Introduction

The UNDP timbuktoo HealthTech Startup Accelerator Programme 2024 is a program designed to support HealthTech startups in Africa. The program aims to foster startups developing groundbreaking solutions in deep tech, hardware, and advanced technologies. The program offers equity-free funding of up to $100,000 USD, mentorship from industry experts, and access to investor networks.

Scope of Work

The program focuses on supporting startups developing innovative solutions in the HealthTech sector. Key areas of interest include AI-driven diagnostics, locally manufactured medical devices, and biotechnology tailored to African needs. The program aims to establish a robust HealthTech hub in Africa to address critical healthcare gaps.

Eligibility

The program is open to 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.

Budget and Duration

The program offers equity-free funding of up to $100,000 USD. The duration of the program is not specified in the provided document.

Additional Information

The program provides access to networks and agencies within the larger UN system and the AfCTA system. It also offers the opportunity to impact and shape a pan-African HealthTech evolution.

Key Dates

The application deadline for the program is October 6, 2024.

Application Process

To apply for the program, click here.

Selection Process

The program aims to support innovative startups that meet the following key criteria:

• Technology-Enabled Solution

• Contribution Towards the SDGs

• High Scalability

• Defensible Position

• Innovation and uniqueness

• Technical feasibility

• Regulatory compliance

For More funding Opportunities, Visit Global Funding Opportunities.