Taking action to improve the migrant and refugee entrepreneurial ecosystem in South Africa
With the support of JPMorgan, Bridge for Billions is launching the Conecta Migrants & Refugees program. This is an opportunity for Entrepreneur Support Organizations’ (ESOs) leaders from South Africa to be part of a community of leaders working together towards the incubation of an inclusive, resilient and cohesive migrant and refugee entrepreneurial ecosystem.
South Africa’s migrants’ entrepreneurial ecosystem is full of potential. Conecta Migrants & Refugees aims to create, mentor and support a resilient community of ESO’s leaders committed to make a change through our proven methodology, allowing them to join forces, overcome challenges and multiply their impact.
This program has been designed specifically for ESOs. Each ESO involved will acquire the tools and knowledge to fundraise and launch incubation programs supporting up to 35 migrant or refugee entrepreneurs. The final goal is to challenge the current structure, creating synergies and partnerships that lead to a more inclusive, equitable and efficient entrepreneurship ecosystem able to drive further local economic development.
Be part of a community of leaders, committed in creating the next generation of entrepreneurship ecosystem.
Learn and test inclusive incubation methodologies.
Share best practices with other ESOs’s leaders and staff.
Enhance your fundraising capacity and reach larger donors with the support of our team.
Access training, expert workshops, perks and ecosystem events.
Improve your impact assessment and reporting systems.
Be part of a community able to influence the policymaking process at local and national level.
Create a long lasting impact in more than 900 entrepreneurs
The program aims at enhancing the capacity-building of our ESOs by diversifying their fundraising ability, improving their operations, quality of their programs and outreach, and developing strategic partnerships with organisations supporting migrant or refugee entrepreneurs.
Based on Bridge for Billions’ methodologies, the program will support early-stage migrant or refugee entrepreneurs so they can develop their venture. This builds a resilient network of migrant entrepreneurs and mentors in the region, tackles stereotypes and becomes a source of inspiration.
We, as a community of people, will establish a connected and sustainable ecosystem capable of influencing public policy at local, regional and national levels, and changing mindsets among private mainstream actors such as investors, event organisers and entrepreneurship media, while also ensuring the support of migrant or refugee entrepreneurs’ businesses.
This is an opportunity for Entrepreneur Support Organizations’ (ESOs) leaders from Italy, Spain and South Africa to be part of a community of leaders working together towards an inclusive, resilient and cohesive migrant entrepreneurial ecosystem.
The program is fully funded in the first year, and mostly funded for the second and third years. Therefore, as part of the program, ESOs and Bridge for Billions will develop a joint-fundraising strategy to cover the remaining costs. This will also ensure the sustainability of the program beyond 3 years.
Each incubation program for migrant entrepreneurs (taking place once per year) will last up to 4-6 months.
The official kick off will be in January, 2024.
Contact Ngata, Incubation Manager of Conecta Migrants & Refugees South Africa program to solve all your doubts.