m:lab East Africa’s Mobile Impact Ventures Program (“MIVP”), is an accelerator program funded by the Rockefeller and Tony Elumelu Foundations, through the Global Impact Investment Network’s (“GIIN”) Africa Impact Economy Innovations Fund (“IEIF”) to help build innovative solutions in agriculture, health & water and education.
For 3 months, the program aims to support social ventures scale their ventures’ business models, technology, and customer development through intensive business masters classes, coaching with business experts and mentoring with sector specialists as well as meetups with domain practitioners for knowledge exchange and to build the ventures’ social capital.
With small cash investments ($5,000) and a promise to assist graduates to raise impact investments according to their traction, the tailor made acceleration process also offers needs based coaching and training on mobile technologies to help the ventures on user experience and graphics designs for their products.
According to m:lab East Africa, it seeks to enhance its existing pool of mentors and is looking for mentors, entrepreneurs or investors with a 10+ years professional experience in any of the program’s focus sectors and willing to share insights on their success or failure experiences with impact focussed entrepreneurs. The mentors will only give cummulatively 2-3 hours per month of virtual or physical meetings with venture founders. .
