African women-led tech startups looking to apply to join GreenHouse Capital — one of Nigeria’s first-female focused tech accelerators — have just under three days to submit entries. Applications close on Friday (20 July).
The three-month acceleration programme is run by Lagos-based venture capital (VC) firm GreenHouse Capital. The programme is also open to US or UK-based startups run by African woman-founders which have products that are scalable in African markets.
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To qualify for the programme startups must have at least one female member on their founding or leadership team.
Those startups selected will receive a minimum of $100 000 investment on reaching specific programme milestones, office space at Vibranium Valley in Lagos, as well as access to a global network of mentors and investors.
On meeting milestones in the female-focused programme, selected startups will receive a minimum investment of $100 000
Participating startups are expected to commit to moving to Lagos for the duration of the programme which kicks off next month and will conclude with a demo day and Investment in November.
Topics to be covered by the programme include product development, market segmentation, fundraising, human capital and marketing.
To apply, startups must have a venture profile on the VC4Africa platform, and at least one female member must be part of the startup’s founding or leadership team.
In addition, applicants must meet the following criteria:
- Startups must have identified a critical need in Africa and built an effective, sustainable and scalable solution.
- They must be passionate about their chosen vertical and demonstrate the necessary commitment to building the company of their dreams.
- They must have a team consisting of at least two members including one technical member.
- They must have developed, at a minimum, a beta-product and be in the process of refining a go-to-market strategy, building out sales channels and generating revenue.
Featured image: Three women pictured at a women in tech initiative held in the US in 2016 (WOCinTech Chat via Flickr CC BY 2,0)
