Microsoft 4Afrika is set to give a grant to seven new African startups in a move to help the startups scale cross borders and influence the next generation of developers and entrepreneurs in Africa.
Apart from the financial backing, Microsoft will also provide technical support and one-on-one mentorship to help these startups develop their businesses.
Set to be announced on September 30 in Nairobi, the startups will be part of Microsoft 4Afrika Advisory Council meeting which brings together a selection of Africa’s top leaders from various industries to discuss issues such as youth unemployment, innovation and entrepreneurship. This will be the second round of innovation grants awarded after five startups were selected in February this year.
The 4Afrika Initiative focuses on three critical areas of development for the continent – World-class skills, Access and Innovation.
Each of these focuses on different aspects that will help empower African youth, entrepreneurs, developers and business and civic leaders to turn great ideas into a reality that can help their community, their country, the continent, and beyond.