African Impact Challenge (AIC) Sixth Edition

About

The African Impact Challenge (AIC) is an acceleration program designed for health tech startups in Africa, particularly in Kenya and Nigeria, offering funding, capacity building, and access to international markets and partnerships to help early-stage entrepreneurs grow and scale their businesses effectively.

Benefits

• 💰 Financial Support
• Access to funding through investments or grants
• 🎓 Capacity Building
• Support through online and self-learning content
• 🌐 Market Access
• Opportunities to expand into markets in Canada, Ghana, Kenya, Rwanda, South Africa, Botswana, and Nigeria
• 📈 Global Partnerships
• Access to strong partnerships in North America and Europe for global expansion and financing
• 🎤 Exit Strategies
• Facilitation of innovative exit paths such as mergers, market expansion, and strategic acquisitions

Eligibility Criteria

• 🌍 Geographic Eligibility
• Open to health tech startups from Kenya and Nigeria
• 🏢 Legal Status
• Must be a legally registered company in the health tech sector
• 💼 Business Stage
• Startups at early stages of development
• 💰 Financial Requirements
• Must be seeking funding or investment for growth
• 👥 Team Requirements
• Teams should be focused on health tech innovation or broader industry innovation in Nigeria

Participation Commitments

• 📍 Physical Attendance
• Must participate in scheduled program activities, potentially including travel
• ⏰ Time Commitment
• Commitment to engage in the acceleration program for its duration
• 🎤 Presentation Requirement
• Must present business progress and plans during program milestones

Target Region

Open to startups primarily from African countries, especially Kenya and Nigeria

Target Sector

Focused on health tech and broader industry innovation