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African Startups Acceleration Program by Mastercard & CcHub to Accelerate (Up to 100k USD Equity Free Grants)

CcHub and Mastercard Foundation are partnering to empower ed-tech startups that are building tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation.

Startups that make it into our accelerator program enjoy the following benefits.

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Benefits

Equity Free Funding: Qualified startups are entitled to $100k in equity free funding over the course of the accelerator program

Support & Mentoring: Startups can tap into our multidisciplinary experts for design, product, and tech optimization

Investor Network: Startups, through this program, would be exposed to investors to help scale their products

Eligibility

Startups must be Africa-focused and incorporated in Nigeria. They should be building solutions that address challenges across K-12, tertiary education, and vocational skills training.

Your Edtech Solution must possess these two qualities

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EdTech Solution Based: Must have verifiable users aligned with our accelerator’s focus: education access, student learning, school management, and teacher/trainer effectiveness.

Inclusive Teams: Applicants should have a balanced team, passionate about education. Female founders of EdTech solution companies are strongly encouraged to apply

How to Apply

Applications will be reviewed in 3 stages

Stage 1

Interested innovators are to apply below. In this stage, the Edtech solutions will be assessed on the following criteria

  • Problem/Solution Fit
  • Founder Potential
  • Business Model Fit
  • Traction
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Stage 2

Selected EdTech solutions from the first stage will be assessed based on the following criteria

  • Scalability
  • Long-term
  • Plan/Vision
  • Competitive Advantage
  • Team Potential

Stage 3

The final stage will be an interview with applicants who have successfully gone through the assessment stage. A final selection will then be made, subject to due diligence.

Documents & Guides

Below are relevant document samples and guides that may aid your application.

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African Startups Acceleration Program by Mastercard & CcHub

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