The Recovery and Resilience Innovation Challenge aims at finding, supporting, and amplifying innovative market-ready solutions that are contributing to the revitalization of the Tanzanian economy and social welfare. The challenge, funded by Human Development Innovation Fund(HDIF), Embassy of the Kingdom of the Netherlands in Tanzania, and United Nations Development Programme(UNDP) will help selected startups to develop strategies for shock absorption in the case of unforeseen events in the future.
Submission Criteria
The Recovery and Resilience Innovation Challenge are looking for ventures that are using innovation to address gaps observed during the COVID-19 crisis and present solutions that will make them and the sector they operate in more resilient to future crisis.
- Demostrate both technical and financial viability in the long run.
- Functional Prototype or Minimum Viable Product.
- Strong business model that is replicable and scalable.
- Competent Founding team.
Beefits
Tailored Program
This equity-free program provides you with tailored content aimed at a 360 review of your business, a product-market fit analysis and preparation for growth foundations.
Global Network
Thanks to a wide combined network of Seedstars and Ndoto Hub in 60+ emerging markets, you will be able to build relationships and partnerships beyond borders.
Expertise & Support
You will receive all the tools and know-how to boost your business growth as well as prepare for the next fundraising round and international expansion.
Monetary Prize
The winners of the bootcamp will be given access to the follow-on mentorship program as well as receive a monetary prize of up to $10,000 cash per startup.
Timeline
Call for Applications : 16th Nov – 31st Dec 20202
5-day Bootcamp Training 18th Jan – 22nd Jan 20213
Mentorship Program 25th Jan – 25th Apr 2021
For More Information:
Visit the Official Webpage of the Recovery and Resilience Innovation Challenge 2020/2021
www.opportunitiesforafricans.com
