Tag Archives: business funding

CO-CREATION HUB/ MASTERCARD FOUNDATION EDTECH FELLOWSHIP PROGRAM (COHORT III)

Application Deadline: January 31, 2025.

LOCATION: Nigeria

CcHub and Mastercard Foundation are partnering to empower edtech startups who are building tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation. Startups that make it into our accelerator programme enjoy the following benefits.

ELIGIBILITY:

Startups must be Africa focused and incorporated in Nigeria. They should be building solutions that address challenges across K-12, tertiary education and vocational skills training.

Your Edtech Solution must posses these two qualities

EdTech Solution Based: Must have verifiable users aligned with our accelerator’s focus: education access, student learning, school management, and teacher/trainer effectiveness.

Inclusive Teams: Applicants should have a balanced team, passionate about education. Female founders of EdTech solution companies are strongly encouraged to apply

BENEFIT:

Equity Free Funding: Qualified startups are entitled to $100k in equity free funding over the course of the accelerator programme

Support & Mentoring: Startups can tap into their multidisciplinary experts for design, product, and tech optimisation.

Investor Network: Startups, through this program, would be exposed to investors to help scale their products

Discounts & Deals: Startups through this program can enjoy special deals from tools and service providers they have partnered with.

Marketing Strategy: Their team of experts will help startups align their market strategy to enable them hit PMF

APPLY

DEVELOPPP VENTURES CALL FOR APPLICATIONS

Application Deadline: December 31, 2024

LOCATION: Multiple Regions in Africa

DEG Impulse gGmbH and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with funds from the German Federal Ministry for Economic Cooperation and Development (BMZ) support young companies to scale innovative business models in selected emerging markets that create positive impact and contribute to achieving the United Nations’ Sustainable Development Goals (SDGs). For the current list of develoPPP Ventures target countries, please refer to http://www.develoPPP.de/en/application/ventures

ELIGIBILITY:

The company is registered in the target country OR plans to register there prior to the investment

The company is privately owned and profit-oriented • At least one annual financial statement is provided

A viable business plan and a financial plan is available

The company is operative and has generated first revenues from operating activities (Proof of Concept)

The company should not have acquired more than a maximum of EUR 2 million in funding to date

The current develoPPP Ventures call for applications (November 15 to December 31, 2024) takes place in Côte d’Ivoire, Kenya, Rwanda and Tanzania.The application and selection process is supported by a team of local experts who will be happy to answer any questions you may have.

Côte d’Ivoire, Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania. Further countries to follow

BENEFIT:

DEG Impulse and GIZ provide non-dilutive capital of EUR 100,000 (and a top-up for successful Ventures in a potential second phase)

The company must receive matching funds equaling the amount of the non-dilutive capital in the form of cash injection from other investors.

APPLY