The #FastTrackTech Africa initiative aims to support digital entrepreneurs and tech startups in sub-Saharan Africa go international – with online and onsite training, advisory and coaching focused on building digital and business skills with a focus on regional & international business generation and investment promotion. The two-year project starts in October 2019 and targets 7 countries: Benin, Ethiopia, Ivory Coast, Mali, Rwanda, Tanzania and Zambia. The project will benefit at least 7 leading tech hubs, 200 tech startups and 2000 digital entrepreneurs.
Through this call for applications, #FastTrackTech Africa will onboard tech start-ups that will be segmented based on to their level of maturity and will benefit from the following services according to their categorization:
1. Growth Phase: post-revenue, targeting new markets, new products
2. Entrepreneurship Phase: Minimum Viable Product (MVP) confirmed, customer acquisition and retention ongoing
➔ Growth start-ups will have access to opportunities in the form of local and international start-up events and
competitions, to develop both their business and connect them with potential investors
➔ Entrepreneurship start-ups will receive a blend of online and onsite training and targeted coaching on different topics related to building and further developing their business.
For more information, please visit:
One Growth tech startup per country will be sponsored by FastTrackTech to exhibit at 4YFN, the flagship startup event of the Mobile World Congress
►WHO CAN PARTICIPATE?
As a relevant tech startup, you have to:
➔ Use digital technology as a core enabling factor (e-commerce is included)
➔ Have been launched within the last 3 years – ideally
➔ Be for-profit – but you can also have a social impact – mention it in your application!
➔ Have built a minimum viable product*, which has ideally generated some sales even if only a limited amount
* A Minimum Viable Product (MVP) is a product with basic features, but enough to get the attention of the consumer and to provide a feedback loop to guide future development
*KNOCK-OUT criteria : The startup is not eligible for #FastTrackTech if it does not rely on technology as a a core enabling factor. Startups that provide incorrect information in the call for applications can be excluded or re-categorized.
#FastTrackTech is funded by Canada, Denmark, Finland, Ireland, Norway and Sweden through the ITC Trust Fund and by The Netherlands Trust Fund IV.
|Application deadline||November 21|
|Program dates||November 18, 2019 - October 29, 2020 - 6:00 PM|
|Organizer||International Trade Centre Other|
|Location||Geneva, Genève, Switzerland|
|Targets||Ethiopia, Rwanda, Tanzania, United Republic of, Zambia|
|Sectors||Adtech, Agritech, Artificial intelligence, Big data, Blockchain, Cloud solutions, Computer games, Computer software, Connectivity, E-commerce, E-learning, E-sports, Fintech, Information technology, Internet, Internet-of-things, Machine learning, Mobile, Online payment processing, Smart city solutions, Virtual reality|