GSMA Innovation Fund Opportunity For African Startups

The first round of the GSMA Ecosystem Accelerator Innovation Fund is now open for applications from start-ups in Africa and selected Asian countries.

The GSMA Ecosystem Accelerator works to bridge the gap between operators and innovators, enabling strong partnerships that support the growth of commercially sustainable mobile products and services.

By opening the dialogue between innovators and operators, the programme helps operators contribute their assets and expertise to the most promising ideas. This will in turn support innovators to secure the funding and direction they require in order to bring their products and services to scale.

Through the Innovation Fund the GSMA Ecosystem Accelerator offers:

  • Funding between GBP£100,000 and GBP£250,000
  • Mobile-focused mentoring and bespoke technical assistance
  • Opportunities to build partnerships with mobile operators in relevant markets

The following is the criteria to qualify for funding –

To qualify for funding an applicant must use mobile technology and be aligned with one of our focus areas:

Funding must be used for a specific project where socio-economic impact is expected to be realised. Examples include: job creation, new opportunities for entrepreneurs and youth or the growth of formal and informal SMEs. The duration of the project must be between 12 and 18 months

Applicants must provide a matching of at least 50% of the amount of funding requested

Applicants must have already demonstrated success by launching a product or service and reaching active users in at least one market

 

How to apply

  • Review the full requirements before applying here
  • A list of the questions is also available here
  • Apply here

Submit your Pitch before 18th September 2016 11.59pm GMT