500 Global, one of many world’s most energetic enterprise capital companies1, at present introduced the launch of their first founder packages in Nairobi, in collaboration with the United Nations Growth Programme (UNDP), to help the pan-African ecosystem2.
Nairobi will function host for 3 packages run by 500 World in partnership with UNDP this 12 months. The packages are co-designed to help startups at each stage—from early to progress—by providing tailor-made acceleration packages acceptable to every startup’s stage of maturity. The primary program, the Pre-Acceleration Academy, will help founders on the earliest stage of their journey by an in-person program working October 6 – twelfth. The second program, the Sustainable Innovation Seed Accelerator, will present help for seed-stage founders who’re growing sustainable innovation options.
The third program, 500 World’s Bootcamp for Accelerator Managers, is designed to upskill accelerator managers and incubators inside UNDP’s timbuktoo initiative, who’re dedicated to advancing innovation throughout Africa. The three packages goal to help continued ecosystem growth whereas broadening alternatives to spend money on African founders throughout the continent.
500 World’s Africa management goals to work with founders, traders, and establishments like UNDP, to develop into a extra energetic participant inside the African innovation ecosystem.
“With the launch of those packages, we’re excited for 500 World to deepen our work with African entrepreneurs and to assist them adapt to this new international panorama. We’re trying ahead to working intently with companions like UNDP throughout the continent to offer the infrastructure for sustained innovation and progress. ” – Mareme Dieng, Companion, 500 World
Collectively, 500 World and UNDP hope to offer African founders the insights and experience to navigate the evolving international panorama and capitalize on alternatives to scale, by offering help, mentorship, in addition to their international community of sources.
“At UNDP, we consider that Africa’s future lies within the ingenuity of its individuals. By this partnership with 500 World, we aren’t simply investing in startups, we’re investing in innovators driving Africa’s sustainable transformation. By equipping entrepreneurs with the instruments, networks, and mentorship they want, we’re constructing a resilient ecosystem that may energy inclusive progress and ship on the promise of the Sustainable Growth Objectives”, stated Ahunna Eziakonwa, Assistant UN Secretary Common and Director of UNDP Regional Bureau for Africa.
Functions are open for all three packages. Founders can be taught extra and apply by the Pre-Acceleration Academy and Sustainable Innovation Accelerator Program pages.