Innovate Ventures calls application for the Accelerator Program 2020 for startups in Somalia.

Innovate Ventures is the leading Somali startup accelerator and early-stage startup fund supporting ambitious startups who use technology to change the world. Through this flagship program – Innovate Accelerator Programme (IAP), it invests in and supports great teams with cool ideas to help build a world-class business through an intensive three-month program.

Benefits

The program provides startups and entrepreneurs with access to mentors of tremendous experience in an array of fields such as product development, technical architecture, customer development, sales, finance, and operations. In addition to that, the program has the following benefits

• 12 weeks of intensive training and mentoring business and operational skills.
• Access to leading telecoms and banks in Somaliland and Somalia.
• Pitching in front of local and international investors.
• Features in local and international media.
• Equity funding for at least 3 startups of up to $30,000.

Eligibilities 

• The business must be based in Somaliland or Somalia.
• Businesses must be technology-oriented.
• Founders must be 18 to 35 years old and committed to attending the accelerator program in Hargeisa.

The 12-week accelerator program is structured to help entrepreneurs and startups to succeed and fail faster. Yes, it is far better to fail quickly and realize the mistakes early in the process and we work with startups on their ideas.

Visit this link for more information about this program.