Four local social entrepreneurs have been absorbed into the second cohort of the healthymagination programme designed to combat maternal and child mortality in Africa.
They are among 14 social entrepreneurs in the health sector set to be imparted with skills to grow their business models.
General Electric and Santa Clara University’s Miller Centre for Social Entrepreneurship is using the programme to accelerate mother and child health innovation in sub-Saharan Africa.
It follows a rigorous application and evaluation process where 14 organisations were selected to be in the programme’s second cohort of social entrepreneurs for maternal health.
Applicants were drawn from Benin, Botswana, Ethiopia, Ghana, Liberia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zimbabwe and other countries in the continent. Healthymagination mother and child programme is tailored to stimulate growth of commercial maternal healthcare services.
It blends Silicon Valley entrepreneurial acumen with venture impact investing to tackle in maternal and child mortality, where the social enterprises profit.
Social entrepreneurs in healthcare will be equipped with business fundamentals and articulate a business plan that demonstrates impact, growth and long-term financial sustainability.
The programme includes six-months of online training during which participants will be matched with a Silicon Valley leader, who will guide them on how to develop a scalable enterprise.
The second cohort of entrepreneurs is currently attending a three-day, in-person workshop in Johannesburg, South Africa. The kick-off workshop will be followed by a six-month, online accelerator programme with in-depth mentorship from Silicon Valley-based executives and local GE business leaders.
The accelerator and mentorship programme will culminate in a “Premier Pitch” event in Africa where the 14 organizations will present their respective enterprises to an audience of potential investors.
Healthymagination executive director Robert Wells said solving local health challenges in the continent calls for locally-adapted interventions and innovations. He said social entrepreneurs in Sub-Saharan Africa are therefore playing a major role in this regard.
“The healthymagination Mother and Child programme will continue to provide them with mentorship and in-depth training, accelerating health innovation and furthering our goal to increase the quality, access and affordability of maternal and child health,” he said.
Miller Center for Social Entrepreneurship executive director Thane Kreiner was committed to improve healthcare in the region. “GE’s mission to work on better health for more people is evidenced by their continuing partnership to help social enterprises scale their impact,” she said.
“This cohort’s impact aligns with the target indicators for United Nations Sustainable Development Goal 3. Miller Centre is honoured such amazing social enterprises applied to this Mother and Child accelerator program.”