NBA Africa has launched a continent-based startup accelerator focused on early-stage African startups.
The Triple-Double: NBA Africa Startup Accelerator, run by tech incubator ALX Ventures, aims to support African tech entrepreneurs in the sports and creative industries with mentorship and capital. The accelerator is part of President Biden’s “Digital Transformation with Africa” initiative and the U.S. Department of Commerce’s Africa Strategy.
Ten selected startups will receive mentorship from NBA Africa, ALX and other stakeholders, who will provide advice focused on product development, business growth and go-to-market strategy.
A demo day hosted by NBA Africa will take place in New York in September 2024, during which participating companies will present their products to a panel of business leaders from around the world. Four winning companies will then be selected to receive financial support, mentoring and the opportunity to work with NBA Africa and the Basketball Africa League on their current and future initiatives on the continent.
The eligibility criteria are as follows:
1- Operations based in Africa,
2- Alignment of the product with one of the five categories of startups in the sports and creative space: event management and ticketing, youth development, AI and digital marketing in the sports and creative industries ,
3- Proven demand for the product and/or service through a significant customer base and/or turnover, and
4- Demonstrable impact and/or relevance for the African continent as a whole.
Interested startups must demonstrate this by completing an application before May 22, 2024 at the following link:
Apply
Good luck
2024-04-30 18:20:13
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