VC4 Impact SME Development Program 2022

Oxfam believes SMEs have the potential to contribute to sustainable growth through increased employment, higher income and relevant products and services for people living in poverty, particularly small holder farmers, youth and women.

To help SMEs live up to their potential, we know they need more than capital alone. Hence, Oxfam provides tailor made business development services to support SMEs in Nigeria, Somalia, Uganda and Vietnam. 

Work in Progress! Alliance

The Work in Progress! Alliance is focused on unlocking the economic potential of young men and women in Nigeria, Egypt and Somalia; create jobs and stimulate entrepreneurship by improving the skills of young people, strengthening small and medium enterprises (SMEs) and creating an enabling environment.

Alliance members include Oxfam, Venture Capital for Africa (VC4A), Butterfly Works & IOM.

About VC4A

VC4A started with the mission to build up Africa’s start up community. Started in 2007, the network building organization has grown organically over the years into what is now the leading community working to build high growth high impact companies globally. Increased economic momentum is fueled by a growing number of entrepreneurs and their ambition to transform society. It is imperative we seek out the collaborations and partnerships needed to bring together the capital, knowledge, and network these entrepreneurs require to succeed – and to provide every entrepreneur with an e... read more

Impact SME Development Program

Aim and Benefits of Impact SME Development Program

• Oxfam provides tailor made business development services to support SMEs in Nigeria, Somalia, Uganda and Vietnam. 
• We expect entrepreneurs to contribute to the costs of the business development support to some extent

Requirements for Impact SME Development Program Qualification

• Agriculture (the entire value chain), Manufacturing, Producers of Women’s consumer product, ICT, Renewable Energy, Recycling
• Entrepreneurs between ages: 25 – 40 Years
• Annual turnover: N40 million & above
• No of employees: 10 – 250
• Years of existence: At least 2 years
• Counterpart/commitment fee if selected: N75,000

Interview date, Process and Venue for Impact SME Development Program

We select businesses based on an assessment of their plans and financial potential and on the social impact that they expect to deliver for their community. To ensure businesses deliver on the latter, social impact is monitored consistently from the start and measured over a period of time.

Application Deadline

How to Apply

For more details, visit VC4A website.