A partnership between Southbridge A&I, Salient Advisory, and SCIDaR has led to the creation of i3, a US$7 million program that will annually fund and support 30 African e-health firms.
A joint report on the financial difficulties faced by African e-health delivery enterprises was released about a year ago by the Moroccan consulting firm Southbridge A&I and its Canadian affiliate Salient Advisory.
As part of the $7 million pan-African plan, 30 companies specializing in e-health and supply chain in Africa will be supported each year for the next two years.
The pan-African “Investing in Innovation” program, supported by the Gates Foundation, will give 30 African e-health startups each year access to a regular grant of $50,000 USD, market and government access events across the continent, and connections to a top-tier global ecosystem in the healthcare industry.
With regard to accessibility, availability, quality, or transparency of health supply chains, i3 seeks to discover early-stage or growth-stage innovators across the continent who can have a real impact on public health.
These businesses, chosen by four of the top accelerators on the continent, will be qualified for both a market outreach program through regional events and a continuous grant of US$50,000.
The accelerators include Co-Creation Hub (CcHub) in Nigeria for West Africa, Startupbootcamp AfriTech in South Africa for Southern Africa, Villgro Africa in Kenya for East Africa, and IMPACT Lab in Morocco for North Africa.
Applications are currently being accepted for the first group of thirty companies and will remain open until August 14.
Visit the website to apply or for additional information.
Read more on Tech Gist Africa:
AfriLabs has launched an e-learning platform to foster innovation across Africa