Applications are currently being accepted for the 2024 UNDP Timbuktoo Fintech Startup Accelerator Program. This program, spearheaded by the Timbuktoo Fintech Hub in Lagos, Nigeria, is a Pan-African endeavour aimed at supporting startups that are pioneering technology solutions within the financial services sector. These startups stand out for their core reliance on technology, utilizing digital platforms and tools to foster innovation and enhance efficiency in the financial realm.
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The UNDP Timbuktoo Fintech Startup Accelerator Program also targets startups that are actively contributing towards the attainment of sustainable development goals (SDGs). These are ventures whose solutions directly align with one or multiple SDGs, fostering growth, industrialization, trade, education, healthcare, inclusive governance, and other crucial areas.
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Benefits
Benefits of the Program include:
- Mentorship and guidance from esteemed industry experts and seasoned entrepreneurs across Africa.
- Equity-free funding of up to $25,000 (USD), earmarked to bolster the growth trajectory of participating startups.
- Access to a robust network comprising fellow startup founders and entrepreneurs hailing from diverse corners of the African continent.
- A platform facilitating connections with potential investors and customers, thereby broadening market reach and investment opportunities.
Register to attend the CN Business Mixer
Eligibility Criteria
Eligibility criteria for participation are as follows:
- Startups whose founders hold citizenship in any African Union Member country.
- Startups that are locally owned and based within an African nation.
- Ventures leveraging technology within the financial services sector to tap into intricate developmental prospects and tackle challenges.
- Possession of a minimum viable product (MVP).
- Presence of established corporate governance structures, accountability measures, and social and environmental safeguards.
Applications will be open until June 21, 2024. Apply HERE.
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