Call For Applications: Standard Chartered Women in Technology Incubator Program 2024 Cohort 7 (10, 000USD seed funding)
The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women-in-tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence.
The program is an initiative of Standard Chartered in partnership with Strathmore University’s @iBizAfrica incubator. It combines world-class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing on immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities with the support of seed capital.
Eligibility for Standard Chartered Women in Technology Incubator Program
They are seeking to recruit the best entrepreneurial minds, and women-led tech startups as key drivers of innovation in business.
The principal founder must be:
- A woman.
- Above 18 years of age.
- Of Kenyan nationality or permanent residency.
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Other requirements
- The startups must be Kenyan-registered companies that are building technological solutions aimed at mitigating Kenyan socio-economic challenges.
- The selected startup ventures may be sector-agnostic.
- The startup ventures must embed components of emerging technologies in building their solutions ie. Artificial Intelligence, Internet of Things; Big Data; Machine Learning; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics e.t.c within their respective sectors.
- The applicants must be Women-led startup ventures and the teams should be made up of at least 50% women.
- The principal applicant must be the founder with a majority stake.
- 3 months to less than 2 years of operation seeking support for proof of concept, customer, product, and business model development.
- Pre-revenue with early traction (users). Post revenue is an added advantage.
- Not received an investment of more than KES. 500,000 and not participated in a similar program in the last 1 year.
- Companies solving for any of the 17 SDGs.
Benefits of Standard Chartered Women in Technology Incubator Program
- 12 weeks of an immersive learning experience
- Access to a leading network of coaching experts
- Access to B2B networking opportunities
- Personalized mentorship sessions to address your unique business needs
- Opportunity to join a supportive Women in Tech Alumni Network
- $10,000 equity-free grant seed funding for the top 7 finalists
- 6 months of ongoing support from Standard Chartered and @iBizAfrica to assist with go-to-market and scale for the top 7 finalists
Deadline: Unspecified