African startups can apply for support from Bayer Foundation

African startups can apply for support from Bayer Foundation

Early-stage African tech startups have been invited BY Bayer Foundation to apply for its support program that aims at helping impact startups validate their solutions.

Bayer Foundation has positioned itself over the past two years to tackle the global challenges of science and social innovation, nothing that the two are key drivers when it comes to reaching a World with Health for All and Hunger for None. Every year, the foundation partners the Ingolstadt School of Management in the Social Impact Startup Academy (SISTAC) to help African innovators validate their solutions, with the goal of helping these entrepreneurs grow their business.

For this year’s cohort, the foundation is on the lookout for startups focused on Sustainable Development Goals 2 and 3 – zero hunger, and health and wellbeing. Selected startups must be in the validation stage, with a running business plan, and looking to optimize and validate their solution to grow.

Selected startups have the opportunity to access funds, mentors from the Ingolstadt School of Management, access to the Bayer Foundation network, and free business consultation.

There is also a preference for female founders or co-founders, and all businesses must be for-profit and operating within Sub-Saharan Africa.

Application for the program runs till May 31, 2021, interested startups can click here to apply.