Village Capital

Future of Work Africa 2022

Building a more resilient and sustainable workforce and economy

About the program

10 to 12 million young Africans enter the labor market each year and an estimated one-third of the 600 million young people entering the global labor market by 2030 will be a young African.

Village Capital in partnership with Moody’s Corporation aims to support entrepreneurs across Africa that are building for-profit, market-based solutions in education, employment, and benefits that could help young people in sub-Saharan Africa, better prepare for the future of work, access more and better employment opportunities, and build careers.

Future of Work 2022 is looking to support 45 startups across the region with investment readiness training through: a core cohort of 10-12 startups, and an expanded cohort of 33-35 startups featuring self-guided training, extensive virtual support and engagement with mentors.

FoWA 2022 About Image

A decade of startup support in Africa

Since 2009, we have supported 1,200+ early-stage entrepreneurs through our accelerators, and invested in 100+ accelerator graduates, including startups in Sub-Saharan Africa startups working on the future of work.

FoWA 2022 About Practice Image

Eligibility

Ventures must address unemployment through the following:

  • Technical, professional, upskilling or reskilling programs

  • Testing and credentialing programs

  • New approaches to apprenticeship or employment matching such as gig, job matching and distributed manufacturing platforms

  • Financial health for informal workers, and/or

  • Edtech for post-secondary and tertiary institutions

FoWA 2022 Eligibility Intro Image

Benefits startups will receive:

Eligibility Benefits Connections (Image 1)
Connections

Build deep connections with the other impact-driven founders in your cohort

Eligibility Benefits Mentorship (Image 2)
Mentorship

Network with mentors ranging from investors to potential strategic partners and customers

Eligibility Benefits Training (Image 3)
Training

Join interactive sessions tailored to help your company identify early milestones and prepare for your next round of capital

Eligibility Benefits Advice (Image 4)
Advice

Chat with an investment analyst who will coach you 1:1 on building a financial model, identifying unit economics, and using financial metrics

Eligibility Benefits Exposure (Image 5)
Exposure

Get featured on Village Capital’s program website and other collateral

Program Timeline

2022 [Mar 31]

Applications Open

Mar 31

2022 [Jul 29]

Cohort Confirmed

Jul 29

2022 [Aug - Oct]

Cohort workshops

Aug - Oct

Learn more about mentoring with Village Capital