Victoria's Secret is putting its money where its mouth is in Nigeria.
The company has teamed up with the Africa Women Innovation and Entrepreneurship Forum to offer a seven-month accelerator program for women-owned or women-led small and medium businesses in the country, the BBC reports.
The accelerator, part of Victoria's Secret's Tour Impact Fund initiative, will provide 20 startups with "high-level business development and growth strategy training, corporate advisory, mentorship, and individualized support, networks, and access to finance," per the AWIEF website.
"We believe in the power of women entrepreneurs to drive positive change in society," a Victoria's Secret rep says in a statement.
To be eligible for the accelerator, startups must be headquartered in Nigeria, have at least five employees, be owned by women at least 51%, and be operating in one of the following sectors: agriculture, education, creative industry, financial services, renewable energy, logistics, and climate-smart solutions. Read the Entire Article
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.