The UNDP Timbuktoo Fintech Startup Accelerator Programme 2024 is inviting applications from technology-driven startups dedicated to leveraging innovations in the financial services sector to address Africa’s most complex development challenges.
This Pan-African initiative, based at the Timbuktoo Fintech Hub in Lagos, Nigeria, offers a unique opportunity for startups to receive substantial support to enhance their growth and impact.
Benefits:
The programme provides numerous benefits, including mentorship and coaching from Africa’s top industry experts and seasoned entrepreneurs. Selected startups will also receive equity-free funding of up to $25,000 USD. Participants will gain access to a robust network of fellow startup founders and entrepreneurs from across the continent, facilitating valuable connections with potential investors and customers. Moreover, startups will have access to tailored technical resources designed to accelerate their growth and impact.
Eligibility:
Eligibility for the programme is open to technology-focused entrepreneurs and startup founders aged between 18 and 35, who are either building or have built fintech startups that meet specific criteria. These criteria include having founders who are citizens of an African country, being locally owned and based in Africa, leveraging technology in the financial services sector, and possessing a minimum viable product. Additionally, eligible startups must have established corporate governance systems and adhere to accountability, social, and environmental safeguards.
Application process:
To apply, interested candidates must submit a complete application here, which includes responding to questions that assess formal requirements and provide detailed information about their startup and their motivation for joining the programme. Necessary documents must also be submitted as part of the application process, and these will be used exclusively for evaluation purposes.
Application process: June 20, 2024.
