{"id":23664,"date":"2024-08-29T14:19:57","date_gmt":"2024-08-29T14:19:57","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=23664"},"modified":"2024-08-29T14:20:00","modified_gmt":"2024-08-29T14:20:00","slug":"call-for-applications-undp-timbuktoo-healthtech-startup-accelerator-program-2024-up-to-100000","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/call-for-applications-undp-timbuktoo-healthtech-startup-accelerator-program-2024-up-to-100000\/","title":{"rendered":"Call For Applications: UNDP timbuktoo HealthTech Startup Accelerator Program 2024 (up to $100,000)"},"content":{"rendered":"\n<p>Are you a visionary HealthTech entrepreneur\/innovator with a groundbreaking idea to transform healthcare in Africa and committed to leveraging innovation to contribute towards the Sustainable Development Goals (SDGs)? Do you have a scalable, defendable solution with clear monetization strategies?&nbsp;Apply now to join&nbsp;the&nbsp;UNDP timbuktoo HealthTech Startup Accelerator Programme 2024.<\/p>\n\n\n\n<p>Africa\u2019s HealthTech landscape presents both challenges and opportunities, with a projected $11 billion digital health market by 2025. To address critical healthcare gaps, there\u2019s an urgent need to establish a robust HealthTech hub.<\/p>\n\n\n\n<p>This initiative aims to foster startups developing groundbreaking solutions in deep tech, hardware, and advanced technologies. Key areas include AI-driven diagnostics, locally manufactured medical devices, and biotechnology tailored to African needs. \u00a0The\u00a0hub can provide a foundation for building a flourishing full stack HealthTech industry.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Eligibility Criteria:<\/strong><\/h3>\n\n\n\n<p>Groundbreaking founders and innovators across Africa who are already building startups that meet the following criteria:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Startups with founders who are nationals of an African Country.<\/li>\n\n\n\n<li>Startups must be registered and operating within Africa.<\/li>\n\n\n\n<li>Startups must have been in operation for a minimum of one year.<\/li>\n\n\n\n<li>Startups must address development challenges.<\/li>\n\n\n\n<li>Must be a technology-based solution.<\/li>\n\n\n\n<li>Startups must have a\u00a0Minimum Viable Solution (MVS) (regulated and licenced if necessary).<\/li>\n\n\n\n<li>Startups should have existing corporate governance systems and accountability.<\/li>\n\n\n\n<li>This application is limited to citizens of the African Union member states.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Selection Criteria<\/strong>:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Technology-Enabled Solution: Your startup must have a technology-enabled solution at its core, utilising digital tools and platforms to drive innovation and efficiency in the financial sector.<\/li>\n\n\n\n<li>Contribution Towards the SDGs: Your solution should align with and contribute towards one or more of the United Nations Sustainable Development Goals, addressing pressing global challenges such as poverty, inequality, climate change, and more.<\/li>\n\n\n\n<li>High Scalability: Your startup should demonstrate high scalability either through digital distribution channels or the ability to scale sales rapidly across markets.<\/li>\n\n\n\n<li>Defensible Position: Your startup should have a defensible position, whether through Intellectual Property (IP) rights, network effects, domain expertise, or regional market dominance, ensuring sustainable competitive advantage in the HealthTech landscape.<\/li>\n\n\n\n<li>Innovation and uniqueness:\u00a0Novel approach to solving health challenges, potential for disruptive impact in the healthcare sector<\/li>\n\n\n\n<li>Technical feasibility:\u00a0Sound scientific\/technical basis for the solution, realistic development timeline<\/li>\n\n\n\n<li>Regulatory compliance:\u00a0Awareness of relevant healthcare regulations, strategy for obtaining necessary approvals<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Benefits<\/strong>:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Membership in the pioneer cohort of timbuktoo HealthTech Hub and entire Timbuktoo ecosystem.<\/li>\n\n\n\n<li>Mentorship from industry experts and seasoned entrepreneurs.<\/li>\n\n\n\n<li>Equity-free funding of up to $100,000 USD.<\/li>\n\n\n\n<li>Networking with potential partners, collaborators, and customers.<\/li>\n\n\n\n<li>Access to investor networks.<\/li>\n\n\n\n<li>Resources and support to accelerate growth and impact.<\/li>\n\n\n\n<li>Access to networks and agencies within the larger UN system.<\/li>\n\n\n\n<li>Access to networks and resources within the AfCTA system.<\/li>\n\n\n\n<li>Impact and shape a pan-African HealthTech evolution.<\/li>\n<\/ul>\n\n\n\n<p><strong>Deadline: October 6, 2024<\/strong><\/p>\n\n\n\n<p><strong>Click&nbsp;<a href=\"https:\/\/www.undp.org\/africa\/news\/timbuktoo-healthtech-startup-accelerator-programme-call-applications\">HERE<\/a>&nbsp;to Apply<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you a visionary HealthTech entrepreneur\/innovator with a groundbreaking idea to transform healthcare in Africa and committed to leveraging innovation<\/p>\n","protected":false},"author":1,"featured_media":13341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[43],"tags":[55,59,60,64,130],"class_list":["post-23664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","tag-education","tag-entrepreneurship","tag-finance","tag-student","tag-undp"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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