The seventh cohort of the Standard Chartered Women in Technology Incubator is now accepting applications.The Women in Technology Incubator at Standard Chartered Kenya is Africa’s top hub for women in technology, supporting demands for greater diversity in the field as well as more chances for women to flourish in leadership and entrepreneurship.
The @iBizAfrica incubator at Strathmore University and Standard Chartered have partnered to create the program. It offers Africa’s most competitive and alluring startup incubation program, combining top-notch startup support with local and global experience. Its main objectives are immersive learning, mentorship, and creating and developing Africa’s next big companies that will take on the continent’s most pressing opportunities and challenges with the help of seed funding.
Benefits:
- 12 weeks of an immersive learning experience
- Access to a leading network of coaching experts
- Access to B2B networking opportunities
- Personalized mentorship sessions to address your unique business needs
- Opportunity to join a supportive Women in Tech Alumni Network
- $10,000 equity-free grant seed funding for the top 7 finalists
- 6 months ongoing support from Standard Chartered and @iBizAfrica to assist with go-to-market and scale for the top 7 finalists.
Requirements:
Seeking to recruit the best entrepreneurial minds, women-led tech startups as key drivers of innovation in business.
The principle founder must be:
- A woman.
- Above 18 years of age.
- Of Kenyan nationality or permanent residency.
Eligibility:
- The startups must be Kenyan registered companies which are building technological solutions aimed at mitigating Kenyan socio-economic challenges.
- The selected startup ventures may be sector agnostic.
- The startup ventures must embed components of emerging technologies in building their solutions ie. Artificial Intelligence, Internet of Things; Big Data; Machine Learning; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics e.t.c within their respective sectors.
- The applicants must be Women led startup ventures and the teams should be made up of at least 50% women.
- Principal applicant must be the founder with a majority stake.
- 3 months to less than 2 years of operation seeking support for proof of concept, customer, product and business model development.
- Pre-revenue with early traction (users). Post revenue is an added advantage.
- Not received investment of more than KES. 500,000 and not participated in a similar program in the last 1 year.
- Companies solving for any of the 17 SDGs.
