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...
EIB Joins AFC in $750 Million Infrastructure Climate Resilient Fund to Boost Africa’s Climate Adaptation
The European Investment Bank (EIB) has officially joined forces with the Africa Finance Corporation (AFC) in financing the $750 million Infrastructure Climate Resilient Fund (ICRF), a major initiative aimed at accelerating climate adaptation and sustainable infrastructure development across Africa.
KCB Bank Secures $100 Million from BII to Boost Climate and Women-Led Business Financing
KCB Bank Kenya has received a significant financial boost from British International Investment (BII), securing a $100 million Tier 2 capital facility aimed at expanding lending to climate-related initiatives and women-owned businesses.
Swedfund Invests $5 Million in Ivory Coast’s Bridge Bank Microfinance to Support Women-Led Businesses
Swedfund, a Swedish development finance institution (DFI), has partnered with African credit fund BluePeak Private Capital Fund to invest $5 million in Bridge Bank Microfinance (BBM), a subsidiary of West Africa-based Teyliom Finance.