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Women entrepreneurs continue to face significant obstacles in accessing their business financing. By launching this new fund, officials aim to support women in their efforts to contribute to the evolution of technology.
Women in Innovation Fund (WiNFUND), a non-profit accelerator designed to support women-led and women-oriented companies, announced on Monday, February 27 the public launch of the WiNFUND NFT Africa collection, a set of unique digital works of art designed by Rwandan artist Christella Bijou.
“WiNFUND is an innovative model that will help women entrepreneurs grow by creating a committed global community that will provide commercial support and financing through the sale of unique NFTs,” said Patricia O’Hayer, co-founder of WiNFUND.
Co-founded by the consumer goods company Reckitt and the Health Innovation and Investment Exchange (HIEx), in partnership with the Kofi Annan Foundation and the Ecobank Foundation, the new Fund aims to address two important areas of inequality, namely access to essential health care, and access to financing by women
Thus, WiNFUND will be partly financed by the sale of WiNFUND NFT. WiNFUND NFT holders will have access to events, by invitation only, on the Sustainable Development Goals and will be invited to join a mentoring program to directly support successful women entrepreneurs.
It should be noted that since the opening of applications in September, WiNFUND has received more than 300 women entrepreneurs in seven African countries. Pre-selected candidates will receive commercial support to help them develop, while the best will receive direct funding from WiNFUND.
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