Women SME Accelerator Programme
Women agripreneurs are fundamental drivers of sustainable development and play a critical role towards the pursuit of more inclusive and prosperous societies. They play a significant role in job creation, improving household incomes, and in bringing about benefits beyond economic growth especially in developing countries. The empowerment of female agripreneurs, in particular those who lead and own small and medium enterprises (SMEs) active in agrifood value chains, is therefore key to enhance their contribution to development, as well as to enable them to grow and expand their businesses in an economically, socially and environmentally sustainable manner.
In Sub-Saharan Africa (SSA), women constitute at least 50 percent (over 600 million) of the current population size, and female participation in entrepreneurial activities is considered the highest amongst all region. In addition, women provide the bulk of unpaid care and domestic work in rural areas, thereby supporting current and future generations of rural workers within their households and communities. African women entrepreneurs are considered key drivers of development and inclusive growth and prosperity. Despite their significant contribution to the agriculture sector, rural women typically find themselves in disadvantaged positions. Compared to their male counterparts, they tend to face more restricted access to productive resources and assets, capacity development, financial services and social protection. Gender-biased social norms, laws and practices also limit women’s involvement in gainful work and their participation in workers’ and producers’ organizations, especially in organized labour institutions such as trade unions.
At the same time, SMEs in the region are the backbone of the region’s private sector – representing 90 percent of the private sector in the region, and contributing to over 80 percent of jobs in the continent. Nonetheless, the challenges for SMEs, particularly those operating in agrifood systems, are many, with access to finance being the largest obstacle, followed by difficulties in doing business as a result of burdensome laws and regulations, as well as limited capacities and access to knowledge and technology also considered as challenges preventing them from expanding. COVID-19 has added to the pressures of business survival, growth and sustainability, and has served to urgently highlight the need for partnerships, leveraging knowledge, and innovative business models and strategies. For young women entrepreneurs, these challenges are even greater.
The Food and Agriculture Organization of the United Nations (FAO) and the International Agri-Food Network (IAFN) are launching a pilot Accelerator Mentorship Programme to support women entrepreneurs in addressing key challenges and constraints they face in their businesses.
Gender equality and women empowerment is central to FAO’s mandate – to achieve food security for all and reduce rural poverty. Ensuring gender equality and empowering women operating within the agrifood systems presents a unique opportunity to ensure that women-owned businesses not only invest in the agriculture and food, but that they are actively contributing to the agrifood systems transformation we are calling for.
For the International Agri-Food Network, a global network of private sector actors involved in the agrifood sector and committed to contributing to addressing global poverty and food security, ensuring women’s leadership and expertise feed into work on food security such as guidelines and initiatives related to land, investment, and nutrition, particularly for women smallholder farmers, is also a huge priority.
The objective of the jointly-led Accelerator Mentorship Programme is to foster a selected number of women entrepreneurs in Sub-Saharan Africa with one-to-one mentorship with a panel of experts who are leading women entrepreneurs from around the globe, using a structure through which participants can interact and learn from the expert panel, as well as to provide them with access to knowledge and tools necessary to grow their enterprises and adapt to an ever-changing marketplace.
Specifically, the programme aims to provide selected women entrepreneurs with:
- A one-on-one mentorship/ coaching opportunity;
- A series of tailor-made trainings to enhance hard skills from a selection of available options;
- Knowledge exchange, networking and peer-learning opportunities; and
- Access/links to tools developed by FAO, IAFN and other institutions.
A cohort of 50 female entrepreneurs operating in the agrifood sector in the Sub-Saharan Africa region will be selected to participate in the first year of the customised programme, planned to begin in October 2022.
Participants will be selected from an open call for expression of interest, by a panel of experts from FAO and IAFN, and the programme mentors.
Mentors will include successful/high-profile business leaders and managers, particularly women, and a panel of experts in different fields across the agrifood value chain, from FAO and IAFN members.
The pilot programme will have a duration of six months to test the approach and methodology, and may be extended to 12 months in subsequent series.