On August 21th, 2016, up to 12 of Ghana’s best seed stage startups will compete to represent the country at the Seedstars Summit and win up to USD 1.5 million in equity investment prizes.
The startups selected to compete at the Seedstars Accra event need to be less than 2 years old, have raised less than USD 500,000 in funding and have built a minimum viable product, ideally with existing traction and scalable nature. With a strong network of international partners such as Inmarsat, INADEM, Standard Bank and Deloitte, Seedstars World is looking for smart startups that solve regional issues and develop profitable products for the global market, to support their regional businesses and growth.
To provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Impact Hub will represent the initiative.
“Impact Hub Accra is at the center of an exciting and growing startup ecosystem in Ghana, we offer a wide range of opportunities for dynamic startups to grow and scale, such opportunities includes global partnership with organizations such as Seedstars” says Victor Ofoegbu, Community Manager at Impact Hub Accra.
“Accra has proved itself, time and again to be the leading innovation hub of the continent. The startups who participated on our event last year were phenomenal and we are very excited to come back this year, as we know for sure the bars have been raised and there will be even more amazing startups coming our way.” says Selam Kebede, Associate for Africa.
Further support is provided by international partners, such as the Jacobs Foundation, to bring the “Transforming Education Prize” (TRECC), which will award the best startup in the education space from around the world with a prize of over USD 50,000.
The startup that wins this competition is invited to compete at the Seedstars Summit that annually takes place in Switzerland. Ghana was previously represented by Asoriba, a web based church management application designed to enable effective church administration for leaders with seamless engagement for members.
Applications for the Seedstars World event are open now and startups that wish to compete can apply here.