M:lab East Africa has entered into an agreement with SoftLayer to offer the Catalyst programme to start-ups in m:lab East Africa’s accelerator program “Mobile Impact Ventures Program” (MIVP) and the community at large.
The start-up program provides highly scalable infrastructure, technology guidance and mentoring, business insight, and more to qualifying start-ups.
The partnership with SoftLayer through its program the Catalyst start-up program will see start-ups in the mobile impact ventures program take advantage of the generous IT credits of up to $1,000 worth of hosting per month on the SoftLayer platform for one full year.
The Mobile Impact Ventures Program is m:lab East Africa’s accelerator program for ventures with innovative solutions in agriculture, health & water and education.
It is backed by the Rockefeller and Tony Elumelu Foundations, through the Global Impact Investment Network’s (“GIIN”) Africa Impact Economy Innovations Fund (“IEIF”).
A call for applications is open for new ventures to join the program in the second cohort. Start-up teams of two or three mobile impact entrepreneurs are eligible. One of the team members must be a Tech Co-founder with an orientation to mobile software development.
A second team member with working experience in education, agriculture, health or water will be an added advantage. An entrepreneurial instinct or experience running a business venture among the founders will also be an added advantage.
Each of the admitted ventures will be required to dedicate time to complete program milestones associated with their business progress. A commitment fee of Kshs 7,000 will be required from the impact ventures that get admitted to the program. Kshs 5,000 of the commitment fee will be refundable upon the venture’s completion of program milestones.
Soure: IT News Africa