Home Call for Applications Travel Tech for Good Accelerator East Africa Programme 2020 for young Entrepreneurs ( 3-month equity-free support)

Travel Tech for Good Accelerator East Africa Programme 2020 for young Entrepreneurs ( 3-month equity-free support)

by OFA

Application Deadline:9 February 2020, 10PM (EAT)

The Travel Tech for Good Accelerator powered by TUI Care Foundation and enpact e.V, supported by UNWTO, is 3-month support for entrepreneurs, during which local and international mentors help you shape your business model, research potential investors and clients, and bring your elevator pitch to the next level. 6 start-ups are selected to participate in an intensive acceleration programme, which will take place in three hubs across East Africa.

Boosting purpose-driven business development and improving the pitches will be at the core of the accelerator. Local and international mentors alongside a network of tourism professionals will advise the entrepreneurs and their team throughout the acceleration phase.

The programme ends with a Demo Day, where the founders pitch the results in front of an international jury. The winner will receive a cash reward and, importantly, access to East African ecosystems and an international network of supporters and experts. The programme targets startups with business models that have a social or environmental mission and hence are dedicated to positive change in their society.

Requirements

Three months founder support programme,

  • Including one week of intensive startup acceleration modules per month in different locations across East Africa (locations tbd)
  • Additionally one week boot camp with international mentors and experts from TUI Business and Care Foundation
  • One Demo Day in Nairobi, Kenya
  • Travel expenses for one founder will be covered per startup
  • Two dedicated mentors per startup
  • Remote international support over the full programme period

Timeline

  1. Application Deadline: 9 February 2020, 10PM (EAT)
  2. Short listed startups will be contacted for further evaluation
  3. June 1st week: on-boarding plus workshops
  4. June 3rd week: Boot camp
  5. July 3rd week: workshops
  6. August: Pitch training and investor readiness
  7. End of August: Demo day and global conference, Nairobi, Kenya


The programme
 is financed by TUI Care Foundation and therefore does not take equity, the selected startups will benefit from speaking opportunities in front of a variety of internationally established stakeholders and mentors. Moreover, the teams are assigned a personal advisory network of relevant experts to help founders refine pitches, acquire new customers and make connections to investors and potential clients.

For More Information:

Visit the Official Webpage of the Travel Tech for Good Accelerator East Africa Program 2020

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