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2024 NBA Africa’s Triple Double Accelerator Programme for African Startups. ($140,000 in Cash Prize)

2024 NBA Africa’s Triple Double Accelerator Programme for African Startups. ($140,000 in Cash Prize)

As of my last update in January 2024, there might not be specific details available about the 2024 NBA Africa’s Triple Double Accelerator Program, as it would be in the future from that point. However, based on the previous iterations of the program, we can anticipate some general aspects.

The NBA Africa’s Triple Double Accelerator Program is likely to continue its mission of supporting African entrepreneurs who are leveraging technology to drive social impact and economic development across the continent. It would provide selected startups with access to resources, mentorship, and funding to scale their ventures and make a meaningful difference in their communities.

Similar to previous editions, the program is expected to focus on areas such as technology, innovation, and social impact. It would prioritize startups with innovative business models and potential for scalability, especially those addressing pressing social and environmental challenges in Africa, such as healthcare, education, agriculture, renewable energy, and financial inclusion.

Participants in the 2024 edition of the program would likely receive mentorship from experienced entrepreneurs, industry experts, and NBA representatives. Workshops, training sessions, and networking events would be organized to enhance their skills, knowledge, and networks.

Being associated with the NBA brand, the program would offer startups exposure to the NBA’s audience, marketing platforms, and media channels, aiding in raising awareness about their ventures, attracting customers and investors, and amplifying their impact.

The program would emphasize collaboration, diversity, and inclusion, encouraging startups to connect with each other, share insights and best practices, and collaborate on joint projects and initiatives.

The 2024 NBA Africa’s Triple Double Accelerator Program is expected to continue its commitment to driving innovation, supporting entrepreneurship, and fostering social impact across the continent, contributing to the sustainable development of Africa’s economies and communities. For the most accurate and up-to-date information, it would be best to refer to official announcements from the NBA Africa or its partners closer to the program launch date.

NBA Africa’s Triple Double Accelerator program aims to support African startups and the African tech ecosystem and African tech entrepreneurs by promoting growth in the sports and creative industries. Through this program, participating startups will have access to mentorship and capital to accelerate their growth and help drive the growth of African economies.

Requirements For The NBA Africa’s Triple Double Accelerator Program

  • Operations headquartered in Africa
  • Product alignment with one of the five Sports and Creative startup categories
  • Proven demand for product and/or service through strong customer base and/or revenue
  • Demonstrable impact and/or relevancy to the broader African continent

ELIGIBLE CATEGORIES OF STARTUPS

The Triple Double Accelerator is seeking startups whose products and/or services align with the below categories.

Live Event Experience and Ticketing

  • Transforming or enhancing live events through improved ticketing, entry, or in-arena or in-stadium experience.

Digital Fan Platforms and Connectivity

  • Creating new, innovative ways to collect fan data, translate data into targeted offerings for fans, and create digital hubs for fans to connect.

AI for Consumers

  • Designing new products for fans that leverage AI, such as dubbing content in local languages, creating an NBA chatbot, etc.

Investing in Youth

  • Creating tools to promote life skills, positive habits, and other programs for a highly digitally – connected African youth population.

Other Sports and Creative Startups

  • Innovating and disrupting any sector within the sports, entertainment and creative industries. 

Prizes

1st Place

  • $50,000 in cash accompanied by $50,000 in value-in-kind

2nd Place

  • $40,000 in cash accompanied by $40,000 in value-in-kind

3rd Place

  • $30,000 in cash accompanied by $30,000 in value-in-kind

4th Place

  • $20,000 in cash accompanied by $20,000 in value-in-kind

Benefits

Access to Prizing

  • Win up to $50,000 cash and $50,000 value-in-kind

Expand Network

  • Connect to prominent business leaders, corporations, and multinationals through mentorship

Global Exposure

  • A chance to pitch to global industry leaders at Demo Day in New York City

Method of Application

STEP 1

Written Application

Deadline 22 May 2024

  • Founders must complete the online application (roughly 60 mins to complete).
  • Applications will be reviewed on a rolling basis, so we encourage applying as early as possible.

STEP 2

One-way Video Interview

Deadline 31 May 2024

  •  Selected startups will be invited to participate in a one-way video interview.
  • Video submissions should be no longer than 5 minutes.

STEP 3

Selection Process

6 June 2024

  • Judges will evaluate each submission and select the top startups to participate in the program.
  • All applicants will be informed of their application status on 6 June.

STEP 4

Mentorship

June – August 2024

  • The accelerator program will include mentorship, workshops, and pitch practice in preparation for Demo Day in September
  • The required time commitment will be 4 hours per week, not including Demo Day

STEP 5

Demo Day

September 2024

Participating startups will get the opportunity to pitch to global industry leaders in New York for a chance to win prizing.

Application Deadline: May 22nd, 2024.

For More Information,

Visit the Official Website

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