Access to Funding : Be part of the Elevate Blue Project Acceleration Program – Apply now
TechBridge Invest, MTI Investment, and Sote Hub are collaborating on the ELEVATE BLUE PROJECT, a comprehensive support initiative for entrepreneurs in the marine plastic and blue economy sectors across East Africa.
The project offers end-to-end support, guiding startups from idea generation to investment, with a focus on enhancing their skills, resilience, and adaptability. The goal is to foster long-term economic growth and the development of local ecosystems.
Key to the project is knowledge sharing, including workshops, seminars, and events designed to promote collaboration and the adoption of new technologies. Startups will gain access to cutting-edge technologies and mentorship to drive innovation and improve competitiveness.
The project aims to create around 9,000 jobs (3,000 direct and 6,000 indirect) over five years, alongside significant revenue growth for supported startups, with a target revenue increase to $9.4 million.
As part of the initiative, an acceleration program will be run, focusing on supporting businesses in the Blue Economy and Marine Litter sectors in Kenya and Tanzania.
The program offers tailored mentorship, professional support, and access to a global network of industry partners, helping companies boost their competitiveness and impact. Entrepreneurs will receive 100% free support, including operational guidance, expert consultation, and resources for scaling their solutions and validating their market fit.
Don't miss out on the application deadline which is January 27, 2025, at 23:59 hours, lasting for 38 days.
Additional Information
Mentorship Support: Personalized one-on-one mentorship and coaching, along with training and resources to help achieve business goals.
Professional Services & Expertise: Access to expert consultation and support in critical business areas.
Networking & Community: Connect with a global network of industry partners and mentors, with lifetime membership and opportunities for future collaboration.
Funding Access: Opportunities to access funding and support in becoming investment-ready.
Zero Financial Commitment: The program is entirely free, with no fees or equity taken from participants.
Companies with an existing product in the market, generating annual revenue of $50,000 or more, and showing traction in the Marine Litter, Blue Economy, or both sectors.
Geographically, the program is limited to Kenya and Tanzania.
Teams must include at least 30% women participants.
Applications from people with disabilities (PWDs) are encouraged.
Companies that have not been previously accelerated by Sote Hub or TechBridge are eligible.
Applicants must have participated in no more than one previous accelerator program.
Applicants must commit to full participation in all program activities and agree to the use of content generated during the program.
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