Deadline: May 6, 2024
Applications are open for the Mastercard Foundation EdTech Fellowship 2024. The Mastercard Foundation EdTech Fellowship is a 3-year catalytic acceleration program designed to bridge the education gap for underserved young people in Ethiopia.
Reach for Change, in partnership with the Mastercard Foundation, will support the scaling of three cohorts, each comprising 12 EdTech enterprises, specifically targeting initiatives that enhance inclusive learning in Ethiopia. This support will be provided through coaching, funding, networking, and post-acceleration support for two years. Additionally, they will focus on cultivating cross-sector collaborations and enhancing Ethiopia’s national ecosystem and policy for EdTech products and solutions.
Benefits
- Coaching and investor advisory from key industry experts
- Group-based peer learning sessions with fellow EdTech entrepreneurs
- Access to science of learning courses from Carnegie Mellon University
- Visibility for your work through impactful storytelling
- Equity-free funding of USD $60,000 for each enterprise
Eligibility
- Applicants must be growth-stage oganisations, incorporated in Ethiopia, (co-)owned by an entrepreneur of Ethiopian nationality. A variety of legal forms will be considered: from non-profits to profitable companies.
- The entrepreneur must offer a new tech-based educational solution. It must have been implemented with the primary target group and running for at least 2 years. The organisation must be able to demonstrate the potential for impact by presenting results.
- The entrepreneur must have an ambition to scale the solution to a significant share of the target group and should have identified a potential way to do it. They are keen to support solutions that have the potential to reach 8,000 direct learners within one year of program participation.
- Applicants must be able to demonstrate that they are currently able to generate revenue and that they are committed to and on track to identify a sustainable business model, that will permit them to dedicate resources to pursue impact scaling.
- Applying organizations must have a diverse team that understands the local context to influence policy and systems change. A clear project owner who will be responsible for the scaling of the solution and will take part in all activities in the program is required.
Application
To apply, each candidate must fill out an online form in English, where they will have to describe the social problem, the solution they propose, and their enterprise capacity and needs. The application does not need to be completed in one go, but you do need to access it through the same link and the same device. The application must be submitted by 23:59 EAT on May 6, 2024. The 12 selected EdTech Fellows will be announced on May 21, 2024.
For more information, visit Mastercard Foundation EdTech Fellowship.
