Apply for TechBridge Acceleration Programme 2022. Are you a startup addressing African markets solving pressing problems with your innovation and need capital and support to spur your growth?
At Techbridge, they are not just another accelerator programme. They are a community of startups, knowledge partners and investors aiming to enable your growth and wanting your innovation to succeed to create a broader impact. They provide you with venture-building programmes, peer-learning, knowledge partners, equity investments, and networks. Your journey with TechBridge doesn’t end unless you want to. Post programme, you will join TechBridge Alumni and continue to be a part of a growing community with networking events.
WORTH
- Support offered through programme coaches, mentors, trainers and experts is tailored for each enterprise based on extensive analysis of the enterprise’s growth gaps and hurdles.
- The TechBridge Accelerator offers an equity based investment opportunity of up to $200,000 for startups meeting its investment criteria. They also provide an opportunities to pitch externally to an international network of investors after 6 months of the programme.
- The Techbridge Accelerator programme offers a unique knowledge transfer approach through tailored content from TechBridge’s international knowledge partners.
- Each selected companies will get access to TechBridge’s Hub and desk-space for operations for up to 3 years.
- Access to a vibrant community of founders and professional talents. TechBridge also facilitate introduction to their wide network of industry experts and innovators.
- They compliment knowledge and support through their curated tools and resources designed to fast track your growth.
ELIGIBILITY
- They are looking for you the entrepreneur with an innovative solution for African markets that has drive, commercial mindset, ability to implement, and willingness to pivot, adapt and grow.
- They are looking for:
- Product companies with a proven working prototype, launching customers and high customer value to production costs.
- Service and Software: companies with minimum 6 months of customer-based operations and decent customer base and good customer retention.
- Services/software/product companies minimum 6 months of customer-based operations with a solid business model and good customer retention.
Selection Criteria
- Ready-to-scale – the tech solution is safe to use by thousands of users and can be deployed in a new country with minimal adaptation effort if the conditions for scale are met.
- Clear problem-solution fit – ability to demonstrate that the company solves a problem that is relevant to the East African market with an easy-to-understand solution and clear benefits to users.
- Innovative – it solves a problem in a unique way/ or does so better than what exits.
- Proven concept – the tech solution is in the advanced stages of product development (ideally, has already launched a beta), has significant ‘results in the real world and has measurable and;
- Impactful – the company has achieved meaningful high-impact indicators linked to 1 or more of the Sustainable Development Goals.
- Safe-to-use – the solution is safe to use technically from a code, data privacy and cyber security perspective. (e.g. Open Source or proprietary developed with the founders).
- Meaningful use of technology – the company is able to demonstrate that it creates value through technology.
DEADLINE: Not Specified
To apply and for more information visit here