Rwandan tech incubator think has opened applications for its second cohort, calling for high-potential Africa-focused tech startups to join its six month programme.
Up to five startups will be selected to join the second round of the incubator programme – which is backed by Tigo Rwanda and Millicom -, with think saying it hopes to support those companies building innovative digital solutions for Africa.
Throughout the six-month programme selected participants will receive US$15,000 equity investment from Millicom, structured training, professional coaching, access to Tigo’s technical resources, and support in accessing external investors and customers.
“We are excited to welcome the second cohort of entrepreneurs at think. The first batch of talents at think has set the bar high. We are looking forward to meeting the next cohort of tech entrepreneurs who are leading digital innovation for Africa, and seeing them reach similar success,” said Tongai Maramba, general manager at Tigo Rwanda.
Applications are open to any early stage technology company with the potential to scale across Africa.
Following the six month programme, startups will be invited to pitch for follow-on investment to enable the rapid growth and scaling expected from graduate companies.
Disrupt Africa reported the inaugural think accelerator was launched by Tigo Rwanda and Millicom in October last year, with over 150 applications flowing in from over 20 countries, and three startups selected for incubation.
One of the startups from the first cohort, TorQue, relaunched its product as a result of the programme, and secured a number of high-profile clients.
“think provided a perfect opportunity to develop our business further. We have made tremendous progress here, and we are more determined than ever,” said Jean Niyotwagira, chief executive officer (CEO) of TorQue.
Applications can be made via the think website, and will remain open until February 21.