Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
Established in 2020, the Adanian Labs venture building program offers a blend of technology development, technical support, business mentorship, access to market, partnerships and funding while helping startups apply lean principles in processes, learning, iteration and scaling of their innovations. Since its establishment the program has incubated fourteen tech startups across sectors; have established a first in Africa partnership with Emurgo Africa, a vehicle of EMURGO, the commercial arm of Cardano and have raised seed funding for 4 of its existing startups.
As a smart technologies lab, Adanian Labs has two centers of excellence on AI and Blockchain, AICE Africa (AI Center of Excellence Africa) and The Africa Blockchain Center (The ABC) to help achieve its mission of actuating the technology revolution in Africa.
Adanian Lab says its mission is to build 300 impact-driven tech startups that are commercially viable and scalable across the continent and beyond, with a vision to create exponential impact on the African economy through youth empowerment.
John Kamara, CEO, Adanian Lab: “We aim to build the next generation of socially impactful and commercially driven companies that will change the world from Africa. We are intentional in how we support entrepreneurs by de-risking the potential for failure through a 360 degree intervention that takes care of the key resources needed to help startups succeed.”
The programme is open to vibrant technology-based startups with a prototype that can be further developed. Ideal startups should have high impact potential and led by passionate entrepreneurs whereas youth and women are encouraged to apply.
“We are looking forward to receiving applications from sectors like FinTech, EduTech, AgriTech, HealthTech, EnviroTech, InsurTech, EnergyTech, Smart-City, MobilityTech, EmmersiveTech including IOT, Blockchain and AI startups. We believe in the potential bestowed upon the youth of Africa and are excited to take part in unleashing opportunities to help them harness tangiable value.” Kamara added.
Adanian Labs uses its unique positioning to provide critical support for startups through an evolving socio-economic ecosystem revolving around the sharing of resources, creation, production, distribution, trade and consumption.
The venture building programme will run for 12 months and includes startups incubated at Adanian Lab’s respective country offices (Kenya, Tanzania, Zambia, Nigeria and South Africa) with $120,000 worth of pre-seed funding.
Eligible Startups can register for the program on Adanian Labs website.