iHub is pleased to announce the twenty seven digital startups who will participate in the iHub scale-up accelerator program, Traction Camp cohort 2.
After a thorough and competitive selection process, involving application evaluation, personal interviews by a panel of program advisors, 27 startup have been selected for the six-month business acceleration program. The program will see the startups receive mentoring from global and local experts, learn through a tailor-made curriculum, increase their regional visibility, and get access to potential partners and investors.
Selected from a pool of over 150 applicants,these startups specialize in digital products and solutions spanning the fields of Fintech, energy, healthcare, education, agriculture, cyber security and e-commerce.
The programme will culminate in a one-week residency in Kenya, where the startups will have the opportunity to interact with and learn from their mentors, coaches, peers, potential partners and investors.
After successfully completing the first cycle of the program; the second cycle of the program will kick off in March 2018. The first cycle supported 16 high growth ventures from five countries in Eastern Africa namely; Kenya, Tanzania, Rwanda, Uganda and Ethiopia.
Some of the members from cohort one are currently fundraising, with some indicating that they are almost closing deals while others have expanded into new markets. A number of the startups have reported growth in their sales revenues and growing their teams.
In the Cohort 2, the country composition of the startups are as follows: 17 are from Kenya, 5 from Uganda, 2 from Somalia and Tanzania and 1 startup from Rwanda.
For the first time, this year we received a good number of entries from countries like Somalia and South Sudan which diversifies our portfolio, as well as shows that there is need for such programs in the Eastern Africa ecosystem which is rapidly growing.
We believe we have unearthed some solid startups in this cohort of 27, who will go on to do wonders for themselves and the ecosystem in general. We look forward to working with the cohort. Thank you to all the applicants and congratulations to the 27 in our current cohort.
Traction Camp’s newest portfolio companies include the following:
is productivity tool for software developers that helps reduce their development time through use of pre-made modern custom controls and components.
is marketplace that connects farmers with customers using a b2b model.
is a business to business mobile-based cashless platform that connects farmers to retailers.
is an online marketplace that helps parents find nearby expert tutors for their children in need of personalized academic attention for core subjects and niche skills.
is an Africa based company that enable FMCG companies operating in Africa to get a tighter control over their distribution networks, reach their full sales potential and better understand the market dynamics through smarter field data.
is a cloud hosted branch-less, paperless financial management platform for financial institutions delivered on mobile and web.
is an online insurance service provider that provides an integrated system that connects insurance players in the insurance value chain.
is a mobile-based trade & market information platform for MSMEs engaged in cross-border trade in the East African Community.
is a startup in Uganda that has developed sustainable and affordable alternative energy solutions for rural communities.
is an intuitive e-learning platform that helps kids improve their learning outcomes through tests with automated grading, interactive learning objects and a robust analytics engine that helps identify strengths and weaknesses at subject and topic level.
provides 24/7 on call system that urban poor families can call the center and health care professionals are visiting the family in 5- 15 minutes to increase access to pregnant women and under five children to improve health and nutrition .
is a digital crowdfunding platform for Africa, which enables people to pull fund together in a group using their mobile phones, and make something happen, like a savings group or a wedding contribution group.
is a platform that generates a single feed of information about the status of a business through capturing of every critical data of the business.
is a provider of mobile lending products for short-term small loans.
is a renewable energy company in Somalia that offers engineering, design, and installation of: Mini-Grids ; Solar Irrigation Systems, Solar Street Lights, and Solar Water Pumps.
is ensuring food production and processing is done in both a safe and smart way using its envisioned Mimea Point Integrated System (MP-IS)
is an android based mobile lending app that offers much needed short term liquidity anywhere anytime in Kenya.
The program is backed by the World Bank Group’s infoDev program and supported by the governments of Norway, Sweden, Finland, and Kenya.
Stay updated on our social media platforms and website (tractioncamp.ihub.co.ke) to know more about the startups, our mentors and the program in general.