To qualify for DEMO Africa 2015, start-ups must ensure that their products are scalable [so disruptive ideas are welcome], have the ability to impact the marketplace of introduction, a clear business plan and a team capable of delivering the product. The product must be ready for launch and the business must be legally registered.
The application window will remain open from March till the end of May, followed by all the qualifying applications being taken through an vetting process after which the top thirty will be invited to pitch on the DEMO Africa stage in September during the DEMO Africa event in Lagos, Nigeria.
The 12 application categories are:
– Media and entertainment,
– Transport and Logistics,
– Finance and Banking,
– Water and Sanitation,
– Waste Management and recycling.
The applications will be vetted by an executive panel comprising experts in business and tech. The best thirty start-ups will have a chance to launch their products to an ecosystem of VCs, investors, tech acquisition specialists, IT buyers and media from across the region and around the globe.
Last year, DEMO Africa presented 6 start-ups with a chance to tour the Silicon Valley to meet mentors and share with peers. These included; SpacePointe – Nigeria, Chura – Kenya, Nerve – Nigeria, Paysail – Ghana, Jifunza – Rwanda and Saisai-Zimbabwe. Recently, participants in VC4Africa research indicated they successfully raised USD 27 million, many of them being DEMO alumni.
On January 27, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship.
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Listen to Built in Africa, a podcast by Techpoint Africa
Woman in Tech. Taking the African tech space, one step after another.
Send tips, Press Releases and your thoughts to [email protected]