Empowering African EdTech Startups | $100,000 Funding
The CcHub-Mastercard Foundation EdTech Fellowship Program is a groundbreaking initiative aimed at empowering African edtech startups to design innovative tools that improve learning outcomes and expand access to quality education across the continent.
Startups selected for this program will receive up to $100,000 in funding, mentorship from industry experts, exposure to a wide investor network, and access to strategic resources to scale their solutions.
Fellowship Summary
Host Organizations: Mastercard Foundation and CcHub
Category: Fellowships
Eligible Countries: African Countries (Startups must be incorporated in Nigeria)
Reward:
$100,000 in funding (equity-free)
Mentorship from multidisciplinary experts
Access to investors
Special deals and discounts from partnered service providers
Tailored marketing strategy support
Application Deadline: January 31, 2025
Program Details
The partnership between CcHub and the Mastercard Foundation focuses on accelerating access to equitable, high-quality education through edtech innovations. The program aims to foster impactful solutions that address challenges in K-12 education, tertiary education, and vocational skills training in Africa.
Eligibility Requirements
To qualify for the CcHub Mastercard Foundation EdTech Fellowship, startups must meet the following criteria:
1. African Focus: Startups must be based and incorporated in Nigeria.
2. Education-Focused Solutions: Solutions must address challenges in areas such as:
Education access
Student learning
School management
Teacher or trainer effectiveness
3. Verifiable Users: Solutions must already have users and measurable impact.
4. Team Composition: Teams must be balanced, passionate about education, and strongly encouraged to include female founders.
Fellowship Benefits
Selected startups will enjoy the following:
Equity-Free Funding: Up to $100,000 during the accelerator program.
Expert Support: Access to design, product, and technology optimization experts.
Investor Network: Exposure to investors to help scale products and solutions.
Special Offers: Discounts and deals from partnered tools and services.
Marketing Strategy: Customized marketing support to achieve product-market fit.
Selection Criteria
Applications will be assessed based on:
1. Alignment: How well the edtech solution aligns with the program’s focus areas.
2. Impact: Demonstrated user engagement and measurable results of the solution.
3. Team Expertise: The passion, experience, and balance of the team.
4. Scalability: Commitment to growth and innovation in addressing educational challenges.
How to Apply
Interested startups should follow the steps below to apply:
1. Visit the official application portal by Clicking Here.
2. Fill out the required application form.
3. Submit the form before January 31, 2025.