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Procurement Number

0002005700

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Title

SHE WINS AFRICA STARTUPS PROGRAM

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Description

Delivery of investment readiness trainings, mentorships and business coaching, match making
and organization of demo days with investors for 100 women-led startups.

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Category

• 90 - CONTRACT CONSULTANTS

Project Country
Not country related
Capabilities

• Education: Other Education

Material Group

• 90.40 - FIRMS FOR OPERATIONAL PROJECTS

This procurement is for legal services (Please upload the clearance from your Legal
representative before proceeding with the engagement of Legal Services.)
 No

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Assignment overview

Women-led startups in Africa face unique challenges in accessing capital. They raise significantly less
capital than startups led by men. According to the Africa Big Deal Report, only 4% of startups funding went
to women-led startups in 2022. At the same time, there is a clear distortion in how capital is allocated across
geographies with the less developed startup ecosystems receiving less funding. This imbalance in access to
capital is attributed to; a) lack of start-up ecosystems and networks that deliver relevant capacity-building
support for women; b) a biased or skewed allocation of start-up finance by investors and; c) lack of
knowledge and expertise to implement gender-lens investing strategies among VC firms and Funds.

IFC’s She Wins Africa program takes a holistic approach to addressing these barriers for women. At a
programmatic level, She Wins Africa will implement interventions to address barriers on both the demand
and supply sides across startups, ecosystems, and capital allocators.

She Wins Startups targets to support 100 women-led startups with investment readiness training, mentorship
and coaching and connections with investors. The 100 startups were selected through an open call for
applications that received nearly 3,000 applications.

Assignment Description

The consultant firm will:

a. develop tailored investment readiness training for 100 She Wins women-led startups in line with
training/business support needs analysis
a. propose the structure, mode of delivery and conduct training for 100 She Wins women-led startups
a. implement mentorships, coaching and business support for priority women-led startups based on the needs
and gap analysis
a. organize match making and demo days with investors
a. prepare startups for match making and presentations to investors
a. conduct monitoring and evaluation throughout the program.

This assignment will deliver two separate interventions:

1. For the top 100 startups selected to participate in the She Wins Africa over a period on 13 months:
The firm will deliver all three inter-related aspects of the program:
a) deliver investment readiness training to startups;
b) manage the mentorship and coaching, business support program and;
c) manage the matchmaking and demo events with investors;

The expected deliverables of this assignment include content develop, trainings for startups, implementation
of mentorship and coaching, business support for startups, organizing match making and demo days with
investors and monitoring and evaluation with a report expected at the end of the program.

1. For a selected group of startups from the application pool:

The firm will be expected to deliver a light touch training for high potential startups that did not make it to
the final 100. This work stream will be agreed upon with IFC and is not expected to last for the duration of
 the program.

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Qualification Criteria

Criteria Text Mandatory

Provide information showing that they are qualified in the field of the
assignment.

Provide information on the technical and managerial capabilities of the firm.

Provide information on their core business and years in business.

Provide information on the qualifications of key staff.