Fast Track Tech Africa Initiative Launched in Ethiopia

Date:

Share post:

Keep Up with Addis Insight

Add us to your Google Preferred Sources to see updates first.

Follow Source

Ethiopia has set on a journey with the ambition to become Africa’s next startup hub. With its strong demographics and fast-growing economy, the country has been restoring its government policies and rallying digital entrepreneurs. However, they are still many challenges preventing the tech sector from contributing to its full potential to growth and development, in particular in the areas of business support, technical and business skills, as well as international linkages.

The #FastTrackTech Africa initiative aims to support digital entrepreneurs and tech startups in sub-Saharan Africa go international – with training and coaching focused on regional & international business generation and investment promotion. The two-year project started in October 2019 and targets seven countries, including Ethiopia.

Through the project, Ethiopian start-ups will receive a blend of online and onsite training and targeted coaching on different topics related to building and further developing their business. Besides, more mature start-ups will have access to opportunities in the form of local and international start-up events and competitions to improve both their business and connect with potential investors around the globe. For more information about the project, visit the International Trade Centre website.

 

We are calling upon Ethiopian startups, which are using digital technology as a core enabling factor and that wish to see their businesses scale and internationalize to apply for the program. Applicants can visit https://vc4a.com/international-trade-centre/fasttracktech-africa/ to apply. Applications close on 15 November 2019.

#FastTrackTech Africa is financed by the Ministry of Foreign Affairs of Finland and executed by the International Trade Centre, a United Nations Agency dedicated to supporting the internationalization of SMEs in transitioning economies.

Addis Insight
Addis Insighthttps://www.addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

Two Years of the Float: $2.65B in IMF Funding, 24 NBE Auctions, and a Birr That Keeps Sliding

.efxr{ --paper:#EFE8D6; --paper-dim:#E3D8BC; --paper-deep:#D9CBA3; --ink:#1E2A1D; --ink-soft:#4B5245; --ink-faint:#7A8070; --green:#1F4D36; --green-bright:#2E7A52; ...

Sheikh Mohammed Al-Amoudi Crosses $10 Billion on Bloomberg: Inside the Comeback of Ethiopia’s Richest Man

In a remarkable financial turnaround, Sheikh Mohammed Hussein Ali Al-Amoudi — the Ethiopian-born Saudi billionaire whose empire spans...

Kuri Is Building Ethiopia’s First Lactation Support Platform and This Breastfeeding Week, It Is Taking Support Directly to Mothers 

Every day in Ethiopia, thousands of women become mothers, and the birth of a child is often surrounded...

Ethiopian Airlines Hits Record $9.1 Billion Revenue as Regional Crises Pressure Margins

Despite mounting operational hurdles across the Middle East and Central Africa, Ethiopian Airlines Group recorded a 20% jump...