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Standard Chartered (SC) Women In Tech Incubator (WITI) Program Cycle 2 : Call for Applications

MSME Africa by MSME Africa
July 21, 2020
in Business, News, Opportunities, Tech
0
Standard Chartered (SC) Women In Tech Incubator (WITI) Program Cycle 2 : Call for Applications
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This program aims to support female entrepreneurship, aligning with calls for more diversity in tech and for more opportunities for women to develop entrepreneurial and leadership expertise.

The purpose of the Women in Tech Incubator in Nigeria is to provide incubation support designed to target early-to-mid stage professionals from technology and business sectors – females who are most likely to have the requisite domain knowledge, experience, and perseverance to deliver results.

The program was recently launched in Pakistan and now Nigeria, with the aspiration to launch more tech incubator and accelerator programs for women within Africa and the Middle East region in the coming years.

Eligibility Criteria:

WITI is seeking to recruit women-led start-up businesses that leverage technology as a key driver of innovation. The business:

  • Must be women-led start-up businesses that leverage technology needs of the county
  • Must be based in Nigeria, and should be aligned with the needs of the country
  • Must sustainable and scalable
  • Must be properly aligned with the UN’s sustainable development goals.
  • Should have been in operation for a minimum of 12 months
  • Should be seeking support for proof of concept, customer, product and business model development
  • Should have evidence of pre-revenue traction (users). Although post revenue is preferable.
  • The principal founder must be a Nigerian woman between the ages of 18 and 35
  • Should be able to provide all company registration documents including Certificate of Corporation, to confirm authenticity of the business

For applicants with business ideas:

  • An innovative idea that leverages web or mobile technology to solve a problem/issue
  • The idea must improve on an existing process/solution or be completely new i.e. hasn’t been done locally.
  • Adequately researched problem with a clear picture of the target segment it affects
  • The team should have skills to build the solution (or have access to technical skills)
  • Full-time commitment for 6 months spent building the solution and conduct market validation to understand your potential users.

Get more details and apply HERE

 

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