Pan-African Edtech Incubator, Injini has announced its second cohort. The incubator announced the start-ups that were admitted into its second cohort at an event which took place at Amazon’s office in Gardens, Cape Town, South Africa.
Eight startups from five African countries made it to the “educational stages” according to Injini. The selected start-ups include; Learning factory (Zimbabwe), eLimu (Kenya), Nahana Afrika (South Africa), Bluebic (Nigeria), Langbot (Ethiopia) Slatecube (Nigeria), ScholarX (Nigeria) and Lightbulb (South Africa).
The above list shows that startups from Nigeria dominated the second cohort in contrast to the first cohort portfolio which also had 8 startups from South Africa.
The first cohort startups were; Accelerated, Early Bird (South Africa), M-Shule (Kenya), Mtabe (Tanzania), Syafunda (South Africa), Uthini (South Africa), Yo Books (South Sudan), and Zelda (South Africa).
Founded by Jamie Martin and CiTi, Injini is a South African edtech incubator that has so far run two cohorts. In their first cohort, the incubator says that they received applications from 13 countries. An indicator that anyone from across the continent can apply.
Their cohorts last 6 months, thus the second cohort incubation will take place from July to December 2018. Participating startup are required to part with equity depending on what level they are at.
They, thus, caution applicants that they should “not accept a place if you don’t want to give up 9% equity or only want to do it in a local division.”
In return, for the equity, “the companies get the Injini programme and direct funding of $50k.”