Deadline:

30 June, 2019.

Location:

Hargeisa, Somalia.

(Award)

Description

2019 INNOVATE ACCELERATOR PROGRAM-Innovate Ventures

Innovate Ventures is the leading Somali start-up accelerator and technology fund. The program partners with VC4A, Telesom and Oxfam as part of Work in Progress!

More Details

To date, the programme has graduated over 40 start-ups and has invested almost $100,000 in its graduates. As part of the acceleration package, you will receive training, mentorship by domain experts, access to an extensive business network, visibility and a chance to get investment.

Opportunity Focus Areas:

  • Entrepreneurship.
  • Innovation, or developing a tech-enabled product or service addressing a big local need.
  • Technology.

Required Languages

English.

Eligible Countries

SOMALIA

Program Period

  • 1-week pre-acceleratorbootcamp
  • 12-week intensive training and mentoring on business and operational skills.

Eligibility Requirements (Criteria)

  • Your business is based in Somaliland or Somalia.
  • Your business is technology-oriented.
  • The founders are between 18-35 years old.
  • The founders are committed to attending the accelerator programme in Hargeisa.

Opportunity Cost

(Award)

  • 12-week intensive training and mentoring on business and operational skills.
  • Access to leading telecoms and banks in the Somaliland and Somalia.
  • Pitching in front of local and international investors.
  • Features in local and international media.
  • Equity funding for at least 3 startups of up to $30,000.

How to Apply

First Step: Make an account.

Second Step: Complete the application form before June 31th to qualify for the accelerator program. You will hear back from the Innovate Ventures team within four weeks whether your start-up has been selected.

If selected, you will be asked to participate in our 1-week pre-acceleratorbootcamp. After the bootcamp, 12 start-ups will advance to the main program. The program will take place in Hargeisa.

For more information, make sure to make an account here. This will allow you to access all the details.

Apply Now

More Details

Know more about this opportunity:

Official Website

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This Scholarship Published by:
Sara Issam/ Egypt

Reviewed by” Mustafa Abdelshafy/ Egypt
MARJ3 Intern
MARJ3 Scholarships team