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Bosch & Founders Factory to inject $30,000 into Africa’s Smart Mobility Startups

Milcah Lukhanyu by Milcah Lukhanyu
1 year ago
in Startups
4 min read
0

Bosch Africa and Founders Factory, have launched a smart mobility challenge targeting Africa’s top startups in the sector.

The two firms are looking for ten smart mobility startups operating from across Africa to pitch and stand a chance to win a share of a cash prize of $30,000 and join a Bosch accelerator programme.

According to Roo Rogers, CEO of Founders Factory Africa: “We are incredibly proud to be selected and trusted by Bosch. There are enormous opportunities within the mobility and transportation space in Africa, and a rising number of exciting businesses that are solving challenges in this sector. We are happy to be able to showcase some of these through our collaboration with Bosch.”

The 10 early-to-growth stage start-ups should be in connectivity and IoT solutions, vehicle renting and ride sharing, city infrastructure, logistics and distribution, clean energy and electric vehicles, and insurance and data tracking systems.

The top ten finalists will showcase their smart mobility solutions in Johannesburg, South Africa on 4 November 2019. Bosch will give them technology and product design support, access to data and analytics as well as access to its network of customers and piloting and testing facilities.

“This exciting initiative enables us to showcase Smart Mobility innovation across Africa. We are looking forward to selecting and potentially collaborating with businesses that align with Bosch Mobility Solutions’ strategic focus areas, so that the company assets could help the start-ups to ramp up productivity of the business.” said Yves Nono, Vice President – Mobility Solutions, Sales Region Africa at Robert Bosch Ltd.

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Digital entries will only be accepted here foundersfactory.com/africa/bosch

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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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