Villgro Africa: Call for Innovative MedTech Device Startups to apply for funding of US$20,000

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Ndaman Joshua Olayinkahttp://www.yinksmedia.com
Tech Zealot and Passionate about writing everything concerning it. I support Arsenal.

Villgro Africa, an impact investor and early stage business incubator that supports startups innovating for Low and Middle Income Communities, is calling on Innovative Medtech Device Startups based in Africa to apply for funding of $20,000 and incubation.

Villgro Africa is looking for Innovative solutions that address the lack of access to quality and affordable health services; technologies in low-income populations across Africa

Startups can apply to join Villgro Africa’s portfolio and receive funding from $20,000, business development expertise and access to further investment opportunities. We have a preference for scalable and sustainable models led by a multidisciplinary team with a minimum viable product.

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Eligibility

The innovation must be either

  1. Tech-enabled
  2. Internet of Medical Things (IoMT)
  3. Level I & II Medical Device/Diagnostic

Benefits

  1. Funding of $20,000 and incubation.
  2. Successful applicants will also receive business development expertise and access to further investment opportunities.
  3. We have a preference for scalable and sustainable models led by a multidisciplinary team with a minimum viable product.

How to apply for Villgro Africa Innovative MedTech Device Startups

To apply visit the link here and fill in the application form.

Villgro Africa referrals from organizations that have worked with or know a startup that is a good fit.

Read more: Applications open for Google News Initiative Innovation Challenge!

About Villgro Africa

Villgro Africa is pioneering social entrepreneurship and impact investment in innovative enterprises in Africa. The Villgro Africa team has over 30 years’ experience in R&D/academia and entrepreneurship in the region that is relevant to healthcare and life sciences technology commercialization.  Our partnerships and networks span across the R&D, commercialization and funding pipeline to leverage local and foreign investments for global health impact in the region.

The challenge is not in the lack of technology or know-how to solve challenges, but the lack of a convincing business case to warrant the effort. We work with entrepreneurs to develop and deliver/implement innovative solutions through a business model approach. This includes offering them funding, technical assistance, go to market, and investment readiness.

Villgro Kenya has supported 16 companies since 2015. Our portfolio is a mix of hardware devices, technological health systems and services.

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