Investing in Africa i3 Program 2023 for e-health Startups ($USD 50,000 grant)
APPLICATIONS FOR THE SECOND COHORT ARE NOW OPEN for the Investing in Africa i3 Program. If you are an African entrepreneur creating a solution to a health product distribution challenge in Africa, i3 invites you to apply for the 2023 cohort. You stand the chance of receiving a $50,000 grant as well as access to leading donors, and industry and institutional players who will support introductions to customers. Up to 30 companies will be selected in this round.
Requirements:
TO BE ELIGIBLE TO APPLY, STARTUPS MUST FULFILL THE FOLLOWING CRITERIA:
- Representative of the business must be a founder/co-founder, and at least 18 years old with a valid ID document.
- Company must be owned, led, or operated by an African(s). We define this as having an African nation with long-term control and management of the business, an equity stake, and an active role in both strategic and day-to-day decision-making. The organization does not need to be headquartered in Africa.
- Businesses must have a legal presence on the African continent.
- Business offerings must be focused on serving the needs of African customers
- Business must be in the early or growth stage as defined below. Nascent/idea stage companies, or mature companies (e.g. mature incumbent distribution businesses) are not be eligible.
Duration and Benefits:
Companies in the i3 cohort will benefit from 3 offerings over a 12 month period.
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- Access to Markets: i3 connects innovators to leading local and international industry players as well as to financing, donors, and governments – in an attempt to help companies establish partnerships, pilot projects, contracts and investment.
- Risk-tolerant Finance: i3 provides systematic grants of $50,000 to all participating start-ups for investments in commercialization and impact.
- Investment Readiness Support: i3 provides participating start-ups with tailored investment readiness support, delivered by leading innovation experts at cchub, start-up boot-camp afritech, villgro Africa and impact lab.
How to Apply
Interested and qualified candidates should apply using the button below or click this link
Deadline: May 22nd, 2023
Talithacumi Edom, a seasoned editor at Latest Opportunities, is an experienced Ghostwriter, a professional CAC registrations Service Provider, and a business enthusiast raising her bars everyday.
