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  Tech startups passionate about utilizing innovations in the financial service sector to solve complex challenges confronting Africa can apply for the UNDP Timbuktoo Fintech Startup Accelerator Program 2024.
Read more about Opportunities
The UNDP Timbuktoo Fintech Startup Accelerator Program 2024 is a pan-African initiative of the Timbuktoo Fintech Hub in Lagos, Nigeria aimed at supporting startups that:
  1. Deploy technological solutions in the financial services sector.
  2. Are contributing to the Sustainable Development Goals (SDGs) through growth, trade, industrialization, education, health, and more.
  3. Demonstrate high scalability through digital distribution platforms or rapidly across African markets.
  4. Hold a defensible position, whether in the form of intellectual property (IP) rights, domain expertise, or others.
  5. Show a strong monetization strategy.
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Eligibility

  1. Applicants must be tech-focused.
  2. Founders of startups applying for the program must be between the ages of 18 and 35.
  3. Founders of startups must be Africans.
  4. Startups must be based in Africa.
  5. Startups must prove their ability to solve problems by leveraging financial services tools.
  6. Startups must have a minimum viable product.
  7. Startups must already have corporate governance systems and be accountable.
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 Benefits

  1. Mentorship and coaching from leading industry experts and seasoned entrepreneurs in Africa.
  2. USD 25,000 in equity-free funding to support the growth of startups.
  3. Participants will gain access to a network of fellow startup founders and entrepreneurs from various parts of Africa.
  4. A platform for founders to connect with potential investors and customers.
  5. Provision of access to technical resources.
The deadline for applications is June 20, 2024. Click HERE to apply.
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This article was first published on 10th June 2024

ugo-chinedu

I am a Lion, I love to hit heights that seem impossible so I can motivate others and prove doubters wrong. For me, impossible is nothing. I'm open to learning and I love to read, travel and meet new faces.

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