A partnership between Village Capital and Kenyan makerspace Gearbox has just produced the first ever hardware focused accelerator program. The joint venture program which focuses on inventions that will improve access to energy and agricultural productivity for smallholder farmers is open to all startups across Africa.
Twelve lucky startups will be chosen from the pool of applicants to participate in the program, they will also see themselves taking part in three intensive four-day sessions that will take place in Kenya between the months of October and February. The startups will then be judged and accessed by their peers as stipulated by Village Capital, where two startups will emerge as overall winners to snatch the coveted prize of $50,000 each to fund their ideas.
During the program, investors, peers, potential customers and industry experts will be giving feedback to participants to help structure their businesses. Other program partners in the accelerator program include the Lemelson Foundation, Doen Foundation, VC4Africa and SGII. Applications are currently on-going and will come to an end on the 7th of September, 2015.
Follow the link provided here for eligibility criteria and submission of application.
Image source:renegadephysics
