VivaTech AfricaTech Awards 2023 for Innovative African Startups
Deadline: 20th of March, 2023
For the second iteration of the AfricaTech Awards, VivaTech and the International Financial Corporation (IFC) have joined forces. This program aims to identify and assist forward-thinking businesses with an African focus that are developing game-changing innovations in the fields of climate, health, and financial technology.
Tech entrepreneurs may contribute to sustainable development, economic growth, and the provision of essential solutions to pressing global concerns. Startups in emerging economies frequently struggle to get the networks and funding they need to build their businesses, despite growing investor interest in these regions.
VivaTech and IFC hope to open up new doors for ICT businesses that are revolutionizing Africa through the Africa Tech Awards. In addition to improved awareness with international investors, including IFC, one of the biggest venture capital investors in emerging countries, the winners of the Awards will have access to leaders and senior executives in the digital sector. More than 300 people applied for the Awards’ first round, which began last year.
Eligibility:
- Operating in Africa: majority of the team based in Africa and/or serving African markets
- Having a solution or product addressing the African market
- Must have raised a minimum of USD 200K and a maximum of USD 10M in capital
- address one of the following themes: Climate Tech, Health Tech or FinTech
Benefits:
REWARDS FOR THE FINALISTS
The top 9 startups (3 in each category) will receive:
- Fly to Paris and attend VivaTech
- Meet key players to scale your business
- Benefit from a strong visibility
- Invitation to the event (flights, passes and booth at VivaTech all included)
- Pitch on stage on the Africa Tech Lab
- Take part in the official AfricaTech Awards ceremony
REWARDS FOR THE WINNERS
The 3 winners (1 in each category) will receive:
- Climate Tech
- Health Tech
- FinTech
- 1:1 mentoring session with the founder of a unicorn company in IFC’s portfolio
Award from the sponsor of the category to be announced soon
Challenges:
Climate Tech Challenge
- Solutions that can reduce emissions, protect the environment, and help communities become more climate resilient.
Health Tech Challenge
- Solutions that can expand access to healthcare among underserved communities, reduce the cost of services, and boost innovation in the healthcare sector.
FinTech Challenge
- Solutions that can expand access to financial services among underserved communities, promote financial inclusion and financial literacy, and improve the efficiency of the banking infrastructure.
