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Ghana Tech Lab & Mastercard Foundation Launches $10,000 SLI-COVID-19 Challenge

Tech Gist Africa by Tech Gist Africa
04/14/2020
in Africa, Africa News, News
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Ghana Tech Lab & Mastercard Foundation Launches $10,000 SLI-COVID-19 Challenge
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Ghana Tech Lab has partnered with Mastercard’s Foundation’s Young Africa Works to launch a $10,000 fund. The partners launched the SLI-COVID-19 Challenge is to support startups fighting against the COVID-19 pandemic in Ghana. 

Ghana Tech Lab & Mastercard Foundation supports local solutions with up to 10,000USD in the fight against COVID-19.#GTLimpact#youthemployment#ghana#SLI_COVID_19Challengehttps://t.co/hsy6rVn0Pp

— Ghana Tech Lab (@GhanaTechLab) April 7, 2020


See also: EU Pledges Over €20 billion to Combat COVID-19 in Asia, Africa, Latin America, and the Balkans


The Ghana Tech Lab incubator is a joint venture between Innohub Ghana and Kumasi Hive that is overseen by the Ministry of Communications. The partnership with Mastercard will help rapidly mobilize, support, and scale innovations to provide essential services during and after the pandemic. SLI-COVID-19 Challenge will scale local innovations that are directly or indirectly mitigating the adverse effect of the COVID-19 pandemic. 

The SLI-COVID-19 Challenge will help startups to scale-up innovative solutions that will stop the spread of the pandemic. The selected startups will receive online coaching for one month. They will also receive business mentorship to help develop their products. 

The Challenge has received a total of 199 applications. Fifteen short-listed applicants submitted online pitches for further review after the initial screening. After the final screening, six local startups will be short-listed. Finalists will present their solutions at an online session in May 2020. At the end of the day, all six startups will receive the $10,000 grant to help scale their innovations.

 

More on TechGist Africa:

  • Jack Ma Foundation Announces Applications for Africa Netpreneur Prize 2020
  • How Startups can Achieve Productive Remote Work Despite Covid-19 Outbreak   
  • Africa Gains 50 million New Mobile Money Accounts in 2019
  • Agritech Platform Winich Farms offers Discounts and Last-mile Delivery to Nigerians
  • Top Google Search Productivity Hacks 
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