Applications have opened for the Barclays Accelerator program, controlled by Techstars, an activity that went for revealing following M-Pesa or Paypal by working with uncommon fintech business visionaries developing 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 serious startup quickening agent concentrated on developments in budgetary administrations. This association amongst Barclays and Techstars unites two worldwide systems into one quickening agent program that offers business visionaries extraordinary get to a world driving bank as well as to Techstars’ coach and financial specialist connections crosswise over 13 areas.
This joint effort between Barclays Africa and Techstars offers an amusement 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 development center point 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 cooperation arrangements with 7 of the 10 new companies that were a piece of the program.
Yasaman Hadjibashi, driving the development motivation for the bank says: “Africa has colossal undiscovered potential to not just pioneer its own particular innovative answers for its one of a kind settings yet to likewise make arrangements that whatever remains of the world can embrace for their own particular settings.”
As per the Disrupt Africa African Startups Funding Report 2015, 29% of interest in African tech new businesses goes to those concentrated on fintech, proposing a significant open door for creative ventures in the segment.
Determination Criteria: The Barclays Accelerator is searching for extraordinary organizers with thoughts that tackle genuine issues or make significant developments. For us, it’s about the group and in light of this, we’re more averse 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 fundamental aptitudes.
Gain ground on your model or item and reference it in the application.
Indicate us you’ve truly considered your business and have really made a move.
Your group must be fit for planning your answer and be prepared to dispatch before the end of the 13-week program. We are searching for amazing groups with a capacity to execute.
Number of Awardees: 10
Estimation of Program: Selected new businesses will be given the chance to enter or extend their nearness in the African commercial center through Barclays Africa Group’s client, item, and innovation groups. Utilizing the worldwide impression of Rise, the chose new companies will likewise have the opportunity to scale comprehensively through Rise locales in London, New York, Mumbai, Tel Aviv and Vilnius. The Accelerator offers organizations preference over others by giving a demonstrated educational programs, and long lasting access to the Techstars worldwide system of guides, financial specialists and investors.
Term of Program: 3 months. The Cape Town 2017 quickening agent program will start at RISE Cape Town on May ninth 2017. The program comes full circle on Demo Day on August second, 2017.
Instructions to Apply: Fintech organizations can apply here: https://www.f6s.com/barclaysaccelerator-africa by February fifth, 2017 for this chance to take their dare higher than ever. On the off chance that you’d jump at the chance to discover all the more, please visit: http://www.barclaysaccelerator.com/#/cape-town/or contact firstname.lastname@example.org
Visit Program Webpage for subtle element
Grant Provider: Barclays Africa, Techstars