Zimbabwe government opens applications for $25-million tech fund

Zimbabwe’s telecoms regulator, Potraz, has launched a call for tech entrepreneurs and innovators to apply to a $25-million government tech fund.

TechZim reported the launch on Wednesday, with Potraz managing the fund.

The ICT Innovation Drive fund was announced last year by the Ministry of ICT, Portal and Courier Services.

A statement issued by Portraz calls for “ICT innovators, startups or entrepreneurs with a brilliant innovation or solution” to apply to send their proposal for funding, together with financial projections and a budget for consideration to innovationdrive@potraz.gov.zw by 30 May.

The statement did not say how many applicants Potraz intends to fund or what the maximum amount is that each applicant can access.

The spokesperson of Potraz and the permanent secretary at the ICT, Postal and Courier Services ministry were not immediately available for comment.