Seedstars Launches Energy, Agriculture, Mobility Innovation Challenge For African Startups

The search is on for Sub-Saharan African startups with tech solutions aimed at impacting positively lower income communities through those industries.

“Start-ups have immense potential to solve Africa’s biggest development challenges and local African entrepreneurs are uniquely positioned to develop these solutions. We are excited to collaborate with Seedstars to identify and support some of the most promising African-led start-ups that will scale these solutions and improve millions of lives across the continent over time” Tara Collier, Market Development Manager, Shell Foundation.

Seedstars

Seedstars and Shell Foundation have joined forces to look for sustainable, scalable and innovative startups addressing universal access to energy-related challenges, as well as sustainable agriculture, mobility and transportation. With support from the UK Foreign, Commonwealth & Development Office (FCDO), they are launching the Energy, Mobility and Agriculture Innovation Program to find African tech entrepreneurs in the mobility, transportation, energy, and agriculture space in order to provide them with the resources, training, and potential funding to scale their startups and impact. Interested applicants can sign up here before Dec 20th: https://seedsta.rs/3meCEG1

The objective of this program is to support, catalyse and train the highest potential tech-based early stage (seed)African-led startups working towards:

  • universal access to energy (household energy to heat, light and cook; energy for business and large communities);
  • sustainable mobility and transportation (clean and safe transportation in rural areas and last mile transportation);
  • or sustainable agriculture value chains ( innovations that improve access to knowledge, finance, markets or knowledge for smallholder farmers).

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Seedstars startups Africa Seedstars startups Africa

Selected startups will be able to take part in Seedstars’ three-month Investment Readiness Program, which will provide the entrepreneurs with 1-on-1 mentoring with industry experts, potential funding opportunities, and leverage human and knowledge resources available within Shell Foundation.

The following are the criteria for startups interested in applying for the program:

  • Startup should be African-led and based or operating in at least one Sub-Saharan African country;
  • Tech solution must be focused on the mobility, transportation, energy, or agriculture value chains;
  • Startup must be at their early stage/seed round with a minimum viable product (MVP);
  • Startup must have initial traction and already able to generate revenue;
  • startup must have raised only less than $1M to date; and
  • Startup should have significant positive impact on lower income communities (in line with SDGs 2, 7 or 11)

To become part of the mission of providing universal access to energy, and making agriculture and mobility more inclusive and sustainable, send in your applications to the Energy and Mobility Innovation Program page before December 20, 2020: https://seedsta.rs/3meCEG1.

ABOUT THE SHELL FOUNDATION

Shell Foundation is a UK-registered charity, founded by Shell in 2000, that creates and scales business solutions to enhance access to energy and affordable transport. They exist to serve the low-income communities most affected by these issues.

The foundation provides patient support to social enterprises and institutions capable of delivering social change at scale across Africa and Asia via disruptive technologies or business models without long-term reliance on charitable support or subsidy.

To date Shell Foundation’s work has improved the lives of more than 180m people.

ABOUT SEEDSTARS

Seedstars is a Swiss-based private company with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 90 emerging ecosystems through a variety of initiatives such as the Online Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities. Seedstars The Documentary is a feature film featuring the company’s vision to give a voice to the game changers of the developing world.

“They tried to bury us, they didn’t know we were seeds.” — Mexican proverb

CONTACT

If you would like more information, please contact Michaela Villaroman at michaela.villaroman@seedstars.com.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

African tech startups to pitch at Seedstars International Demo Day

Seedstars chief investment officer (CIO) Charlie Graham-Brown

The Seedstars Growth Programme has tapped three African tech startups to pitch at the virtual Seedstars International Demo Day next week, after taking part in the Seedstars Growth Programme which was designed to help companies with early signs of product-market fit implement a growth methodology and unlock their growth formula, positioning them to raise their Series A round.

Seedstars chief investment officer (CIO) Charlie Graham-Brown
Seedstars chief investment officer (CIO) Charlie Graham-Brown

Participating startups received US$30,000 in funding from Seedstars and its network of investors, as well as access to tools like Amazon Web Services, Xero, HubSpot, and more. The demo day on October 14 will involve 18 startups that took part in batches four and five of the programme, three of them African. They are Nigeria’s Chaka, which enables individuals and companies to invest in Nigerian and US stocks through its digital investment platform; Kenyan lending platform Pezesha; and Kenya’s Fuzu, an online career accelerator platform. Fellow startups from the Asia, CEE, MENA, and LATAM regions also offer solutions in other verticals.

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“We have two goals with demo day. First, we have asked the founders to put the ‘demo’ back into demo day and I hope that participants will get real insights into how the companies operate and their value propositions. Second, we want to share with the world the incredible opportunity and talent we’ve discovered in 2020 and encourage more people to focus their time, money or know-how on emerging markets,” said Seedstars chief investment officer (CIO) Charlie Graham-Brown.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry