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AfriTech XYZ Innovation Prize For Early-stage Tech Companies – Win £1000 + More

AfriTech XYZ Innovation

The AfriTech XYZ Innovation Prize is calling for application from Africa’s best early-stage tech innovations. If you are in this category, this is a chance to win £1000 and more. You can apply now.

See Also: 100 Profitable business ideas to start now for aspiring entrepreneurs and investors.

About AfriTech XYZ Innovation Prize

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

AfriTech XYZ is a free to join, equity-free program for pre-seed (bootstrapping) and seed-stage (up to £20k) tech startups based in Africa. The programme is in partnership with Google, F6S, Lagos Innovates, BongoHive, iSpace Foundation, PYPR, Strand Sahara, and Academy London.

This time, the initiative is looking out for Africa’s best early-stage tech innovations, and they are putting their money where their mouth is.

Basically, the program will be in 2 stages and this include;

Stage 1 – AfriTech XYZ wants to know the headline about your organisation. From the provided information, they will select a shortlist to provide more information about your organisation. 

See Also: Enygma Ventures Shift Fund For Entrepreneurs Rebuilding The World – Apply Now

Stage 2 – They will ask for more information about your organisation, your team, and your development as a business so far. And, from this information, AfriTech will also shortlist those that will pitch LIVE to a global audience. 

Then, the winner will receive £1000 cash, and the finalists will receive $3,000 in Google Cloud Credits and $10,000 in AWS credits including entry into the AfriTech Virtual Accelerator.

Criteria

You are eligible to apply if your business is;

  1. Up to 5 years active
  2. Must be incorporated
  3. Majority of your team schooled in Africa
  4. Must have at least 1 woman in your senior leadership team
  5. Must not have received more than £50K investment
  6. Also, must have a working prototype
  7. Must have an active customer base

See Also: IKapture Award 2020 For 25 Under 25 Young Leaders Changing The Game In Nigeria

The deadline for application is September 30, 2020. So, if you meet up the eligibility criteria, you can apply for the Afritech XYZ Innovation Prize using this link; https://doitnownow.typeform.com/to/AhwqGMuC

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