PesaTech Accelerator 2022

About the program

PesaTech is an accelerator geared toward Fintechs and is implemented by Sahara Ventures in partnership with Hindsight Ventures and Enea Advisors. The accelerator is supported by The United Nations Capital Development Fund (UNCDF). The accelerator targets post MVP and growth stage Fintech startups in Tanzania.

The PesaTech Accelerator program aims at identifying and fostering Tanzanian startups in the Fintech space. The program engages promising startups with high growth potential to improve and automate their financial services delivery.

The process

The accelerator will take the startups through the following processes

• Opening and launching
  Opening the call for application and launching the accelerator with strategic partners in the startup ecosystem.
• Virtual assessment (InvestoRedo)
  Running of virtual assessment of the applications received via the InvestoRedo platform.
• Physical assessment (Diagnosis)
  Running physical assessment and diagnosis of the post-revenue startups for investor readiness support.
• Bootcamp (Post MVP Startups)
  Two weeks of technical and business bootcamp for registered post MVP startups to improve the quality of the products and support their go-to-market strategy.
• One-On-One Session (Post Revenue Startups)
  Series of experts and mentors meeting for registered post-revenue startups to help with go-to-market strategy, compliance issues, and fundraising.
• Demo day & post acceleration support
  Deal sessions and marketplace to support the startups to access strategic partnerships and potential investors.

Benefits

Benefits for Post MVP Startups include:

• Product Development
• Business Development
• Communication and Branding
• Investor Readiness Support
• Legal and Compliance
• Go-To-Market Strategy

Benefits for Post Revenue Startups include:

• Fundraising Strategy
• Strategic Partnerships
• Legal and Compliance
• Market Access
• Systems and Structures

Eligibility

The accelerator targets post MVP and growth stage Fintech startups in Tanzania.

• Post MVP StartUps: Any Fintech startup with an existing Minimum Viable Product
  (MVP) about to be launched and tested, or already in the market.
• Post-Revenue StartUps: Any Fintech startup with an existing Minimum Viable
  Product (MVP), proven traction and one that has started to generate revenue.