Innohub Catalyst Project

Key Dates and Information

Program Launch
  10 Aug, 2023
Shortlisting Applicants
  24 Aug, 2023
Approval of Shortlisted Applicants
  31 Aug, 2023
Orientation
  12 April, 2023
Business diagnostics and Baseline evaluation
  15 April, 2024
Post-Programme Engagement
  Aug - Dec, 2024
About The Programme

The Innohub Catalyst Program (ICP) is an innovative initiative aimed at providing SMEs in the Agribusiness value chain with an alternative financing solution. Its primary objective is to decrease risk and offer affordable working capital debt to Small and Growing Businesses (SGBs). In addition to financial support, ICP will provide Technical Assistance to improve liquidity and broaden the operations and impact of targeted SGBs.

ICP's objectives are closely aligned with ATI's proposed activities, which aim to provide grant capital to reduce risks, establish track records, and expand financial services for businesses throughout sub-Saharan Africa.

Key Features of the Programme

This program aims to do the following

Business Development Support

Innohub's project will provide business development support to 20 Small and Growing Businesses (SGBs)

Capital Loans

Provision of Working capital loan to 10 Small and Growing Businesses (SGBs)

Private Investment

Mobilize follow-on private investment for the de-risked 10 businesses

Eligibility Criteria

Experience the power of transformation with TAP

  • Operating along the agribusiness, food processing and light manufacturing value chain
  • Proven business model with customers and revenues
  • Liquidity potential to take on and pay back a loan
  • Not on the NEIP/WB exclusion list
  • Led by committed promoters

Programme Benefits

This is what you can get from our programme.

Business Support

Access to business development support

Capital Loans

Access to working capital loan to 10 SGBs

Private Investment

Access to private investment for the de-risked 10 businesses