NBA Africa has launched ‘The Triple-Double: NBA Africa Startup Accelerator’ – a startup accelerator run by technology incubator ALX Ventures, with the objective of supporting African tech entrepreneurs in sports and creative industries with mentorship and capital.
Based on the continent and focused on early-stage African startup companies, the new initiative will empower top African startups working in diverse areas – from event management to AI-driven digital marketing – and will receive mentorship from NBA Africa, ALX and other stakeholders, as well as guidance focusing on product development, business growth and go-to-market strategy.
Early-stage startups in Africa that develop solutions in event management and ticketing, youth development, AI, and digital marketing in the sports and creative industries can apply by May 31 2024.
A demo day organised by NBA Africa will take place in New York City in September 2024, during which participating companies will pitch their products to a panel of industry leaders from all around the world. Four winning companies will then be selected to be awarded financial support, mentorship, and the opportunity to work with NBA Africa and the Basketball Africa League (BAL) on their current and future initiatives on the continent.
“We are thrilled to launch an accelerator program based on the continent and focused on early-stage African startups,” said Clare Akamanzi, CEO of NBA Africa.
“This groundbreaking new initiative reflects our commitment to expanding the African sports ecosystem, and these incredible companies will be at the forefront of shaping the future of sport on the continent.”
NBA Africa says the accelerator is aligned with President Biden’s Digital Transformation with Africa Initiative and the US Department of Commerce’s Africa strategy.
Click here to apply.
