$30,000 Somalia Region Innovate Ventures Acceleration 2020

Innovate Ventures invitations applications from associate early-stage startup based mostly within the Somali region for his or her 2020 accelerator programme.

Innovate Ventures is that the leading Somali start-up accelerator and technology fund. The program partners with VC4A, Telesom, and Oxfam as a part of add Progress! project. To date, the program has graduated over fifty start-ups and has endowed nearly $100,000 in its graduates.

Through our flagship programme – introduce Accelerator Programme (IAP), they invest in associated support nice groups with cool ideas to assist build a best business through an intensive three-month programme. As a part of the acceleration package, you’ll receive coaching, mentorship by domain specialists, access to an intensive business network, visibility, and an opportunity to urge investment.

Value Description

  • 12-week intensive coaching and mentoring on business and operational skills
  • Access to leading telecoms and banks within the Somaliland and Somalia
  • Pitching ahead of native and international investors
  • Features in native and international media
  • Equity funding for a minimum of three startups of up to $30,000.

Eligibility & Selection Criteria

  • Your business relies in Somalians
  • The founders are between 18-35 years previous
  • The founders are committed to attending the accelerator programme in urban center
  • Your business is technology-oriented

Application Deadline Registrations shut June 30, 2020.

Application Details

  • Complete the applying kind before the point in time to qualify for the accelerator program.
  • You will hear back from them among four weeks whether or not your start-up has been hand-picked.
  • If hand-picked, you’ll be asked to participate in their 1-week pre-accelerator bootcamp. once the bootcamp, twelve startups can advance to the most program.
  • The program can come about in urban center.
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