ABOUT WAZO CHALLENGE KENYA

Wazo Challenge Kenya is aimed at 18 - 30 year old Kenyans, who have an idea to solve a local business / social problem, using technology. With a near 55 Mn population having 65 Mn mobile phone subscriptions and 22 Mn internet users - technology will help take the leap forward, and solve social and business problems.

We are looking for enterprising youth (as individuals or teams) to use technology (Software / Hardware / Software+Hardware), and solve for one of the below -

Financial
Services

Healthcare
Services

Agriculture
Services

Retail

Supply Chain
Services

Sustainability
Services

TAKEAWAYS FROM THE CHALLENGE

Venture Bootcamp

10 high-potential founders 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 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 $500,000 worth of technology credits that will help them build fast.

Week 1
Foundation

  • Product Market Fit: Review, Identifying Gaps and Refining the idea

  • Revisiting the Business Model

  • Understanding Mission, Vision, and Goals

  • Branding and Design

  • Legal And IP

  • Elevator Pitch for Investor and Customer

Week 3
Go- to Market and Scale

  • Business Scalable Strategies

  • Marketing Messaging

  • Customer Acquisition

  • Financial Modelling

  • Unit Economics

Week 2
Customer Development

  • Customer Journey Mapping, Customer Segmentation, Value Proposition

  • Customer Profiling/Validation

  • Leadership, Work Life Balance, Business Culture

Week 4
Pitch Ready

  • Funding

  • Pitch coaching and mock pitches

  • Final Investor, Customer and Partner Pitches

Technology Credits

Each startup gets in excess of $500,000 in technology credits from partners such as AWS, Zoho, IBM, Microsoft, Canva, DigitalOcean, FreshWorks and more.

International Demo Day

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.

Cash Prizes

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.

SELECTION CRITERIA

Kenyan national(s) 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

MEET OUR JURY

Wazo Challenge Kenya will be judged by a jury of prominent local stakeholders, who will be selecting the Top-10 Applications on the basis of the above criteria.

Dan Karuga
Member
SC Ventures
George Murage
Manager, Business Consulting, Research
Intellecap
Melissa Tickle
Investment Manager
Finca Ventures
Njeri Muhia
Product Owner
Axum Africa
Shakila Mshana
Consultant & Country Lead
StartHub Africa

TIMELINES

Build for the Future, today.

Technology Partners

Ecosystem Partners

Program FAQs

Wazo Challenge Kenya is aimed at validating and mentoring early stage tech entrepreneurs through a 4 weeks long bootcamp.

4 Weeks from the date of cohort announcement. We expect the program to start in the first week of June 2022 and go on till the end-June 2022.

The bootcamp will focus on experiential learning and development of the selected founders. These startup founders will go through various mentorship sessions with global experts, 1-on-1 anchor mentor lead sessions, investor connects, business connect in the span of 4 weeks.

No. The program is not charging any fees.

You can apply provided you are a Kenyan national, currently living in Kenya and solving a problem in Kenya, using 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,

  • Financial Services
  • Healthcare
  • Agriculture
  • Sustainability
  • Retail
  • Supply Chain

You can fill-up our online application form with your idea/early stage startup that you are working on. You can apply as an individual or as a team of upto 5 members.

Applications will be selected through a 2 stage process. Stage-1 wherein your application will qualify you for Stage-2 wherein you will be interviewed by the program team. 10 startup ideas / teams will be selected.

We will be using a weighted average score to qualify applying startups on a score of 100 points.

  • If the company is incorporated within the immediate past 18-months [5]
  • Kenyan national(s) in the age group of 18 - 30 years [5]
  • Minimum team of 3 people [10]
  • Uniqueness of the idea [20]
  • Social and Community Impact [25]
  • Innovation [15]
  • Market Opportunity [10]
  • Market Feasibility [10]

Yes, having a prototype or some early traction is always preferable. We are open to receiving napkin-stage ideas.

Yes, it is a hybrid program.

  • 4 Week Venture Bootcamp for Top-10 selected applications
  • $500,000 in technology credits to each selected venture
  • Pitching at International Demo Day
  • Grant Money of USD 10,000