Closing : 31 Dec 2026 Updated : 09 Feb 2026

Investing in Young Businesses in Africa - Supporting Entrepreneurial Ecosystem Development (IYBA-SEED)

Entrepreneurship and Innovation — Senegal

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Description

The program aims to strengthen entrepreneurial ecosystems in partner countries, with Senegal chosen as the pilot country due to its entrepreneurial dynamism. It targets key players in these ecosystems, such as support organizations, incubators and accelerators, public agencies, financial institutions, academic networks, and civil society. IYBA-SEED supports strategic sectors with high growth potential and social impact, including the green economy, biomass, natural fibers, renewable energy, the agricultural value chain, mobility, tourism, and the social and solidarity economy. The program works by building the capacity of stakeholders, improving the business environment, fostering an inclusive entrepreneurial culture, and producing diagnostics and tools to better understand and develop the ecosystem. Ultimately, it aims to stimulate the creation of sustainable and inclusive businesses and promote collaboration among the various actors in the sector.

Objectives

• Improve access to business development services Enable startups and entrepreneurs (particularly women and young people) to access appropriate financial and non-financial services. • Strengthen a favorable entrepreneurial environment Contribute to the establishment or improvement of regulatory, policy, and institutional frameworks conducive to the creation and growth of startups. • Promote an inclusive entrepreneurial culture Encourage youth and women's entrepreneurship, highlight success stories, and reduce barriers related to gender or age. • Improve access to information and knowledge about the ecosystem Produce assessments, mappings, and tools, and promote the sharing of best practices to support innovation within the ecosystem.

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Climate and Sustainable Development
local SMEs
315 000 000 $

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