This month, women all over the globe will be celebrated. We, at Box Office Hub, will not be left out, we will also be celebrating #LadiesofBoxOfficeHub and their many accomplishments in different spheres of life. But before we get to the celebration part, here are some funding opportunities for your business you should check out.
Tech By Her Accelerator Program
The Tech By Her Accelerator program supports female-led ventures to make them sustainable and globally competitive. The purpose of the program is to develop a strong pan-African female entrepreneurship community by mentoring and building an alumni network of successful female founders.
Applications for the 3-month accelerator program supporting women-led tech-entrepreneurs operating in Ghana, Nigeria, and Kenya, are now open. The program combines training, ecosystem support, resources, business coaching and access to industry leaders to help entrepreneurs run sustainable and globally competitive outfits.
The initiative is powered by MEST with support from the Tech Entrepreneurship Initiative, ‘Make-IT in Africa’, (implemented by Deutsche für Gesellschaft Internationale Zusammenarbeit (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development.
The Tech By Her Accelerator will choose 10 of the best and most impactful female-led entrepreneurial ventures in Ghana, Nigeria, and Kenya. In addition to drive, ambition, and a genuine interest in the growth of their business, they should also:
- Be founders/co-founders of their organization and available to participate fully in all aspects of the program.
- Be early-stage startups and have achieved commercialization and monetization phase.
- Be technology-based, or have technology as the core enabler of the business.
- Have begun operations at least 1 year before applying for this program and have a live product or service on the market.
- Be African nationals or residents and have registered the business in one of the three operational countries (Ghana, Nigeria, and Kenya).
- Have evidence of revenue and a clearly demonstrated potential to scale.
- Be business models with social impact, i.e. with solutions to problems as described in the Sustainable Development Goals (SDGs) (locally and/or globally)
- Be willing to organize at least 1 community event in your operational country with support from the local MEST office.
- Be willing, as founders, to be ambassadors of the program and of tech entrepreneurship, encouraging and motivating other females in the entrepreneurial space.
For more program details, FAQs and to apply, see: https://vc4a.com/make-it/tech-by-her-accelerator/
Airbus Africa4Future Aerospace Accelerator 2020
Airbus’s BizLab and Make-IT in Africa by GIZ have launched the third edition of the Africa4Future initiative, a joint accelerator program created to encourage and support entrepreneurship in Africa. Airbus is using the initiative to build bridges between the aerospace industry and the different players in Africa.
This year’s edition will be implemented by Co-Creation Hub(CcHUB), a Pan-African innovation center focused on implementing social capital and technology for economic prosperity. CcHUB will provide strategic and industry support to the awardees to engage stakeholders in their ecosystems and connect them with global organizations.
Startups/solution providers/companies that:
- Create value in agriculture and infrastructure sectors
- Have the ability to leverage remote sensing technologies
- Have been running operations for at least 1 year
- Have an existing product with traction (customers and/or revenue)
- Have a strong management team
- Have experience leveraging partnerships to create impact
In addition to the above, companies must be registered in Africa and at least one active member of the founding team must be a Citizen of an African country.
The 3-month accelerator program is open to African technology start-ups, service providers and software companies that are actively working on solutions in agriculture and infrastructure that are related to remote sensings, such as automation, blockchain, artificial intelligence, data analytics, material composites, manufacturing and more. Infrastructure refers to transportation/logistics mapping, water monitoring, waste management, real estate, urban development, and other related areas. These start-ups should also be leveraging remote sensing technologies or have the capability to do so.
Activities will include:
- Virtual coaching sessions
- Expert sessions with Airbus experts in Europe
- Connection to industry experts locally
- Access to Airbus technologies
- 250,000 UP42 credit to access powerful analytics tools
- Showcase events in Africa and Europe.
At the end of the program, the start-ups (either standalone or as a consortium) will have the opportunity to pitch a project to the leadership team at Airbus and GIZ for possible collaboration with both organizations
Applications are open until 11:59 pm on the 14th of March, 2020, here: https://africa4future.forms.fm/africa4future-aerospace-accelerator/forms/7629
Information sessions will be held in 5 countries: Nigeria, Kenya, South Africa, Senegal, and Morocco. You can see more details and register to attend or get updates here – bit.ly/A4Finfosession
Ecobank Fintech Challenge 2020
The Pan-African banking group, Ecobank Group, is inviting Fintech start-ups and developers in Africa to enter its challenge to develop creative and innovative fintech solutions that will improve and revolutionize the banking sector in Africa. The challenge identifies and partners Fintechs that are ready to scale with support and access to Ecobank’s 33 African markets to help them grow to become true Pan-African Fintech success stories.
The group has specified “pain points” that it wants solution providers to work to address, namely:
- Customer Experience i.e. Digital customer onboarding, physical & online customer experiences and digitizing customer journeys
- Credit Scoring i.e. Digital lending for SMEs and 360-degree view on the financial activities of customers and prospects.
- Ecosystem Aggregation i.e. SME/Merchants onboarding on payment integration, niche merchant aggregation and facilitating fintech access to non-smartphone users.
- Internal Tools i.e. Digital solutions to improving the performance of sales force and to enabling agents to offer more services
- Payments i.e offline mobile to mobile payments in “Dead Zones”
The selected finalists participate in the Ecobank Fintech Innovation Fair, with the top 3 finalists winning cash prizes ($10,000, $7,000 and $5,000 respectively). All finalists will be inducted into the Ecobank Fintech Fellowship, which affords them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.
Applications for the competition will close on the 12th of April, 2020. More information on the competition, benefits, and how to apply can be found on here: https://ecobankfintech.com/#challenge