Applications have opened for the Barclays Accelerator program, fueled by Techstars, an activity aimed at revealing the following M-Pesa or Paypal by working with extraordinary fintech business visionaries improving Africa’s budgetary administrations industry.
Application Deadline: fifth February, 2017
Qualified Countries: African nations
To be taken at (nation): Cape Town, South Africa. The picked new businesses will likewise have the capacity to influence Barclays Techstars Accelerator program workplaces in London, New York and Tel Aviv
About the Award:
The Barclays Accelerator Powered by Techstars is a three month concentrated startup quickening agent concentrated on developments in money related administrations. This association amongst Barclays and Techstars unites two worldwide systems into one quickening agent program that offers business visionaries exceptional get to a world driving bank as well as to Techstars’ guide and financial specialist connections crosswise over 13 areas.
This joint effort between Barclays Africa and Techstars offers a diversion changing chance to 10 qualifying fintech new companies, which will participate in a 13-week program starting in May one year from now, based out of the Rise fintech advancement center in Woodstock, Cape Town.
The Barclays Accelerator first came to Africa toward the start of this current year and was a critical accomplishment, with Barclays Africa consenting to introductory joint effort arrangements with 7 of the 10 new companies that were a piece of the program.
Yasaman Hadjibashi, driving the advancement plan for the bank says: “Africa has huge undiscovered potential to not just pioneer its own particular innovative answers for its one of a kind settings however to likewise make arrangements that whatever remains of the world can receive for their own particular settings.”
As per the Disrupt Africa African Startups Funding Report 2015, 29% of interest in African tech new companies goes to those concentrated on fintech, recommending a significant open door for creative ventures in the part.
Choice Criteria: The Barclays Accelerator is searching for awesome authors with thoughts that tackle genuine issues or make significant developments. For us, it’s about the group and on account of this, we’re less inclined to acknowledge single originator organizations. The best things you can do to reinforce your application are:
Round out your group with business, specialized, and other important abilities.
Gain ground on your model or item and reference it in the application.
Demonstrate us you’ve truly contemplated your business and have really made a move.
Your group must be equipped for planning your answer and be prepared to dispatch before the end of the 13-week program. We are searching for great groups with a capacity to execute.
Number of Awardees: 10
Estimation of Program: Selected new businesses will be given the chance to enter or grow their nearness in the African commercial center by means of Barclays Africa Group’s client, item, and innovation groups. Utilizing the worldwide impression of Rise, the chose new businesses will likewise have the opportunity to scale all inclusive through Rise destinations in London, New York, Mumbai, Tel Aviv and Vilnius. The Accelerator offers organizations leeway over others by giving a demonstrated educational modules, and deep rooted access to the Techstars worldwide system of coaches, speculators and financial speculators.
Length of Program: 3 months. The Cape Town 2017 quickening agent program will begin at RISE Cape Town on May ninth 2017. The program finishes on Demo Day on August second, 2017.
The most effective method to Apply: Fintech organizations can apply here: https://www.f6s.com/barclaysaccelerator-africa by February fifth, 2017 for this chance to take their challenge higher than ever. In the event that you’d get a kick out of the chance to discover all the more, please visit: http://www.barclaysaccelerator.com/#/cape-town/or contact email@example.com
Visit Program Webpage for points of interest
Grant Provider: Barclays Africa, Techstars