Applications open for the Cascador Entrepreneurial and Leadership Initiative ($5,000 Cash Stipend)

Cascador accelerator program has launched the 2024 edition of its Cascador Entrepreneurial and Leadership Initiative, a program aimed at providing selected entrepreneurs with strong financial support, intensive training, and mentorship. Cascador serves as an accelerator program specifically designed for mid-stage entrepreneurs in Africa who are actively scaling their mission-driven companies. Our primary focus is on cultivating strong leadership skills, developing clear value propositions, creating appropriate funding plans (including equity, debt, and grants), establishing a robust network of local resources, and fostering a supportive community of peers.

Program Components of the Cascador Entrepreneurial and Leadership Initiative

  1. The program encompasses a combination of in-person and virtual experiences, ensuring a comprehensive learning journey.
  2. Additionally, individual mentorship is provided to our fellows even after the program concludes, enabling them to effectively apply their acquired knowledge in the real world.
  3. As part of our commitment to personal development, each participant is granted a stipend of $5,000 USD.
  4. Furthermore, a select few alumni may have the opportunity to qualify for debt or equity funding through our affiliated financing organization.

Program Objective of the Cascador Entrepreneurial and Leadership Initiative

  1. Our ultimate objective is for you to emerge from the Cascador program as a resilient and transformative leader, equipped with a strategic plan for scaling your business.
  2. We aim to provide you with the necessary connections, resources, and capital required to successfully execute your plan.

Benefits of the Cascador Entrepreneurial and Leadership Initiative

  1. In the upcoming 2024 cohort, Cascador is pleased to offer a professional development stipend of $5,000 USD to each accepted entrepreneur.
  2. We warmly welcome entrepreneurs with diverse business models, and we particularly value those who are driven by making a positive impact.

Important Dates: Cascador Entrepreneurial and Leadership Initiative

– In-person kick-off: September 9-11 at the Radisson Blu, VI in Lagos (lodging and meals will be provided)
– Virtual education (weekly 2-hour video calls): September 15-October 31
– In-person intensive: November 4-8 at the Lagos Business School (lodging and meals will be provided)
– Cohort Size: Limited to 10 entrepreneurs

Criteria: Cascador Entrepreneurial and Leadership Initiative

  1. We are seeking entrepreneurs who have been in operation for a minimum of 2 years
  2. generate at least ₦50M per year in revenue.

Application for the Cascador Entrepreneurial and Leadership Initiative

  1. Applications for Cascador 2024 will be accepted until June 30th.
  2. To apply visit the official website
  3. Semi-finalists will be required to submit financial documents, and finalists will be invited for interviews.

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