Village Capital- Fintech Africa 2016 For Entrepreneurs in Africa (US $50,000 Capital Investment Fund)

Village Capital- Fintech Africa 2016 For Entrepreneurs in Africa (US $50,000 Capital Investment Fund)

Deadline: September 20, 2016

Village Capital, The MasterCard Foundation, and the DOEN Foundation are seeking to identify and support the next generation of fintech entrepreneurs in Sub-Saharan Africa. These entrepreneurs are innovating in financial technology to increase financial health and improve livelihoods for low-income populations. Examples of this type of initiative include:

  • Increasing the access, relevance, and affordability of savings, credit, payments, and insurance products through leveraging data analytics, blockchain technology, and digital identity verification;
  • Increasing efficiency in supply chains and distribution channels across sectors through better market access, increased price transparency, increased connections to new suppliers, and access to other decision-driving market information; and/or
  • Enhancing livelihoods of low-income small business owners through tools for value-chain tracking, smart logistics, business insurance, working-capital loans, and financial management tools to better handle risk and volatility

Program Dates:

  • Workshop 1: December 7-10
  • Workshop 2:  January 24-27
  • Workshop 3: February 28-03

At the end of the program, the top two ventures, as selected by their peers in the cohort, will receive an offer of US $50,000 in pre-committed capital investment from VilCap Investments

How to Apply

Applications will be reviewed on a rolling basis, and those that apply earlier will have greater chances of being selected! Apply early.

  • You apply by registering and creating a company profile on VC4 Africa
  • Complete and submit online application here.
  • This is a platform that brings together startups and investors

If you have any questions, please contact Michael Kamande at michael.kamande@vilcap.com

For more information, visit Fintech Africa 2016.

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