Tag Archives: technology

FUTURE OF LEARNING MASTERCARD FOUNDATION EDTECH STARTUP FELLOWSHIP PROGRAM

Application Deadline: February 17, 2024

LOCATION: Nigeria

The program provides a unique opportunity to collaborate with a network of experienced professionals with the same goal: to drive innovation in the edtech sector. Hands-on mentorship and resources will be provided to help you get your startup to the next level. Interested innovators are to apply below. In this stage, the Edtech solutions will be assessed on the following criteria: Problem/Solution Fit, Founder Potential, Business Model Fit, and Traction.

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:

Startups that make it into our accelerator programme enjoy the following benefits:

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 our multidisciplinary experts for design, product, and tech optimization.

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

APPLY

THE GSMA INNOVATION FUND FOR HUMANITARIAN CHALLENGES

Application Deadline: Monday, 12 February 2024 at 23:59 UTC.

LOCATION: England

As global humanitarian needs continue to rise, there is an increasing demand to respond with innovative, impactful and scalable solutions powered by mobile and digital technology. On 11 December, the GSMA opened the GSMA Innovation Fund for Humanitarian Challenges. The Fund will provide grants as well as additional non-financial and technical support to projects that leverage mobile and digital technology to pilot and scale solutions that address humanitarian challenges in low- and middle-income countries.

ELIGIBILITY:

The Fund is open to applications from for-profit small and growing enterprises (commercially viable start-ups, small and medium enterprises, and social enterprises with up to 250 employees).

Be a small and growing enterprise.

Deliver humanitarian solutions to low-income and vulnerable populations in countries that are eligible to receive official development assistance

Leverage digital technology, especially mobile, to deliver solutions described in sections 1 and 2

Be an existing entity registered and operating in the country of project implementation (whether domestic or foreign-owned or a joint venture). In cases where responsibility for service delivery lies with a downstream partner (see section 4 for more details), rather than the applicant, for example, service delivery by a local organisation, it may be acceptable for the applicant to be registered in a country other than that of project implementation (see geographic specific restrictions in section 5).

Be fully compliant with relevant business licensing, taxation, employee, and other regulations in all applicable countries of grant project operation.

Be registered and have a bank account in the country where they will receive the grant money (if not the same as the project implementation country). This account must be capable of receiving GBP payments as all disbursements will be in GBP.

 Commit to providing 25% to 50% match funding depending on the total grant amount requested (see section 9). — Only one organisation can apply for funding and become a grantee.

Have active users and commercial revenue (users and revenue from any products or services offered by the organisation) in at least one eligible country (see section 5).

BENEFIT:

Successful projects will receive a grant of between £100,000 and £250,000 to scale their innovation over a 15 to 18 month period.

APPLY