or through reimbursements.)
Ventures that are ultimately selected for funding can expect awards ranging from $10,000-$50,000. Resolution is a convener of AIC but is not a funder. Funding terms will be finalized directly between participants and the funder.
Applications will be due in June, the cohort will be selected by mid-July, education activities and access to SMEs will be in July and August, culminating in the in-person event in September.
In preparation for the in-person convening, Resolution will facilitate short, interactive workshops (virtually) with experts discussing topics and take-away assignments. Participants will also be given access to two rounds of Open Office Hours that will help them prepare for the in-person meeting and pitches with funders.
Workshops offered (and participation highly encouraged) include:
Open Office Hours (participation encouraged): an accessible online version of the traditional college-style office hour, in which Subject Matter Experts (SME) hold a 25- to 30-minute informal discussion based on participants’ needs on a topic within their expertise and take questions regarding that topic.
A Pre-Departure Brief will take place in advance of the Summit (end of August).
Participants will then take part in the following: