Accra-based Caroline U, a non-academic university has begun intake into its accelerator program for entrepreneurs in the country.
The program, CU-EAP, is designed to provide world-class entrepreneurial skills and fundamentals to aspiring entrepreneurs as well as young entrepreneurs looking to expand their businesses.
Under the program, they will receive training on the basics of business growth including customer discovery, validation of business models, execution of business, setting key metrics and milestones.
The modules would be delivered over a period of 2 weeks of intensive training, or longer periods of 1 – 3 months after which trainees will receive coaching from experienced & successful entrepreneurs, and potentially get seed funding of up to $10,000 & business pitch opportunities to other angel investors.
Classes will take place at the new campus site in East Legon East Legon (Otinshie opposite Fanida International School)
Admissions are open till 31st March, for the May 2019 intake. Applications can be done via +233244271978 or via www.carolineuniversity.com
Accelerator programs are gaining more popularity and becoming important in the Ghanaian business eco-system due to the springing up of many startups and small-holder businesses most of which fail within their first five years of operation.
Among other reasons, their collapse is due to lack of capital and improper business structure.
With accelerator programs, these businesses are able to receive formal insight into business growth, stand better chances of raising capital and receiving mentoring or coaching from established business people.