MBTN AFRICA ACCELERATOR

Published on: Feb 12, 2019


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Funding opportunity available MBTN

The MBTN Africa Innovation Accelerator program aims to identify, support and fund the next generation of technology enabled start-ups solving problems in African Markets. Join the program to grow your company and get ready for global scaling.

We support entrepreneurs with a strong purpose by connecting them to the brightest business minds in industry. The program provides access to the African startup ecosystem, industry specialists, corporate partners, talent, capital and coaching.

We’re interested in startups that are creating the future of Africa’s development story, using promising new technologies to make a positive impact. For the MBTN Africa Innovation Accelerator program, we are looking for founders with:

Domain Expertise

We are looking for deep expertise and knowledge in one specific domain. The perfect founder profile has vast experience working in one specific industry and deeply understands the challenges in and around this industry.

Deep Tech Solutions

We are looking for core proprietary tech solutions. We are open to businesses in any industry, however you will be addressing a need in at least one African market, leveraging technology to tackle the specific problem you are trying to solve.

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NAILAB FUND

Published on: Feb 12, 2019


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Nailab Seed Fund (NSF) is an angel fund founded by Nailab and ICCO whose aim is to invest in early stage seed capital to promising technology (software and hardware) startups in East Africa. The investment will be geared towards accelerating the startups growth to realize more economic returns.

The fund will invest in East African startups that make a smart use of technology. The investment will be a convertible note of up to KES 2.5M, with a maturity of 24 months and a 6-month grace period. The startups to be funded will have to meet the criteria below:

  • Product validation/proof of concept should be in place
  • Your team consists of driven and committed entrepreneurs
  • Your product is highly scalable
  • The idea should be technologically driven
  • The business should be duly registered and operational in Kenya
  • Idea/product should demonstrate a clear social or economic
  • Idea/product should be ready to launch within six months
  • The startup should have an innovative product or service

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