Accelerator Innovation Fund is now open for applications from start-ups in Africa and selected Asian countries.The GSMA launched a fund to support start-ups using mobile to drive positive socio-economic impact in emerging markets. The Ecosystem Accelerator Innovation Fund will be open to start-ups in Africa and selected countries in Asia and will identify innovations with potential for growth whilst also providing best practices for stakeholders.
WORTH
Successful start-ups will receive:
- Funding between GBP£100,000 and GBP£250,000
- Mobile-focused mentoring and bespoke technical assistance
- Opportunities to build partnerships with mobile operators in relevant markets
ELIGIBILITY
To qualify for application:
- Applicants must use mobile technology and be aligned with one of our focus areas:
Sharing Economy
Mobile services for SMEs - The funding must be used for a specific project where socio-economic impact is expected to be realized. Examples include: job creation, new opportunities for entrepreneurs and youth or the growth of formal and informal SMEs. The duration of the project must be between 12 and 18 months.
- Applicants must have already demonstrated success by launching a product or service and reaching active users in at least one market must provide a matching of at least 50% of the amount of funding requested.
DEADLINE: September 18 2016
To apply and for more information visit here
