Call for Applications: Village Capital Greentech Africa Investment-Readiness Accelerator 2024 for diverse-led startups
The Village Capital Greentech investment-readiness accelerator, Greentech 2024: The Future of Sustainability, is dedicated to advancing innovative and sustainable solutions that actively combat climate change and bolster resilience across Africa. Supported by Moody’s Foundation, this program in Africa prioritizes startups led by diverse teams and/or hailing from Egypt, Kenya, Nigeria, Senegal, and South Africa, with a focus on promoting sustainable solutions for underserved communities.
Eligibility Criteria:
- Must be a for-profit entity legally incorporated and operating in one or more of the following African countries: Egypt, Kenya, Nigeria, Senegal, and South Africa.
- Offer a market-based tech solution addressing the listed challenges within these countries.
- Comply with local fiscal and business regulations.
- Possess at least a minimum viable product (MVP), with some traction and less than USD 1M in equity raised.
- Demonstrate significant customer or business validation, including successful pilot studies, user base, or strategic partnerships.
- Have at least one full-time founder located in Egypt, Kenya, Nigeria, Senegal, or South Africa.
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Startup Focus Areas:
- Cleantech and Climate Tech
- Agtech and Food Security
- Circular and Regenerative Economy
- Natural Resource Management
- Water, Sanitation, and Health
Benefits Include:
- Tailored learning sessions to help startups identify early milestones and prepare for future rounds of funding.
- Mentorship opportunities with investors, potential partners, industry leaders, and fellow founders.
- Personalized financial guidance from an investment analyst to develop financial models and understand key metrics for business and investor diligence.
- Exposure through Village Capital’s program website and other communication channels.
- Networking opportunities with cohort peers and the broader Village Capital investor and alumni network, including participation in forums with institutional representatives, corporations, and investors.
Timeline:
- March 4, 2024: Applications open
- May 10, 2024: Applications close
- July 2024: Cohort selection
- August 2024: Online workshop 1
- September 2024: Online workshop 2
- September 2024: In-person workshop
Ready to make an impact? Click HERE to Apply.