UNDP 2024 Timbuktoo HealthTech Startup Accelerator Program for Course

UNDP 2024 Timbuktoo HealthTech Startup Accelerator Program for Course

Are you a visionary HealthTech entrepreneur/innovator with a groundbreaking idea to transform healthcare in Africa and committed to leveraging innovation to contribute towards the Sustainable Development Goals (SDGs)? Do you have a scalable, defendable solution with clear monetization strategies? Apply now to join the timbuktoo HealthTech Hub. 

Africa’s HealthTech landscape presents both challenges and opportunities, with a projected $11 billion digital health market by 2025. To address critical healthcare gaps, there’s an urgent need to establish a robust HealthTech hub.

Categories

  • Technology-Enabled Solution:Your startup must have a technology-enabled solution at its core, utilising digital tools and platforms to drive innovation and efficiency in the financial sector.
  • Contribution Towards the SDGs:Your solution should align with and contribute towards one or more of the United Nations Sustainable Development Goals, addressing pressing global challenges such as poverty, inequality, climate change, and more.
  • High Scalability:Your startup should demonstrate high scalability either through digital distribution channels or the ability to scale sales rapidly across markets.
  • Defensible Position:Your startup should have a defensible position, whether through Intellectual Property (IP) rights, network effects, domain expertise, or regional market dominance, ensuring sustainable competitive advantage in the HealthTech landscape.
  • Innovation and uniqueness: Novel approach to solving health challenges, potential for disruptive impact in the healthcare sector
  • Technical feasibility: Sound scientific/technical basis for the solution, realistic development timeline
  • Regulatory compliance:  Awareness of relevant healthcare regulations, strategy for obtaining necessary approvals

Eligibility Criteria

Groundbreaking founders and innovators across Africa who are already building startups that meet the following criteria:

  • Startups with founders who are nationals of an African Country 
  • Startups must be registered and operating within Africa 
  • Startups must have been in operation for a minimum of one year
  • Startups must address development challenges 
  • Must be a technology-based solution 
  • Startups must have a Minimum Viable Solution (MVS) (regulated and licenced if necessary)
  • Startups should have existing corporate governance systems and accountability. 
  • This application is limited to citizens of the African Union member states. 

Offered Benefits

  • Membership in the pioneer cohort of timbuktoo HealthTech Hub and entire Timbuktoo ecosystem
  • Mentorship from industry experts and seasoned entrepreneurs.
  • Equity-free funding of up to $100,000 USD.
  • Networking with potential partners, collaborators, and customers.
  • Access to investor networks.
  • Resources and support to accelerate growth and impact.
  • Access to networks and agencies within the larger UN system 
  • Access to networks and resources within the AfCTA system
  • Impact and shape a pan-African HealthTech evolution

Application Process

Go to United Nations Development Programme UNDP on forms.office.com to apply
Apply Here
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