African startups have been invited to apply for the Norway-based Katapult Accelerator, an impact-tech programme that offers startups hands-on assistance and US$150,000 in funding. Applications are open until December 15 for the Katapult Accelerator, which is looking for startups using artificial intelligence (AI), Internet of Things (IoT) and virtual reality (VR) technologies to solve environmental and societal challenges. Selected startups will receive US$150,000 in return for eight per cent equity in the business, and will be given access to hands-on training and mentorship over the duration of the programme. Kenyan startup Sky.Garden was one of the 12 startups selected to join the last cohort of the Katapult Accelerator. Sky.Garden is a software-as-a-service (SaaS) platform for mobile commerce that is built specifically for African businesses.
Source: The North Africa Journal December 07, 2017 06:45 UTC