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 Deadline | May 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, 2024How to Apply
Interested and qualified? Go to ALX on tripledoubleaccelerator.nba.com to applyFor more details, visit ALX website