Norwegian Investor Dangles $100,000 Prize at African Start-ups

AFRICAN start-ups have been invited to apply for the Norway-based Katapult Accelerator, an impact-tech programme that offers startups hands on assistance and up to US$100,000 in funding.
Applications are open until May 31 for the Katapult Accelerator, which is looking for start-ups using exponential technologies to solve environmental and societal challenges and will run for three months from July 31.
Selected start-ups will receive up to US$100,000 to cover the cost of living expenses and build their businesses, and will be given access to hands-on training and mentorship over the duration of the programme.
They will also be provided with access to a global network of leading thematic mentors, dedicated expertise to unleash potential of AI in their businesses, and the chance to access to further capital.
A selected number of companies will also be given the opportunity to take part in a one-month follow-up programme in New York with Katapult partner ERA, a leading start-up accelerator that has made 127 investments since 2011 and has a network of more than 350 mentors and dozens of industry partners.


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