BetaLab is Britam’s corporate innovation hub, designed to foster collaboration between startups, tech talent, and industry leaders. Through incubation programs, mentorship, events,hackathons and product development initiatives, BetaLab is reimagining insurance and financial services in Africa.
Britam and Hindsight Ventures presents Britam Betalab Regional Challenge 2025, a 4-Weeks Venture Development Bootcamp covering 3 East African nations where Britam has operations - Tanzania, Uganda and Rwanda to identify hi-tech, high potential startups and founders building innovative solutions fitting within the insurance value-chain.
Britam Betalab through this challenge is looking to identify hi-tech, high potential startups and founders building innovative solutions fitting within the insurance value-chain across the following industries
Looking for digital financial solutions that improve access to credit, savings, payments, embedded finance, and financial literacy-especially for underserved individuals and SMEs
Seeking technologies that simplify insurance access, underwriting, distribution, and claims management.
Solutions that digitize agriculture value chains, enhance productivity, or improve farmer access to inputs, markets, or insurance.
Innovations and tools that improve retail access to credit or insurance.
Britam is exploring partnerships that link health services to micro-health insurance, telemedicine, or digital health wallets to help reduce out-of-pocket health costs and expand protection.
15 high-potential (5 from each of the 3 countries) will be selected for a 4-week venture mentorship and leadership development bootcamp, that will be delivered by successful founders, industry leaders, domain experts and investors from Britam Leadership and Hindsight Ventures global network. The Venture Bootcamp will help establish / reiterate basic venture development processes, enable industry connections, international networks, peer community and more.
Following the Venture Bootcamp Demo Day, a cohort of 5 startups from across the 3 countries will be selected for a 60-day Accelerator Program that will see startups further their business growth, and aim to secure a PoC / pilot opportunity with Britam.
During the course of the accelerator each selected startup will get access to $500,000 worth of technology credits from partners such as Zoho, Microsoft, Canva, DigitalOcean, FreshWorks and more that will help them build fast.
The Venture Bootcamp will culminate with a virtual Demo Day, wherein the cohort will pitch to an audience comprising internal stakeholders from Britam HQ and regional offices.
We are looking for startups across Tanzania, Rwanda and Uganda using technology (Software / Hardware / Software+Hardware), and solve for the above listed focus areas. It is mandatory that applicants should have a registered entity in any of these 3 countries and be operational for a minimum 24 months.
