Seedstars and Shell Foundation with support from the UK Foreign, Commonwealth & Development Office (FCDO), are launching the Energy, Mobility and Agriculture Innovation Program to find African tech entrepreneurs in the mobility, transportation, energy, and agriculture space.
Seedstars and Shell Foundation will provide them with the resources, training, and potential funding to scale their startups and impact.
Interested applicants can sign up here before Dec 20th: https://seedsta.rs/3meCEG1
The objective of this program is to support, catalyse and train tech-based early stage (seed)African-led startups working towards universal access to energy, clean and safe transportation in rural areas, and last-mile transportation or innovations that improve access to knowledge, finance, markets or knowledge for smallholder farmers.
Selected startups will be able to take part in Seedstars’ three-month Investment Readiness Program, which will provide the entrepreneurs with 1-on-1 mentoring with industry experts, potential funding opportunities, and leverage human and knowledge resources available within Shell Foundation.
“Start-ups have immense potential to solve Africa’s biggest development challenges and local African entrepreneurs are uniquely positioned to develop these solutions. We are excited to collaborate with Seedstars to identify and support some of the most promising African-led start-ups that will scale these solutions and improve millions of lives across the continent over time” Tara Collier, Market Development Manager, Shell Foundation.
To be accepted, startups should be African-led and based or operating in at least one Sub-Saharan African country and must be focused on the mobility, transportation, energy, or agriculture value chains and at their early stage/seed round with a minimum viable product (MVP).
The startups should have initial traction and able to generate revenue. They must have raised only less than $1M to date and have significant positive impact on lower-income communities (in line with SDGs 2, 7 or 11).
