Standard Chartered Women in Technology Incubator Cohort 4 Program for women-led tech Zambian startups ($10,000 funding)

Applications are currently being accepted for the Standard Chartered Women in Technology Incubator, which is Africa’s leading incubator program for businesses led and founded by women. To be eligible for this program, the business owner must be a Zambian female founder or co-founder who is over 18 years old and has an equal or majority stake in the business. Additionally, the business must be based and operating in Zambia and must already be using digital technology or have a clear need to incorporate it in order to facilitate business growth.

Requirements

The business owner must also be of Zambian nationality and the business must have been registered with PACRA for at least 3 months.

The business owner may be seeking support for customer, product, and/or business model development. It is important that key persons of the business, preferably 2 founders, are available to participate in the 3-month virtual incubation program from March to May 2024. The top 6 winners of the incubation program must also be able to attend a 6-month acceleration program from 3rd June 2024 to 3rd December 2024.

Benefits

The prize fund for this program is primarily intended for building digital technology, with any remaining balance being used for the business. Participants in the program will benefit from three months of in-person learning experience in business management and operations. They will also receive personalized mentorship tailored to their specific business needs. Access to legal, accounting, financial planning, and tech support will be provided, as well as networking opportunities with fellow successful applicants and industry experts. Participants will also have the opportunity to join BongoHive’s supportive Alumni Network.

Furthermore, the top six finalists from the incubation program will receive a $10,000 equity-free grant seed funding to assist with the implementation of technology in their businesses.

They will also receive six months of ongoing support from Standard Chartered, BongoHive, and a network of coaches and mentors to help with go-to-market strategies and scaling-up. For more information, please visit the official website.  Deadline: 12th January, 2024