The New Economy Accelerator (NEA) aims to activate local economies in South Africa to build an inclusive and prosperous society. Social and environmental high impact startups serving the low income or BoP sector stand a chance to be a part of the NEA programme that aims to accelerate the growth of such enterprises. The programme will run from the 1st of October 2015 until 28th of April 2016.
NEA programme candidates can expect to take part in a specially designed workshop for skills development, to receive intensive business support, one-on-one coaching, access to national and international New Economy networks, access to finance to grow their business as well as training in New Economy Principles.
The growth and acceleration of grassroots enterprises is critical for addressing the significant challenges of unemployment in South Africa. The concept of a ‘New Economy’ is anchored around creating local solutions to address local problems. In this regard New Economy entrepreneurs recognise their mission is to serve their local communities, to create job opportunities, upskill their community, and use natural resources sustainably.
The NEA programme is seeking applications from innovative startups in the sectors of agriculture,, financial and economic inclusion, retail, tech and digital inclusion, renewable energy and waste management.
“Our mission is to catalyse this new economy so that it can create new opportunities, through the cultivation of relationships, experimenting and changing the realities faced by local communities. We aim to achieve this through an accelerated programme that champions sustainable growth, encourages collaboration, advances community, facilitates dialogues, drives scale and rewards global innovation.” – programme convenor, Dr. Mao Amis
Details about the New Economy and the NEA programme are available at www.attane.org.
The deadline for applications is Thursday the 27th of August 2015.
For further enquiries please contact:
Tel: 021 713 4390 | 072 314 0114
About the New Economy Accelerator
NEA is a platform for nurturing the emergence of a new economy, one that challenges the status quo to build a more inclusive and sustainable economy. By building networks, innovating and promoting investments, together we can realise a new economy. An economy that maximises human well-being, and is capable of coping with and adapting to global environmental change.
Our mission is to catalyse this new economy so that it can create new opportunities, through the cultivation of relationships, experimenting and changing the current narrative. To do so we are a platform where actors connect, a community of practices grows and emerging solutions spread. We share stories of innovations on the ground, change the economic narrative and build a critical mass of changemakers.
NEA is coordinated by AfriCGE as the African partner of a global movement for the new economy. One of our collective goals is to support 50 new economy initiatives over the coming 3 years. Find out how we plan to do this.
The NEA initiative is born at a time when the fastest growing economies are located in Africa, and where foreign investor sentiments are very optimistic. It’s therefore an opportune time for Africa to set itself on a development trajectory that will ultimately address the root causes of poverty, conflict and inequality.
We don’t know what an alternative development pathway looks like, but we do know that there are practices on the ground that are bravely charting new courses. And people with great ideas who would like to share their stories and experiences in the hope that such innovative thinking and doing might gain traction and become mainstream.
The goal of NEA is to be an agent of change, a community where stories are heard, ideas are nurtured and action is stimulated.