UNDP 2024 Timbuktoo HealthTech Startup Accelerator Program

Published: 28 Aug 2024

Are you a visionary HealthTech entrepreneur/innovator with a groundbreaking idea to transform healthcare in Africa and committed to leveraging innovation to contribute towards the Sustainable Development Goals (SDGs)? Do you have a scalable, defendable solution with clear monetization strategies? Apply now to join the timbuktoo HealthTech Hub. 

Africa’s HealthTech landscape presents both challenges and opportunities, with a projected $11 billion digital health market by 2025. To address critical healthcare gaps, there’s an urgent need to establish a robust HealthTech hub.

Categories

• Technology-Enabled Solution:Your startup must have a technology-enabled solution at its core, utilising digital tools and platforms to drive innovation and efficiency in the financial sector.
• Contribution Towards the SDGs:Your solution should align with and contribute towards one or more of the United Nations Sustainable Development Goals, addressing pressing global challenges such as poverty, inequality, climate change, and more.
• High Scalability:Your startup should demonstrate high scalability either through digital distribution channels or the ability to scale sales rapidly across markets.
• Defensible Position:Your startup should have a defensible position, whether through Intellectual Property (IP) rights, network effects, domain expertise, or regional market dominance, ensuring sustainable competitive advantage in the HealthTech landscape.
• Innovation and uniqueness: Novel approach to solving health challenges, potential for disruptive impact in the healthcare sector
• Technical feasibility: Sound scientific/technical basis for the solution, realistic development timeline
• Regulatory compliance:  Awareness of relevant healthcare regulations, strategy for obtaining necessary approvals

UNDP Timbuktoo HealthTech Startup Accelerator Program

Application Deadline	October 6, 2024
Funding Type	Partially Funded
Type	Entrepreneurs
Sponsor	United Nations Development Programme UNDP
Gender	Men and Women

Benefits of UNDP Timbuktoo HealthTech Startup Accelerator Program

• Membership in the pioneer cohort of timbuktoo HealthTech Hub and entire Timbuktoo ecosystem
• Mentorship from industry experts and seasoned entrepreneurs.
• Equity-free funding of up to $100,000 USD.
• Networking with potential partners, collaborators, and customers.
• Access to investor networks.
• Resources and support to accelerate growth and impact.
• Access to networks and agencies within the larger UN system 
• Access to networks and resources within the AfCTA system
• Impact and shape a pan-African HealthTech evolution

Requirements for UNDP Timbuktoo HealthTech Startup Accelerator Program

Groundbreaking founders and innovators across Africa who are already building startups that meet the following criteria:

• Startups with founders who are nationals of an African Country 
• Startups must be registered and operating within Africa 
• Startups must have been in operation for a minimum of one year
• Startups must address development challenges 
• Must be a technology-based solution 
• Startups must have a Minimum Viable Solution (MVS) (regulated and licenced if necessary)
• Startups should have existing corporate governance systems and accountability. 
• This application is limited to citizens of the African Union member states. 

Application Deadline

October 6, 2024

How to Apply

Interested and qualified? Go to United Nations Development Programme UNDP on forms.office.com to apply