Seedstars calls on startups to apply to Tanzania accelerator and receive $25k each

Seedstars — the Swiss-based organisation that that assists tech startups in emerging markets — has put out a final call for startups to join its three-month Seedstars Accelerator Tanzania programme, which kicks off next month in Dar es Salaam.

Applications for the three-month sector-agnostic acceleration programme close on Sunday (18 August). Successful applicants will each receive investments of $25 000.

The accelerator is an initiative of Seedstars and is supported by the Dutch Good Growth Fund’s (DGGF) Seed Capital and Business Development facility.

The programme will take place between 9 September and 30 November.

Applications for the Seedstars Accelerator Tanzania will close this Sunday (18 August)

Seedstars said in a post on Facebook yesterday (15 August) that between 10 and 12 startups will be selected for the programme.

The programme is driven by lean growth methodologies designed to help startups scale faster in addition to reaching their next investment milestones quicker.

Seedstars is looking for startups with a strong founding team, as well as regional and international stability.

In addition, to be selected for the accelerator, startups must be first time entrepreneurs between the ages of 20 and have a functional prototype or minimum viable product (MVP)

Startups selected for the programme will benefit from access to local and international mentors, guided workshops, one-on-one sesions, introductions to business and investor networks, as well as targeted training and assistance.

In addition, startups that take part in the accelerator will be provided with free office space at Seedspace Dar es Salaam for the duration of the programme.

Moreover, programme participants stand to benefit from increased investment readiness and the opportunity to receive funding from the accelerator’s partners.

Featured image: Seedstars via Facebook