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Eligibility Quick Check

Live product/MVP with market traction (post-revenue preferred). Validated revenue model or clear unit economics. At least one founder full-time (40+ hrs/week) For-profit registered entity in Malawi. Not a pure NGO/grant-only model

Not eligible: Pre-revenue or early-concept only.

Section 1: Applicant & Company Details

Full Name *

Job Title / Role *

Mobile *

Alternative Contact

Email *

Gender *

Age Range *

Highest Education *

Company / Team Name *

Physical Location *

Website / Social Media

Section 2: Company Setup

Year started operations *

Registration status and stage *

Current Stage *

Current monthly/annual revenue (past 12 months) + growth trend *

Key traction metrics *

Section 3: Business Idea Details

Describe your product/service, problem solved, and current market validation (100 words) *

Revenue model and unit economics (path to profitability) (100 words) *

Target market segment(s) and customer profile

Competitors, differentiation, and competitive advantage (75 words)

Export revenue percentage (if any)

Primary Industry/Sector *

Other sectors (optional)

Progress so far and evidence (customer interviews, prototypes, pilots, links) *

Section 4: Growth Challenges and Program Fit

Main challenges (select all that apply)

Enterprise sales Governance Capital raising Technical scaling Team hiring Other

If other challenge, specify

How will you use SPARC Acceleration resources (capital, governance, engineering, market access)? (150 words) *

What specific outcomes do you target in 12 months? (150 words) *

Section 5: Team Governance

Founding team details and relevant experience (150 words) *

Number of co-founders *

At least one founder full-time (40+ hrs/week)? *

Ownership structure and cap table summary (shareholders, %) *

Current governance (board, founder agreements, advisors, mentors)?

Current full-time team size

Current part-time team size

Gender/youth breakdown (impact tracking)

Why SPARC Acceleration? (100 words) *

Open to founder-friendly equity arrangements for Acceleration? *

Equity comments

Section 6: Financials and Investment Readiness

Past 12-month revenue and 3-year target *

Previous financing (grants, debt, equity – amounts and sources)

Capital needed (target MWK 10-20M) and use of funds *

Willing to offer equity up to ~20%? (Yes/No + comments) *

Data room readiness / key documents available

Section 7: Impact and Motivation

Economic and social/environmental impact achieved + planned (100 words)

3 key milestones from the past year

3 objectives from the program

Section 8: Objectives & Monitoring

Key milestones you aim to achieve in 12 months *

Any IP (patents, trademarks) or plans?

Program objectives (list 3) *

How will you monitor progress? *

Recommendations

Suggest other entrepreneurs (optional).

Data Sharing Consent & Declaration

Consent to share data with partners for program improvement/opportunities? *

I confirm the information provided is accurate and I commit to SPARC principles (execution, commercial focus, evidence-based decisions). *

Signature (Full Name) *

Date *

Acceleration Application Form

Focus Areas