Norwegian accelerator to link Kenyan startups with global investors

By professo

The Norwegian incubator, Pangea, has partnered with the iLab at Strathmore University in a bid to connect Kenyan startups with global investors and mentors.

The company are searching for startups with the ICT, agribusiness, fintech, healthcare, and education industries.

In order to apply, Pangea has opened an online platform to receive bids that focus on the concept of a gap in society until 19 February.

From the applications, the firm will select 40 companies to undergo a three-month training scheme.

“The Pangea Accelerator offers dedicated expertise to help your company reach full potential and connect you to capital and investors to scale your company,” stated the Norwegian firm.

SEE ALSO:

From the selected 40, Pangea will then narrow down the group to just a quarter, with the top 10 best startups being part of a demo, concluding 3 April.

The best startup from the conclusive demo day will win initial funding of up to Sh5mn (US$50,000).

The project has also been supported by Francis Stevens, an impact investor, Rotem Shneor, an associate professor, and Michael Monari, CEO of Longitude Finance.

“Among topics to be tackled during the training are financial literacy, book keeping and accounting, compliance and personal finance management,” commented Mr Monari.

Share

Featured Articles

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM

Sustainability