The first round of the GSMA Ecosystem Accelerator Innovation Fund is now open for applications from start-ups in Africa and selected Asian countries. Successful start-ups will receive funding between GBP£100,000 and GBP£250,000; Mobile-focused mentoring and bespoke technical assistance; and opportunities to build partnerships with mobile operators in relevant markets
Applicants must use mobile technology and be aligned with one of the focus areas: Sharing Economy and Mobile services for SMEs
GSMA said funding must be used for a specific project where socio-economic impact is expected to be realised. Examples include: job creation, new opportunities for entrepreneurs and youth or the growth of formal and informal SMEs. The duration of the project must be between 12 and 18 months
Also, applicants must provide a matching of at least 50% of the amount of funding requested. Applicants must have already demonstrated success by launching a product or service and reaching active users in at least one market
To apply, review the full requirements before applying here; a list of the questions is also available here; then submit your Pitch before 18th September 2016 11.59pm GMT
This initiative is funded by UK Department for International Development (DFID), and supported by the GSMA and its members.
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