Wazo Challenge East Africa is aimed at young entrepreneurs in the 18 - 30 age group, who are residents of countries from the UN designated Eastern Africa region. We are looking for entrepreneurs who have an idea to solve a local business / social problem, by leveraging technology.
We are looking for enterprising youth (as individuals or teams) to use technology (Software / Hardware / Software+Hardware), and solve for one of the below:
10 high-potential founders will be selected for a 4-week venture building mentorship and leadership development bootcamp, that will be delivered by successful founders, industry leaders, domain experts and investors from Hindsight Ventures’s global network. The Venture Bootcamp will help establish / reiterate basic venture development processes, enable industry connections, international networks, peer community and more. During the course of the bootcamp, each selected startup will get access to $150,000 worth of technology credits from our partners, that will help the selected Founders to build fast, and at scale.
The Venture Bootcamp will culminate with an international demo day, wherein the cohort will pitch to an audience comprising investors and corporates. Prior to the demo day, the cohort will be ably coached by pitch coaches, to ensure that each pitch is succinct and conveys a compelling story.
Money! Money! Money!
There’s a USD 10,000 grant money at stake, and the cohort will be pitching for the
same. In addition, we sincerely hope that the international demo day will attract
venture investors to take a serious look at the cohort, and many will get investor
interest.
Founders of Eastern African origin, and in the age group of 18 - 30 years
If the company is incorporated within the immediate past 18-months
Minimum team size of 3 people
Uniqueness of the idea
Social and Community Impact
Innovation
Market Opportunity
Market Feasibility
Wazo Challenge East Africa will be judged by a jury of prominent regional stakeholders, who will be selecting the Top-10 Applications on the basis of the above criteria.
Build for the Future, today.
Hindsight Ventures' contribution to us as an organisation has been immeasurable. The Wazo Challenge program especially has been one of the best run and instrumental in us being accepted in Techstars, growing our business 325% and developing qualities we need as a team to keep growing more. We particularly love how the program was run, professionally and with high ethical standards. The team at Hindsight Ventures are reliable, thorough, smart with appropriate technical skills. They are available, extremely good communicators and very friendly!
Being part of the Wazo Challenge East Africa was indeed a great learning experience. The past few weeks at the bootcamp was a great opportunity for us to learn and grow with best in class, curated experts and mentors. We benefited from the diversity, knowledge and experience of the mentors and other entrepreneurs which has helped us to refine and document our true unique selling proposition and strategies, our product roadmap; and subsequently generate financial models. We are now confident about our foundation for a scalable internet business.
It was my first time to join an incubation with qualified mentors and instructors for every session, the team is organised and have a good network for a ready to go startup, mentors were great and helpful, and every session was bold, nonetheless, we are among the winners we've got great recommendations, good network and more, this incubation is a big deal more than you can imagine, I love how humble Ajay and Jagruti are to reply to our WhatsApp messages promptly, we are glad we were blessed to join
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