Application Form 
The deadline to Apply is the 20th of February 2023

The recently launched Innovative Financing Lab (IFL), through MDF and R&D Group, will provide growth-oriented SMEs with pre-investment or post-investment support. This application form is for the pre-investment support - the Investment Readiness Accelerator. This program last 4 months and consists of group sessions and individual support for you and your team to help you get ready to apply for funding.

This application form is for companies who want to access funding. Please go to our other Application Form ( if you have already accessed funding and want to apply for the post-investment Management Advisory Program .

This pre-investment program lasts 4 months and consists of 6 half-day group workshops and peer-learning sessions with 15-20 SME leaders. Next to this, you will receive individual business coachingonsite support from junior business advisors, and networking sessions with the entrepreneurial ecosystem in Ethiopia.  The focus of the 6 sessions in the program will be on your Product/Service, Marketing, Financial Management, Operations & Team, Governance and Compliance, and Growth Strategy/KPIs. The goal of the program is to become investment ready and produce the required documents to apply for funding with a financial institution during or after the program.

Become one of the first SMEs to receive early bird-free participation in this innovative program. Apply before January 30th by filling out this google form (please don't forget to click submit at the end). Applicants will receive more information by email before the end of January. Please reach out to or call +251115577382 in case of any questions. 

NB: Participation in the program is free for the first 70 SMEs. But companies are expected to pay for their own transport to and from the workshops and networking sessions at the R&D Group office or the Innovative Finance Lab at the newly built Hibret bank HQ in Senga Tera. 

We look forward to your application!

For more information  about the program please read in Amharic and English: Investment readiness accelerator external - Google Drive

Selection criteria:

  • The business is registered and has been making substantial sales for at least a year
  • You can provide financial documentation for 2021 and 2022
  • The company is looking for an investment to grow
  • You can invest a minimum of 12 hrs/month into this program between February and June
  • Businesses in any sector are welcome - companies in agriculture, IT, and manufacturing are encouraged to apply.
  • Companies led by women or youth (under 35) will receive a preference
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Email *
Information about the business
Business Name
Business Address
One-sentence description of the business activities (products/services) *
Date of company registration *
Sector of business *
Type of Registration
Clear selection
Is your company owned (at least 51%) by a woman? 
Clear selection
Is your company owned (at least 51%) by someone under 35 years of age? 
Clear selection
What are the main partners of your company? (e.g. suppliers, associations, NGOs, distributors, agents)
0 points
What is the key impact of the business (environmental, social, economical)?
How many years of active business operations (sales) does the company have? *
Total number of full-time employees  *
Number of full-time employees that are female (out of the above number) 

Total number of part-time employees?
Number of part-time employees that are female  (out of the above number)
What is (approximately) the annual turnover of the business (in Birr) for 2022? *
What was (approximately) the annual turnover of the business (in Birr) for 2021? *
Total units/volume of products sold in 2022?
Total units/volume exported in 2022? (out of the above)
Total number of customers in 2022
Total number of suppliers in 2022
Please tick the documents/items your business has
Company registration license
Does the company work with an accountant?
Clear selection
Has the company received external funding before? *
If yes to the above, what kind of funding (loan/equity investment/other) and total amount since registration? (please specify currency)
What kind of funding is the company looking for now?
How much funding is currently needed to grow the business? (please specify currency)
What would this funding be spent on?
What are the total assets of your company on your 2022 balance sheet (in Birr)?
Why do people pay for your product or service – why do they buy from you and not from others? *
What are new markets, clients or partners you are trying to reach? *
What kind of funding are you looking to attract?
Clear selection
Please paste links of your company website and other social media channels.
Personal information of the applicant
Please note that we expect a CEO/ Founder / Manager to take part in the sessions
Name *
Date of Birth *
Gender *
Position in the company (*please note that we expect a founder / CEO /manager to be part of the program workshops) *
Phone Number *
Email Address *
Has your company participated in any previous support program(s)? If so, which? *
What specific support (training, network, other) do you expect from this program? *
What are the company short term goals (between now and 18 months)?
What are the company longer term goals (in 3-5 years from now)?
What new markets are you looking to enter?
Are you available for approximately 12 hours per month for program workshops (both online and in-person), coaching and implementation of learnings with your team? *
Do you have any questions, comments or recommendations for us?
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