Apply Now: SIA Startup Foundry Application Portal for $10,000 Seed Fund
Wednesday 22 November 2023
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In a groundbreaking collaboration, Sola and Ibukun Adeyinka, visionaries behind the SIA Foundation, join forces with the Metropolitan School of Business and Management UK (MSBM UK) to introduce the transformative SIA Startup Foundry.
More than just a funding opportunity, this innovative incubator program is a holistic platform offering extensive training and mentorship, dedicated to nurturing the growth of early-stage startups amidst Africa's thriving entrepreneurial spirit.
Designed to reshape the business landscape, the SIA Startup Foundry is set to empower 40 startups over six months, providing a seed fund of $10,000 at its core to scale the operations of five outstanding ventures. Going beyond financial backing, the program includes world-class training by MSBM UK in collaboration with the foundation, ensuring participants receive top-tier guidance and education. CONTINUE READING....
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Mentorship stands as a cornerstone, offering participants insights from seasoned industry experts to navigate the complexities of their startup journey. The program also facilitates networking, learning, and growth, connecting entrepreneurs with some of the brightest minds in the business. A highlight is the Demo Day, providing participants with a platform to pitch their ideas to potential investors, showcasing their innovation and entrepreneurial spirit.
The eligibility criteria focus on technology-enabled businesses in sectors such as healthcare, education, agriculture, light manufacturing, renewable energy, and recycling. Startups operational for 1-2 years, led by founders aged 20-35, demonstrating scalability, market potential, and uniqueness are encouraged to apply.
Prospective participants can apply online until December 4th, presenting essential documents like business plans, bank statements, resumes, and regulatory ID cards. The SIA Startup Foundry, with lead sponsor Vale, is positioned to be a launchpad for Africa's emerging business leaders, offering a distinctive blend of financial support, training, and mentorship. CONTINUE READING...
This initiative underscores the SIA Foundation's commitment to nurturing the entrepreneurial drive in Africa. For ambitious entrepreneurs ready to elevate their startups, the SIA Startup Foundry is eagerly awaiting applications. For more information and to apply, visit https://siafdn.org.
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