Injini EdTech Incubator Programme 2018 (Fully-funded to Cape Town + $50K Investment)
Deadline: April 3, 2018
Applications are open for the Injini’s EdTech Incubator Programme 2018. Injini is the first EdTech dedicated incubator programme on the African continent. It is the only opportunity for EdTech entrepreneurs based anywhere in Africa to get industry specialist mentoring, support, scale up and funding introductions, and early stage funding.
Injini’s philosophy is that they need ideas that scale rapidly to solve Africa’s education problems and seize its opportunities. So if your aim is to bring your innovation across the continent and then the world, you will be working with a like-minded team and leveraging relationships and resources aimed at achieving huge scale fast.
Joining the programme will give you access to a unique network — not only those Injini knows across the continent and world but your fellow cohort members. Each year, 16 entrepreneurs and teams will come through the programme creating a powerful network for accessing expertise and scale and funding opportunities.
Cost & Benefits
- Full cost of travel to and from Cape Town for all entrepreneurs and teams will be covered. Accommodation will be provided for those that need it;
- Unlike any other incubator or accelerator in Africa, their programme will involve a focus on the science of education and trialling and refining ideas in education settings, including working with leading academic partners.
- Each cohort member will get the technical support — such as a junior developer or game designer — they need to develop or build their idea. This is outside the direct funding and will come with project management and quality assurance support;
- You will get access to a unique network — not only those we know across the continent and world but your fellow cohort members. Each year, 16 entrepreneurs and teams will come through their programme creating a powerful network for accessing expertise and scale and funding opportunities.
- Each cohort will be given up to R600k (~$50k) of funding.
In return, they will take 9% (post revenue companies) to 15% (pre product companies) equity in the main/parent company. Please do not accept a place if you don’t want to give up 9% equity or only want to do it in a local division.
- Open to EdTech for profit companies based in or focused on any African country.
- They are looking at for profit businesses, focused on Africa and on as broad a section of the population as possible (especially low income), that address learning from early years to adults using technology.
- They want innovative but effective approaches that can scale quickly.
- They want tech used because evidence shows it can improve the quality of or extend access to education, not for the sake of using tech.
Applicants fill in a short application form that will be live from 1 March to 3 April 2018. Around 20 successful applicants will go through their due diligence process, including providing a short video by 16th April. The top 15 will pitch to their selection panel for the remaining 8 places.
For more information, visit Injini’s EdTech Incubator.