New Investments
Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa
A new initiative, the Timbuktoo HealthTech Accelerator Program, is calling on visionary entrepreneurs and innovators across Africa to submit their groundbreaking ideas for transforming healthcare on the continent.
The program is seeking startups with scalable, defendable solutions that leverage technology to address critical healthcare challenges and contribute to the Sustainable Development Goals (SDGs).
The Timbuktoo HealthTech Accelerator Program aims to foster a thriving ecosystem of startups developing innovative solutions in areas such as AI-driven diagnostics, locally manufactured medical devices, and biotechnology tailored to African needs.
Criteria for Applicants:
- Technology-enabled solution: Startups must have a digital-first approach to their solutions.
- Contribution to SDGs: Solutions should align with and contribute to one or more of the UN SDGs.
- Scalability: Startups must have a clear path to growth and expansion.
- Defensibility: Startups should have a competitive advantage, such as intellectual property or domain expertise.
- Innovation: Startups must offer a novel approach to solving health challenges.
- Monetization strategy: Startups should have a clear plan for generating revenue.
Areas of Interest:
- Disease prevention
- Clinical preventive frameworks and community advocacy
- Vaccine and medicine production
- Medical robotics and automation
- Genomics
- Biomedical systems
- Patient care journey
- Pandemic/health emergencies management
- Malnutrition and stunting
Benefits for Selected Startups:
- Membership in the Timbuktoo HealthTech Hub ecosystem
- Mentorship from industry experts
- Equity-free funding of up to $100,000 USD
- Networking opportunities
- Access to investor networks
- Resources and support to accelerate growth
Application Process:
Interested startups can apply online at [https://forms.office.com/pages/responsepage.aspx?id=Xtvls0QpN0iZ9XSIrOVDGUX3Ay1r98ZLhR07OQNsAPxUMlNIMERKNjBMSFUwUktHUDM0UktWUjVPNy4u&origin=lprLink&route=shorturl] by October 6, 2024.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Proparco Backs Kenyan Healthtech Startup Tibu Health to Expand Affordable Care
French development finance institution Proparco has extended a new financing facility to Kenyan healthtech company Tibu Health, providing fresh capital to support the expansion of its primary healthcare network.
Egyptian-based logistics startup Trella raises $3.5 million for scaling
Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
Climate Fund Managers Approves $86.2m Financing for Water Infrastructure in Limpopo
Climate Fund Managers (CFM) has given the green light to a $86.2 million mezzanine debt commitment from its Climate Investor Two (CI2) facility to support the early phases of the Olifants Management Model Programme (OMMP) in South Africa’s Limpopo Province.