UNDP Timbuktoo HealthTech Startup Accelerator 2024 Programme
Young African innovators in HealthTech are invited to apply for the UNDP Timbuktoo HealthTech Startup Accelerator Programme 2024. This thrilling opportunity is a once-in-a-lifetime chance to get up to USD 100,000 equity-free funding for those with the desire to redefine healthcare in the African continent.
If you desire to solve a big problem in the healthcare sector and have a solution with a clear path for monetization, then this program could be for you.
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Requirements and eligibility criteria;
- Founders must be nationals of an African country.
- Startups should be registered and operate within Africa.
- Must have been in operation for at least one year.
- Solutions must address development challenges.
- It must be technology-based.
- A Minimum Viable Solution (MVS) is required (regulated and licensed if needed).
- Must have existing corporate governance and accountability systems.
- Limited to citizens of African Union member states.
More Details On UNDP Timbuktoo HealthTech Startup Accelerator 2024 Programme:
- Technology at the Core: Your startup should center around a technology-enabled solution, using digital tools to innovate in the financial sector.
- Supporting the SDGs: Your solution should contribute to one or more UN Sustainable Development Goals, tackling global issues like poverty, inequality, or climate change.
- Scalability: The startup must be highly scalable, and capable of expanding rapidly across markets or through digital channels.
- Defensible Position: Your startup should have a sustainable competitive edge, whether through IP rights, network effects, domain expertise, or market dominance.
- Innovative Approach: The solution should offer a novel way to address health challenges, with the potential for significant impact in healthcare.
- Technical Feasibility: The solution should be scientifically or technically sound with a realistic development timeline.
- Regulatory Compliance: There should be awareness of relevant healthcare regulations and a strategy to secure necessary approvals.
Benefits:
- Join the pioneer cohort of the Timbuktoo HealthTech Hub and the broader Timbuktoo ecosystem.
- Receive mentorship from industry experts and experienced entrepreneurs.
- Access equity-free funding up to USD 100,000.
- Network with potential partners, collaborators, and customers.
- Connect with investor networks.
- Gain resources and support to boost growth and impact.
- Access networks and agencies within the larger UN system.
- Connect with networks and resources within the AfCTA system.
- Contribute to shaping a pan-African HealthTech evolution.
Program Timeline:
- Application and Selection: August 2024 – October 2024
- Bootcamp: November 2024 – December 2024 (In-person attendance in Kigali, Rwanda from November 7th – 17th, 2024)
- Incubation & Acceleration: January 2025 – May 2025
SEE ALSO: DAAD Postgraduate Scholarships 2024 for International Students
Application Procedures for (How to apply);
To apply, interested and eligible candidates should complete the application by following this [link].
Application Deadline: October 6, 2024.
For more information about this opportunity, Visit the Official Webpage.
