An online community named Village Capital for Africa, backed by the investors and entrepreneurs and Kenya’s Gearbox are jointly hosting an accelerator program, solely hardware focused, meant specifically for the African hardware start ups.
According to a the outfit, twelve start-ups that deal with the hardware will be accepted in the program. Among those twelve start-ups, two will emerge as the ultimate winner. The winners will be chosen and each of the winners will get $50,000 investments.
The organizers of the Gear Accelerator program are looking for prospective start-ups that can improve things related to easy energy access, improvement of agricultural productivity among the small farmers with their resources and bring about a great change in the nation.
This program runs in three batches, each of four days sessions in Kenya. The program will start from October and end in February. Participants in the Hardware Accelerator program, jointly organized by Village Capital for Africa and Gearbox can get the much needed exposure to prospective customers and investors. Again, interactions with their peers and industry experts will provide the start-ups with valuable insights to update their projects.
The Hardware Accelerator program is organized in association with the Doen Foundation, SGII and Lemelson Foundation, apart from VC4Africa. Interested participants can apply till 7th of September.