Empowering Entrepreneurship Initiative
The Empowering Entrepreneurship Initiative was created to provide direct support for entrepreneurs in emerging markets. Derived from a number of our portfolio products, the Empowering Entrepreneurship Initiative provides innovative businesses with a curated combination of mentoring, workshops, network building and direct financial support.
How it works
1. Application process
The application process is carried out over 3 rounds. To complete the first round, fill the online form that validates your eligibility for the program. If selected for the 2nd round, you will receive a link to a second form to provide more details on your business. If you’re selected for the 3rd round, you will receive a 30-minute interview appointment.
2. Selection process
Based on the interview and the application, your business receives a score out of 5 that is calculated based on weighted assessment of different selection criteria. You can learn about a program’s criteria, their definitions and relative weight on the program page.
3. Virtual learning platform
For the first half of the program, you will take part in monthly training sessions, live discussions, local workshops and weekly resources on resilient leadership, sustainability, innovation and digital transformation.
4. Financial support
For the 6 months program duration, your team will receive direct financial support of up to 9,000 Euros over a duration of 6 months to sustain your operations and support your product/service development and growth.
For the second half of the program, you will be matched with a dedicated mentor from TUI Group and international experts in the tourism industry to guide you through the unique challenges of your business.
6. Alumni & community
Following the successful completion of the program, you will become part of the Empowering Entrepreneurship Initiative’s alumni network and receive access to perks, networking opportunities, and continued support from the enpact team.
Impact at a Glance
August 2020 to June 2022
Direct financial support
€9K per business over a six-month period
EEI aims to provide innovative businesses with a curated combination of mentoring, workshops, network building and direct financial support.
Egypt, Tunisia, Jordan, Ghana, Kenya, South Africa, Indonesia, Mexico
Application Open: Apply now for UMBI!
Innovation challenge for companies in Germany and India interested in urban mobility.
Location: South Africa
Title: Co-Founder @ Donya Way