CcHub and Mastercard Foundation are partnering to empower edtech startups who are building tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation.
About MasterCard Foundation
The Mastercard Foundation is an international non-governmental organization established by Mastercard in 2006. The organization, which is based in Toronto, Ontario, has supported work in 49 countries.In 2018, Mastercard Foundation shifted to a specific focus on Africa, through its Young Africa Works strategy. The foundation develops programs primarily focused on reducing gender and economic inequality, expanding access to quality education, increasing the opportunities for decent work, and supporting overall economic growth.Funding is primaril... read more
EdTech Accelerator Program
| Application Deadline | 17 Feb 2024 |
| Country to study | Nigeria |
| Type | Entrepreneurs |
| Sponsor | MasterCard Foundation |
| Gender | Men and Women |
Aim and Benefits of EdTech Accelerator Program
CcHub and Mastercard Foundation are partnering to empower edtech startups who are building tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation. Startups that make it into our accelerator programme enjoy the following benefits.
- Equity Free Funding: Qualified startups are entitled to $100k in equity free funding over the course of the accelerator programme
- Support & Mentoring: Startups can tap into our multidisciplinary experts for design, product, and tech optimization.
- Investor Network: Startups, through this programme would be exposed to investors to help scale their products
- Support & Mentoring: Startups can tap into our multidisciplinary experts for design, product, and tech optimization.
- Support & Mentoring: Startups can tap into our multidisciplinary experts for design, product, and tech optimization.
Requirements for EdTech Accelerator Program Qualification
Is your Edtech Startup Eligible?
Startups must be Africa focused and incorporated in Nigeria. They should be building solutions that address challenges across K-12, tertiary education and vocational skills training.
Your Edtech Solution must posses these two qualities:
- EdTech Solution Based: Must have verifiable users aligned with our accelerator’s focus: education access, student learning, school management, and teacher/trainer effectiveness.
- Inclusive Teams: Applicants should have a balanced team, passionate about education. Female founders of EdTech solution companies are strongly encouraged to apply
Interview date, Process and Venue for EdTech Accelerator Program
Selection
Interested innovators are to apply below. In this stage, the Edtech solutions will be assessed on the following criteria
- Problem/Solution Fit
- Founder Potential
- Business Model Fit
- Traction
Selected EdTech solutions from the first stage will be assessed based on the following criteria
- Scalability
- Long-term
- Plan/Vision
- Competitive Advantage
- Team Potential
The final stage will be an interview with applicants who have successfully gone through the assessment stage. A final selection will then be made, subject to due diligence.
Application Deadline
February 17, 2024How to Apply
Interested and qualified? Go to MasterCard Foundation on form.typeform.com to applyFor more details, visit Cc-Hub website.
