Application Deadline: June second 2017
The Safaricom Foundation Technology for Good Accelerator is a three months in length brooding and seed-subsidizing program that enables business people to dispatch universally versatile portable tech driven new companies that comprehend pertinent neighborhood challenges.
Points of interest:
Choice: Our choice procedure is a special entire day workshop and pitch introduction (following seven days) where members are prepared and furnished with the most applicable startup apparatuses to direct client revelation and approval. Groups then pitch to show client issue as fit. The groups are additionally prepared and furnished with the devices and abilities for business presentations. They build up a plan of action to be tried amid the hatching time frame.
Determination and qualification Criteria:
Must be enrolled to lead business in Kenya as per Kenyan law
Must exhibit the development and how it connections to the Safaricom Foundation goals
Must exhibit ability to create and reveal the answer for the advantage of Kenyans
Must show how they have included accomplices and the group that will profit by the advancement
Potential developments will be brooded upon for three months after which those chosen will be supported
Installments will be paid in light of pre-concurred turning points
There will allowance to take the advancement to sending and scale
This is a development challenge subsidizing and the Foundation maintains all authority to take a value stake in the last item (arranged)
The attention is on the advantage of the advancement to convey change to the group
Those chosen must will to be brooded for three (3) months at @iBizAfrica, Strathmore University
The reserve does not support operational or calculated expenses
The choice will be by a board of trustees made up of people from Strathmore University, Safaricom Foundation, Mpesa Foundation accomplices, Safaricom Innovation and Technology divisions
Training groups experience a one day programmed preparing imagination and advancement and a serious two weeks educational modules intended to rapidly situate them into the subtleties of business aptitudes, enterprise and startup systems. The preparation will furnish the members with the information and aptitudes crosswise over enterprise, business displaying, group improvement, business forms, introduction abilities and pitching, item advancement and startup approach. Classes happen at night from 5:30 to 8:30 pm and on Saturdays from 9:30 am to 12:30 pm.
Tutoring and Coaching-Teams will have entry to top guides and mentors from industry and Strathmore University.
MVP and Proof of Concept-Concurrently with the preparation, groups leave upon building an MVP for evidence of idea. They likewise run analysis to test the plan of action. The span for this is one month. Groups pitch to show verification of idea and to submit application for seed financing.
Seed Funding-Applications for seed financing are submitted to the speculation board of trustees for audit and endorsement. Candidates can apply up to KES. 5,000,000 in subsidizing.
Who Should Apply
Groups of a greatest of three individuals by:
Kenyan youth (18-35 years)
National and group based non-legislative associations
Religious and common society associations
scholarly and research foundations
development center points and the private area
Groups must have the important specialized and business hone required to effectively execute the business
Themed Categories for the Program
3. Financial strengthening
4. Natural preservation
8. Natural disaster alleviation
Length: 3 months hatching, 3 months post-brooding backing
Open Call for Applications-second May
Due date call for applications-second June
Hatching June-August 2017
For More Information:
Visit the Official Webpage of the Safaricom Foundation Technology For Good Accelerator 2017
For more enquiries about admissions into universities abroad, send an email to Jonah@studyabroad365.com or call +2347037293057