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Payday Ambassador Program 2022 For Africans

Abidemi Ogunyemi-Aderibigbe
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Payday Ambassador Program 2022 For Africans

Application is on for the Payday Ambassador Program 2022 for Africans. The program gives Africans the opportunity to serve as liaisons between Payday and their communities.

 It is an awesome way for Africans across the globe who use Payday to earn rewards through referrals (referring family and friends). With Payday Ambassador Program, there are great perks and rewards when you refer friends and family.

Application Process

The application is currently ongoing and closes on the 10th of January 2022. The selection of successful candidates for the Ambassador Program will be on merit and announced on 24th January 2022

Eligibility 

To become a Payday Ambassador boldness and creativity must be a part of your core values. Also, other required values required are:

  • You must be passionate about technology, business, and finance
  • Currently not an Ambassador to another brand or organization
  • Must have time management, leadership, organizational and problem-solving skills
  • Your written and verbal communication skills must be strong 
  • You must have strong community ties at school, work, etc, or a strong Social Media presence.

Benefits of Payday Ambassador Program

As a Payday Ambassador, you have the privilege of these listed opportunities.

  • A paid internship: you will get first-hand consideration for internships and career development opportunities at Payday
  • Monthly Bonuses: Every Ambassador will get a customized referral code. This code will be for earning bonuses on all referrals 
  • Branded Items: Every Ambassador gets exciting branded product packs. These branded product packs are classy enough for showing off and sharing with friends and family
  • Networking: Ambassadors get to network and collaborate with other Payday Ambassadors globally. This increases the level of exposure and awareness for successful applicants.

To become the next Payday Ambassador, start now by using this link to apply before the deadline.

 

Xcelerate Inc. Acquires Membership Interest in AfiyaSasa Africa (ASA)

Hassan Barakat
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Xcelerate Inc. Acquires Membership Interest in AfiyaSasa Africa (ASA)

Xcelerate, Inc. has signed a Membership Interest Purchase Agreement to acquire a 51 % in AfiyaSasa Africa, LLC (ASA), a start-up medical technology and virtual health company that the Company believes is uniquely positioned to help patients in developing countries meet their medical needs by extending physicians’ reach through technology. This technology is based on software developed by AdviNOW that employs and incorporates artificial intelligence (AI) with augmented reality (AR). The app is intended to link people living in rural locations with minimal medical infrastructure and/or medical experts.

“Since Dilan Ellegala joined our Advisory Board in 2021, this initiative, among others, has been at the forefront of our planning.” Xcelerate’s CEO, Michael O’Shea, stated, “ASA is well positioned to help the people of Africa meet their medical needs by extending the reach of physicians to their patients’ mobile devices using a patented breakthrough technology.”

Patients can use their cell phones, tablets, or computers to access the ASA system, which allows licensed physicians and other medical workers to conduct virtual check-ins, triage, and identify the most appropriate care course. To determine if the patient is a repeat visitor, the device has facial recognition and storing capabilities. Additionally, measurements are taken with medical devices connected to a cell phone, tablet, or computer (e.g. stethoscope, thermometer, pulse oximeter, etc.) using a set of questions and answers dynamically integrated with the system’s proprietary AI component, taking the telemedicine virtual appointment to the next level. The AI collaborates with the AR and Q&A to determine diagnostic possibilities, testing and treatment alternatives, and next actions for the patient.

Dr. Ellegala, ASA’s Co-Founder, has dedicated most of his professional life to building the groundwork for Africa’s transformational medical breakthroughs. “A Surgeon in the Village: An American Doctor Teaches Brain Surgery in Africa,” written by Pulitzer-nominated journalist Tony Barthelme, chronicles his training of healthcare workers in remote Tanzania to do brain and spine surgery, as well as his pioneering work in global medical education. “A beautiful, uplifting, overall satisfying narrative of first- and third-world surgeons working together to perform neurosurgical miracles in the heart of Africa,” said NBC’s Tom Brokaw. “ASA is now set to take Dr. Ellegala’s groundbreaking work to the next level by transforming the health-care delivery system for hundreds of millions of Africans, and we’re thrilled to be a part of it.” “Xcelerate is committed to partnering with early-stage medical technology businesses and acquiring and applying patented technologies to clinical care around the world,” O’Shea stated.

Fintechs in Africa Continue to Overshadow Other Startups in Funding

Abidemi Ogunyemi-Aderibigbe
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Fintechs in Africa Continue to Overshadow Other Startups in Funding

Fintechs in Africa is dominating fundraising compared to other African Startups. Tech startups in Africa raised up to $5 billion and sealed big deals in the year 2021.

But, Fintechs took a large part of the fundraising which accounts for about $3 billion or even two-third of investments raised by startups in Africa in the year 2021.

A report by Briter Bridges market insights firm shows this and also shows that the amount doubled the $1.35B investment realized in 2020. The 2021 funds also were triple the amount in 2019.

Growth opportunities for Fintechs in Africa

According to McKinsey study, Africa is the world’s second-fastest-growing and profitable banking and payment market after Latin America.

This means the Fintech sector is prone to attract investors who are relying on the increasing opportunity for growth.

Africa is already a global leader in the adoption of Mobile money going by the bulk of mobile money transactions made in 2020. The number of mobile money accounts In the year 2020 rise by 43%.

The role of Mobile money

Mobile money across the African continent is due to ease of access by the advancements in telecommunications technology created.

For instance, M-Pesa, East Africa’s biggest telco, Safaricom’s mobile money service. M-Pesa requires no internet connection for its users to receive or send money, and also in paying utility bills.

M-Pesa wallet works in a way that it turns its users’ phone numbers into a kind of proxy for bank accounts.

This service is presently Safaricom’s top earner surpassing voice after the platform’s revenues hit $745 million in March 2021 the end of the financial year.

Across the region (Kenya especially), M-Pesa is serving as a lead for a load of new services that will be coming online. For example, in 2012, Safaricom launched M-Shwari, an app for loans and savings products.

M-Shwari happens to be the foundation for the adoption of lending applications. Different related apps have since found their way into the market including Silicon Valley-backed Tala and Branch.

These now-popular lending apps use users’ transaction history to know the amount of instant credit to extend to borrowers. Afterward, the customers’ mobile money wallet is then credited.

These startups are making loans accessible to a lot of people with no history of credit scores. Also, those who are cut out for loans by financial institutions due to a lack of banking history data.

Going by the incremental funding for Fintechs in Africa over the years, capital injected into these startups is only likely to increase with deepening mobile phone usage and internet penetration. 

PiggyVest Disbursed N242 Billion To 3.5 Million Users in 2021

Mena Adediran
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PiggyVest Disbursed N242 Billion To 3.5 Million Users in 2021

PiggyVest, a Nigeria-based digital savings and investment platform, revealed in a newsletter on January 1st, 2022 that it paid out about N242 billion (about $580 million) to 3.5 million users in 2021. This amount of payout is more than double of the disclosed payout to customers in 2020, which was N90 billion.

Somto Ifezue, PiggyVest CEO and co-founder, authored the newsletter. “For the past 5 and a half years, my amazing team and I have been committed to building a product that truly benefits you…With over 3.5 Million customers and over N242 Billion Naira successfully paid out in 2021 alone, we are once again saying thank you for trusting us,” the newsletter reads.

Ifezue, in the newsletter, further shared what customers can expect from the company in 2022. He shared that the startup is “overhauling” its app to ensure it is more user-friendly and secure, that customers can expect “better and faster” customer support, also that more investment opportunities will be provided and lastly, “more features” that will continue to help customers with ther finances.

PiggyVest was founded in 2016 by Joshua Chibueze, Somto Ifezue and Odunayo Eweniyi as piggybank.ng. Chibueze has revealed that a tweet about saving N1,000 daily in a saving box inspired the creation of the startup. The startup can be regarded as a digital “kolo” (a saving box), and saw users save N21 million in its first year.

PiggyVest has features that make customers fond of the app, such as offering 8% to 13% interest rates per annum on savings; a “SafeLock” savings option that lets users save an amount for a given period without access to it — to prevent breaking one’s savings; an autosave option for daily, weekly or monthly automatic savings; amongst others. The savings and investment platform has realised growth to the point of acquiring a smaller competitor Savi.ng in July 2021.

Africrypt Investors Push Charges Despite Mystery Payouts

Abidemi Ogunyemi-Aderibigbe
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Africrypt Investors Push Charges Despite Mystery Payouts

Africrypt is a South Africa cryptocurrency platform with suspicions of being in operation and run by fraudulent individuals. Hence, investors are pushing for criminal charges against the individuals in a case that might prove challenging to prosecute.

Africrypt is in operations by two brothers Raees Cajee and Ameer Cajee, age 21 and 18 years respectively. Investors of the company are seeking the arrest of these brothers who are now on the run since the scandal broke.

Despite being on the run, a mystery benefactor has surfaced to help repay some of the lost cash.

The Africrypt Crisis

In April, $3.6 billion worth of Bitcoin disappeared from the Africrypt platform after which the operators vanished without a trace. The information given to clients is that the platform was a victim of a hack and urged them not to report the attack to the authorities. 

Although, the lawyer representing the company at the time of the incident disputed the amount said to be missing.

The investors are pushing for the brothers to face the law for theft, fraud, money laundering as their actions portray that. If prosecuted, the brothers can get 10-15 years for a first-time offense.

The Prosecution Process

According to Sean Peirce of Durban-based Coast to Coast Special Investigations, a final decision to go ahead with any prosecution is still underway.

If the authorities are set to go ahead with plans to prosecute, there could be an arrest warrant early this year.

Pierce is representing some of those who lost money and wants the matter settled as soon as possible.

However Africrypt’s lawyer, Rashaad Moosa said prosecution may run into headwinds. This is because lots of the investors agreed to transfer their claims to a Dubai-based firm while signing an agreement with the company.

The firm, Pennython Project Management LLC is offering some payouts to investors. Thereby making it impossible for investors to have no right to any interest or even push for civil or criminal proceedings.

If the state is willing to probe further, Moosa said;

“The state will have to call the party or investors who allege they have suffered loss but, most parts of the claims are now on Pennython”

Pennython’s Involvement

Despite the whereabouts of the Cajee brothers still unknown, Pennython is willing to offer about 70% rand to affected investors.

Pennython says the reason for the bailout is the interest in the proprietary software that belongs to Africrypt. Though, this motivation seems gloomy.

Even though many “investors that I represent got paid out some money,” said Peirce. Yet, “we are still pushing forward with the criminal case as there is still money lost.”

The Africrypt fallout is revealing the lack of scrutiny over the country’s burgeoning crypto industry. The industry is booming in popularity since the surge in Bitcoin price about a year ago.

Another South African crypto company, Mirror Trading International, collapsed in 2020, with losses totaling about $1.2 billion.

There are plans by the country’s financial regulator to unveil a framework covering cryptocurrencies early this year. This will help protect vulnerable members of society, it said last month.

There has been cooperation between the investigators and South African authorities. This includes the Hawks and the National Prosecuting Authority, said Peirce.

The mystery investor is asking that any criminal complaints be dropped if an agreement was reached during a liquidation process, though Peirce said that’s not an option.

Peirce came in through one of his friends who also put money in the venture to help investigate Africrypt and build a criminal case. Seeing this, other investors in the Durban area bought the plan to try and get the brothers to face the law.

Co-Creation Hub Job Opening: Program Manager

Boluwatife Aponmade
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Co-Creation Hub Job Opening: Program Manager

Company Description
Co-creation Hub is Africa’s leading technology innovation ecosystem builder on a mission to accelerate the application of science, technology, and social capital for economic prosperity across Africa.

Our mandate is to build a formidable innovation ecosystem with a deeply rooted network, cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant, and scalable solutions. From our locations in Lagos, Abuja, Ijebu Ode (in Nigeria), Nairobi (Kenya), and Kigali (Rwanda), we have built a vibrant community of over 81,000 people and counting and have supported a portfolio of over 120 early-stage ventures including Lifebank, Ushahidi, Riby, BudgIT, Stutern, Kopo Kopo, Sendy, mFarm, Wecyclers and many more.

Job Description
This is an exciting opportunity to develop, manage and advise on projects, partnerships and activities to deliver against a creative economy ecosystem development strategy. The selected candidate will support the development of a core area of a Creative Economy portfolio working with sector stakeholders, and communities.

You will manage various stakeholders across Africa and internationally and contribute to fundraising efforts to scale up programming.

Program Management
• The Programme Manager (PM) will be responsible for the design, planning, contracting, implementation, and close-out of a portfolio of activities linked to Creative Economy ecosystem development in Africa.
• The PM will work in close collaboration with the Unit Head and stakeholders to identify, prioritize, and design activities that will respond to the creative economy priorities to further the objectives of the practice.
• Project manages the planning, schedules, and budgets for agreed activities to ensure that all tasks are completed within the timeframe and budget parameters defined during project design.
• The PM will serve as the main point of contact for internal and external stakeholders to ensure that all activities fit within a strategic and applicable portfolio.
• Interface with other units in the organization (Finance, Communications, Design) to deliver agreed programs.
• Participating in donor and grant application processes including design, submission, and review.
• Provide progress reports on programs to key officers for prompt decision-making.
Relationship and stakeholder management
• Create a framework that guides engagement between the unit and the various levels of stakeholders; the PM must be able to maintain good relations with all associated parties.
• Proactively identify and pursue opportunities for developing new physical and digital audiences for delivery of the units’ projects in Africa.
• Identify thematic priorities that align with partner interests and develop standardized concept notes for pitching to multiple partners.
• Curate relevant activities, stakeholders, events, and workshops that will drive innovation in the selected thematic areas.


Communication and Evaluation
• Work with the Community Manager and Communications Unit to develop and manage digital marketing and audience development campaigns including but not limited to social media platforms.
• Provide content to the Communications Unit for communications materials for distribution internally and externally.
• Ensure the evaluation strategy for each project is implemented by program standards and to report likely variations from the target.

Qualifications
Do apply if you have a keen understanding of:
• How Creative Economy Value Chains work and current barriers and opportunities within this in an African content
• Programme design and related tools for example relating to financial management and reporting, evaluation, contract management, etc
• Job creation and livelihood development strategies in an African context
The ideal candidate will meet the following requirements
• At least 7 years experience designing, and leading delivery of incubation, acceleration, or capacity-building programs focused on artistic, entrepreneurship, digital or technical skills within the Creative Economy in Africa.
• Degree Level or Equivalent in Economics, Management, or related discipline
• Project Management qualification is desirable.
• Experience supporting ecosystem development either in a specific sector within or across the Creative Economy in a formal /corporate context.
• Strong networks across at least one major African market for Creative Economy although experience across multiple markets is preferred.
• Experience working with international donors/ on international donor-funded projects.
• Relationship management with senior stakeholders in partner/donor organizations and government.
• Creativity skills in developing programs and methods for engaging an audience toward the success of the unit.

Additional Information
It is a full-time job and the role can be based anywhere in Africa although Lagos, Nairobi, or Kigali are preferred.


What we offer
• Paid time off
• Healthcare coverage
• A highly collaborative team environment that will support your professional and personal growth
• Work alongside great talent.
• A culture of learning and innovation.
• Opportunities for career growth and training.
• Interaction with industry leaders and forward-thinking people.
• A chance to make a social difference.
• Overall fun company.

Click here to apply.

Heroshe, Paving the Way for Nigeria’s Cross-Border E-commerce Service

Abidemi Ogunyemi-Aderibigbe
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Heroshe, Paving the Way for Nigeria’s Cross-Border E-commerce Service

Heroshe is cross-border E-commerce, logistics, and payments startup solving the problem of access to global commerce beyond Nigeria. This is for businesses and individuals who need to access products that are not locally available.

The success of Africa’s E-commerce has its roots in the late 2000 and early 2010. With rapid internet penetration on the African continent and the launch of platforms that eased payments, various opportunities for innovation in intra-national and international logistics help complete the triangle surfaced.

In Nigeria, Heroshe is one of the companies that took advantage of delivering this goal. For most Nigerians who need access within a reasonable period to products that are not available, Heroshe was handy.

This translates to an affordable service whereby there is someone to buy, ship, and deliver their goods from the US to Nigeria within a stipulated time frame.

How Heroshe started

The name Heroshe is from the Japanese word ‘Hiroshi’ meaning generous. Most importantly, Generous encapsulates the team’s vision.

In October 2012, Chinyere Ukomadu started out helping family and friends to shop and ship goods from stores in her base in the US to Nigeria.

But, sending them through established third part courier services like DHL, FedEx, and UPS was so expensive and her clients had issues with this.

Some of these services could charge as high as $100 for an item less than a pound and still had to pay customs duty when it arrives in Nigeria. This problem brought about the booming B2B2C platform Heroshe is today.

The decision to build a solution that wouldn’t depend on these major carriers and would be affordable to individuals and small businesses was Chinyere’s mission.

She decided to solve these problems by formalizing the structure for orders. When this began, it was an eyeopener to them that there was something interesting to pursue.

At this point, a thesis sprang about a future where “people will live and shop anywhere once the price and the quality are right and their items get to them within a reasonable time”.

Heroshe set out to prove this thesis by exploring several business models and pivoting as they learned. Plotting each model on their business model canvas as they work to confirm/invalidate each model.

The Progress

The first business model emerged when solutions for infrastructural problems like digital payment and last-mile logistics were lingering. Today, these problems are gone all thanks to fintech like Flutterwave, and logistics services like GIG.

But at Heroshe’s early stage, these solutions weren’t available. The company did workarounds to solve these problems and delight customers, which means trying out options that at times didn’t scale. 

Blackberry Messenger was use for communication with prospective customers, and third-party courier services shipping to Nigeria.

To streamline orders, there was the construction of a landing page on Squarespace, orders created on Formstack, sending invoices using Freshbooks, and receiving payment via direct deposit into their Nigerian bank accounts.

As for the last-mile deliveries, once the goods are in Lagos, a company representative handles it delivery. This person would load up all the items into a taxi, call customers to confirm their orders, and drive around Lagos delivering to customers.

The Booming E-commerce Platform

Heroshe.com was officially relaunched in 2019, providing shipping services from the US to Nigeria for businesses and individuals. The platform has given Heroshe the ability to continue to learn and iterate towards a more suitable product for prospective customers.

The platform offerings include a Ship For Me feature at US$5 per pound for shipping from the US to Nigeria. Also, there is an extra US$10 for last-mile delivery in Lagos and to any state or region in Nigeria.

Customers get their packages delivered within 14 (fourteen) days once the company confirms payment. Also, a 30-day pre-shipping storage option for customers who can’t pay immediately.  

The E-commerce platform is expanding its product offerings to serve more business users that need access to more global suppliers and provide the logistics.

Therefore, customers can shop from all stores in the US — including Walmart, Amazon, Nike, ASOS, and Zara — and get their packages delivered to Heroshe’s address.

Since the relaunching in 2019, there has been processing of orders weighing over 200,000 pounds worth and a growth of over 40,000 users. Hence, the company is acquiring customers and scaling through bootstrapping.

There are plans to expand services to other African nations including intra-African transactions in the next two (2) years.

Co-Creation Hub Job Opening: Product Design Lead

Boluwatife Aponmade
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0
Co-Creation Hub Job Opening: Product Design Lead

Company Description
Co-creation Hub is Africa’s leading technology innovation ecosystem builder on a mission to accelerate the application of science, technology, and social capital for economic prosperity across Africa.

Our mandate is to build a formidable innovation ecosystem with a deeply rooted network, cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant, and scalable solutions. From our locations in Lagos, Abuja, Ijebu Ode (in Nigeria), Nairobi (Kenya), and Kigali (Rwanda), we have built a vibrant community of over 81,000 people and counting and have supported a portfolio of over 120 early-stage ventures including Lifebank, Ushahidi, Riby, BudgIT, Stutern, Kopo Kopo, Sendy, mFarm, Wecyclers and many more.

Job Description
We are looking to recruit a results-driven venture builder to join the startup’s support unit and work with exciting companies across our accelerator programs. In this role, you will play a key role in supporting high-growth technology companies, from across the continent, to build great products that meet the needs of their target customer.


The role will be perfect for someone who has an understanding and experience of how to build a product that users love, in terms of function and design.
Startup Support

•Work day-to-day with entrepreneurs across the continent to build global sustainable businesses with a laser focus on building/improving their products by taking a customer-centric approach.
•Provide strategic advisory to startups on their product development strategy/plan and work with our Product, UI/UX, and Engineering team to test, review and give feedback to help make the product better.
•Make introductions and connect portfolio companies to individuals and organizations that will be of value to the product development goals of the companies.
•Create and facilitate product-related workshops/projects
Partner and Advisor Engagement
•Manage existing partnerships with product-related advisors and businesses within our networks as well as develop new relationships, with a focus on unlocking key opportunities and credits that will be beneficial to the product development goal of portfolio companies across our programs.
•Evaluate and pursue opportunities for partnerships, sponsorships, and collaboration on an ongoing basis within the ecosystem
•Provide regular progress reports on startups.

Qualifications
•Educational background in technology and/or design-related fields, with an understanding of the product and design principles, practices, and methodologies.
•Preferably 4+ years of working experience in product development/management or any other related line of work.
•Experience working in an iterative design environment including giving and receiving feedback.
•Entrepreneurial experience or experience supporting startups or working in a startup environment.
•Understanding of the technology and startup ecosystem.
•Ability to handle and prioritize multiple tasks while maintaining accuracy and attention to detail.
•Strong organizational, interpersonal, and research skills.
•Proficient knowledge of Microsoft suite.
•Excellent communication in English (written and oral) and interpersonal skills.
•Proven ability to work creatively and analytically in a problem-solving environment.

Additional Information
Benefits
• A competitive salary, based on experience.
• Medical Insurance
• Work alongside world-class talent
• A culture of learning and innovation
• Opportunities for career growth and training
• Interaction with industry leaders and forward-thinking people
• A chance to make a social difference
• Overall fun company

It is a full-time job and the location is at Herbert Macaulay Way, 101245, Lagos, Nigeria.

Click here to apply.

African Tech Ecosystem Mourns The Death of Nnena Nkongho

Hassan Barakat
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African Tech Ecosystem Mourns The Death of Nnena Nkongho

African tech ecosystem mourns the death of Nnena Nkongho, an African investor who championed diversity and brilliance. Nkongho died recently on December 26, 2021.

Nkongho had more than 15 years of expertise recognizing, creating, and collecting value for African enterprises and funds. She is the founding partner of Otundi Ventures, a pan-African early-stage fund.

She was also a founding investor in Digital Growth Africa (DiGAME), one of Africa’s earliest (2016) institutional venture investing organisations, which has invested about $35 million in series A/B rounds of high-growth, tech-enabled businesses such as Getsmarter (which was acquired by 2U, Inc.), SWVL, 10X Investments, and Rhino Safaris Africa.

Nnena Nkongho was a founding member of Nubuke Investments, a $75 million multi-strategy pan-African fund, prior to that.

Outside of investing, she worked as the Head of Business Development for SOLO Phone Nigeria and the Head of Strategy & Business Development for Etisalat Nigeria for a short time.

She worked for 7 years at global financial services firms Morgan Stanley (New York and Hong Kong) and Merrill Lynch (London) earlier in her career.

Nkongho was a Kauffman Fellow with a B.A. from Princeton University and an MBA from Columbia Business School.

Nkongho grew up in the United States as a Nigerian-American, with visits to Nigeria on occasions, mainly to see her grandmother in eastern Nigeria. These visits opened her eyes to the transformation taking place in Africa, prompting her to change her career path to work in the African investment space.

She revealed why she enthusiastically supports the African digital ecosystem in an interview, as a firm believer in the power of technology.

“In eastern Nigeria, my grandmother was a farmer, but not a particularly [successful] one. She would get up at dawn to go fetch water. She’d then carry large containers of water on her head to her small plot of land’s rocky soil. I’ve watched technology transform the lives of smallholder farmers like my grandmother over the last five years.”

“Businesses have used the mobile platform to deliver value-added services such as providing financing for better seeds, autonomously irrigating land, and finding better marketplaces (and pricing) for produced goods, among other things. Technology-enabled investing has the potential to change people’s lives. That, to me, is the most powerful thing you can do.”

The African and global tech communities mourns the loss of a colleague, friend, peer, and mentor.

Google for Startups Accelerator – Middle East and North Africa

Abidemi Ogunyemi-Aderibigbe
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Google for Startups Accelerator – Middle East and North Africa
Google for Startups Accelerator Middle East and North Africa is a 3-month program designed for startups across the region. It is for those who are using technology in innovative ways to solve scalable needs in the market.
 
Successful startups will receive mentorship and support from the best of Google and our global mentor network. The support will be in AI/ML, UX, Cloud, Android & Google Play, Product Strategy, Web, and Marketing.

About the Program

Application Deadline: 14th of May, 2022.
Location: Dubai- Virtual
 
A global series of accelerator programs:
 Each accelerator features a cohort of about 10-15 top startups coming together to tackle specific technical challenges that can aid the growth of their businesses.
 This will be through a mix of remote and in-person, 1-to-1, group learning sessions, and sprint projects.
 
Tailored expert help:
 Founders will be outlining top technical challenges for their startup, and are later paired with relevant experts from both Google and the industry. Hence, this will help to solve those challenges and at the same time grow their business.
 
Specialist Deep Dives:
 Also to mentorship and technical project support, Google for Startups accelerators includes deep dives and workshops focusing on product design, customer acquisition, and leadership development for startup founders.
 

Eligibility for the Startups Accelerator program

There are specific requirements for each of the programs but, generally successful teams fit in the listed profile.
  • Ability to show traction between Seed and Series A stage
  • Posses deep technicalities focusing on technologies such as AI and Machine Learning.
  • Building a product/service that is scalable with a total addressable market that stands out and has a defensible growth model.

Benefits of the Startups Accelerator program

Equity-free support: A 3-month of equity-free support
 
Training: Getting training on design, marketing, and leadership
 
Early access: Early access to new Google products and tools
 
Technical project partnership: Access to partnership on an advanced technology project
 
Access to experts: Free access to Google’s network of industry experts
 
Mentoring: Personalized mentorship and technical support from Google experts and 20+ Google teams
 
Strategic support: Support on company and product strategy
 
Product credits: Google product credits for your tech stack
 
To get started, visit the Official Website Here
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