The following display depicts the WIDU process. Here, we guide you through all necessary steps from registration to the WIDU Grant Investment and documentation. It also shows you the possible grant amount based on the previous Private Investment.
Below, you will find an onboarding slide show with additional information for each step.
Here we will guide you step-by-step through the registration and application process, bringing you onboard instantly!
The Diaspora donor from Europe registers first and invites the entrepreneur in Africa to the platform - both create a profile!
Convince us in what you are planning to do. After formulating your business idea, you set up an investment plan where you describe your planned expenses (50% private investment by donor and entrepreneur/ 50% WIDU grant investment).
After you submit your project application, a local coach will contact you and visit your business on-site to provide personal business advice.
The Diaspora donor and entrepreneur in Africa have to identify themselves before proceeding with their project. The donor will be redirected to our online verification service.
The Diaspora donor transfers his/her contribution (25%) to the entrepreneur through a formal institution and provides the receipt on the platform.
The private investment consists of the donor transfer (25%) and the entrepreneur's contribution (25%) of the total investment. All expenses need to be documented on the platform by uploading invoices or receipts.
A local coach evaluates the business progress and verifies the investments made. Further on-demand business coaching is provided.
The WIDU team reviews the grant application and decides whether the requirements for the grant are fulfilled.
After the project has been approved by WIDU, the WIDU grant is disbursed to the entrepreneur to cover the costs of the remaining items in the investment plan.
The WIDU grant should be invested based on the investment plan and documented on the platform by uploading invoices or receipts.
A local coach evaluates the business progress and verifies the grant investments made. Further on-demand business coaching is provided.
After a successful project, you can apply up to two more projects.