NBA/ALX 2024 Africa’s Triple Double Accelerator Program For Young Funders for Course

  •  Course
  •  22-May-2024
  •   Africa
  • $$  Varies

NBA Africa’s Triple Double Accelerator program aims to support African startups and the African tech ecosystem and African tech entrepreneurs by promoting growth in the sports and creative industries. Through this program, participating startups will have access to mentorship and capital to accelerate their growth and help drive the growth of African economies.

Table of Content
  • NBA/ALX Africa’s Triple Double Accelerator Program
  • Benefits of NBA/ALX Africa’s Triple Double Accelerator Program
  • Requirements for NBA/ALX Africa’s Triple Double Accelerator Program
  • Selection Process
  • Application Deadline
  • How to Apply

NBA/ALX Africa’s Triple Double Accelerator Program

Application DeadlineMay 22, 2024
Type Entrepreneurs
Sponsor ALX
Gender Men and Women

Benefits of NBA/ALX Africa’s Triple Double Accelerator Program

Prizes: 

  • $50,000 in cash accompanied by $50,000 in value-in-kind
  • $40,000 in cash accompanied by $40,000 in value-in-kind
  • $30,000 in cash accompanied by $30,000 in value-in-kind
  • $20,000 in cash accompanied by $20,000 in value-in-kind

Other benefits:

  • Access to Prizing: Win up to $50,000 cash and $50,000 value-in-kind
  • Expand Network: Connect to prominent business leaders, corporations, and multinationals through mentorship
  • Global Exposure: A chance to pitch to global industry leaders at Demo Day in New York City

Requirements for NBA/ALX Africa’s Triple Double Accelerator Program

The Triple Double Accelerator is seeking startups whose products and/or services align with the below categories.

  • Live Event Experience and Ticketing: Transforming or enhancing live events through improved ticketing, entry, or in-arena or in-stadium experience.
  • Digital Fan Platforms and Connectivity: Creating new, innovative ways to collect fan data, translate data into targeted offerings for fans, and create digital hubs for fans to connect.
  • AI for Consumers: Designing new products for fans that leverage AI, such as dubbing content in local languages, creating an NBA chatbot, etc.
  • Investing in Youth: Creating tools to promote life skills, positive habits, and other programs for a highly digitally – connected African youth population.
  • Startups: Innovating and disrupting any sector within the sports, entertainment and creative industries. 

Selection Process

Criteria:

  • Operations headquartered in Africa
  • Product alignment with one of the five Sports and Creative startup categories
  • Proven demand for product and/or service through strong customer base and/or revenue
  • Demonstrable impact and/or relevancy to the broader African continent

Timeline:

Written Application: Deadline 22 May 2024

  • Founders must complete the online application (roughly 60 mins to complete).
  • Applications will be reviewed on a rolling basis, so we encourage applying as early as possible.

One-way Video Interview: Deadline 31 May 2024

  •  Selected startups will be invited to participate in a one-way video interview.
  • Video submissions should be no longer than 5 minutes.

Selection Process: 6 June 2024

  • Judges will evaluate each submission and select the top startups to participate in the program.
  • All applicants will be informed of their application status on 6 June.

Mentorship: June – August 2024

  • The accelerator program will include mentorship, workshops, and pitch practice in preparation for Demo Day in September
  • The required time commitment will be 4 hours per week, not including Demo Day

Demo Day: September 2024

Participating startups will get the opportunity to pitch to global industry leaders in New York for a chance to win prizing.

Application Deadline

May 22, 2024

How to Apply

Interested and qualified? Go to ALX on tripledoubleaccelerator.nba.com to apply

For more details, visit ALX website


Eligibility Criteria

The Triple Double Accelerator is seeking startups whose products and/or services align with the below categories.

  • Live Event Experience and Ticketing: Transforming or enhancing live events through improved ticketing, entry, or in-arena or in-stadium experience.
  • Digital Fan Platforms and Connectivity: Creating new, innovative ways to collect fan data, translate data into targeted offerings for fans, and create digital hubs for fans to connect.
  • AI for Consumers: Designing new products for fans that leverage AI, such as dubbing content in local languages, creating an NBA chatbot, etc.
  • Investing in Youth: Creating tools to promote life skills, positive habits, and other programs for a highly digitally – connected African youth population.
  • Startups: Innovating and disrupting any sector within the sports, entertainment and creative industries. 

Offered Benefits

Prizes: 

  • $50,000 in cash accompanied by $50,000 in value-in-kind
  • $40,000 in cash accompanied by $40,000 in value-in-kind
  • $30,000 in cash accompanied by $30,000 in value-in-kind
  • $20,000 in cash accompanied by $20,000 in value-in-kind

Other benefits:

  • Access to Prizing: Win up to $50,000 cash and $50,000 value-in-kind
  • Expand Network: Connect to prominent business leaders, corporations, and multinationals through mentorship
  • Global Exposure: A chance to pitch to global industry leaders at Demo Day in New York City

Application Process

Go to ALX on tripledoubleaccelerator.nba.com to apply
Apply Here
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