Investing in Innovation (i3) Africa for African Health Entrepreneurs
Investing in Innovation (i3) Africa supports African entrepreneurs who are creating solutions to the health product distribution challenge in Africa. Successful applicants stand a 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 awarded.
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Application Requirements
Representative of the business must be a founder/co-founder, and at least 18 years old with a valid ID document. The 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 eligible.
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Required Documents
National ID/Passport. Document to show ownership of the business.
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Funding Specifications
<p>$50,000</p>
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Application Steps
Visit the website and click and click on the apply button to apply: https://innovationsinafrica.com/application/
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All participating startups get a standardized grant from i3 of $50,000 for investments in commercialization and impact.
Leading innovation professionals from CCHub, Startupbootcamp AfriTech, Villgro Africa, and IMPACT Lab give i3's customized investment preparation support to participating startups.
aida.elkohen@innovationsinafrica.com