Are you an African entrepreneur aiming to transform the health product distribution landscape in Africa? The Investing in Innovation (i3) Program presents an extraordinary opportunity for you. The program is currently inviting applications for its 2023 cohort, and your start-up could be one of the 30 lucky companies to secure a $50,000 grant. But that’s not all! By participating, you also gain access to a powerful network of donors, industry leaders, and institutions who can support and expedite your venture’s growth.
The i3 Program, a pan-African initiative, is funded by the esteemed Bill & Melinda Gates Foundation and backed by leading global organizations like AmerisourceBergen, Merck Sharpe & Dohme (MSD), Microsoft, and Chemonics. The primary aim of i3 is to revolutionize healthcare supply chains by supporting and advancing the commercialization of 60 promising early and growth-stage companies. This program actively facilitates the growth and impact of innovative, African-led start-ups by establishing vital connections with donors, industry players, and government partners.
The benefits of joining the i3 cohort extend beyond the substantial grant. You’ll have an exclusive chance to participate in i3’s matchmaking program and flagship event, connecting your innovative solution with local and international industry players, financial institutions, donors, and governments. This can help forge partnerships and pilot projects that can catapult your start-up to new heights.
Moreover, the i3 Program offers risk-tolerant funding and tailored investment readiness support, delivered by leading innovation experts at CCHub, Startupbootcamp AfriTech, Villgro Africa, and IMPACT Lab. This hands-on assistance is designed to address key business model needs and advance your start-up’s charitable impacts.
To be eligible, start-ups must meet a series of criteria, including representation by an African national, a legal presence on the African continent, and a business focus serving the needs of African customers. They must also be technology-enabled, offering data-driven products or services focused on health product distribution.
For more information on eligibility criteria and how to apply, please visit Investing in Innovation Africa. This is your chance to make a significant difference in Africa’s healthcare system. Apply today and take a giant leap towards a brighter, healthier future.