African startups led by younger girls have been invited to use for the AI Ventures Accelerator, a programme the place chosen groups would obtain $10,000 in equity-free seed funding.
The initiative is run by Technovation and Technology Limitless and additionally gives mentorship help.
The accelerator goals to help younger feminine innovators with technology-driven options whereas strengthening entrepreneurship and AI expertise in growing economies.
The AI Ventures Accelerator is a 12-week intensive programme that equips individuals with each technical and enterprise expertise required to launch and scale an AI enterprise.
The funding is meant to assist groups rent builders, purchase clients, construct merchandise and scale their startups past the prototype stage.
The accelerator is open to younger girls aged 19 to 24. Groups of two to 4 are most popular, however solo founders can nonetheless apply.
Accelerator applications are like fast-track progress camps for startups. They’re brief, intensive programmes designed to assist founders flip an early thought or younger enterprise into one thing robust sufficient to draw clients, buyers, and actual market traction.
Sometimes, an accelerator runs for just a few weeks to a couple months. Throughout that point, founders obtain hands-on steering from skilled entrepreneurs, buyers, and business specialists who assist them refine their product, sharpen their enterprise mannequin, and keep away from widespread errors.
In addition they study sensible expertise corresponding to pitching to buyers, understanding clients, constructing scalable techniques, and advertising successfully.
Final yr, six Nigerian startups have been chosen for cohort 9 of the Google for Startups Accelerator programme. The six startups have been among the many 15 AI-driven ventures chosen from throughout Africa.
