COVID 19: Ghana Tech Lab, MasterCard Foundation to present $10,000 to local innovations challenge.
Ghana Tech lab in collaboration with MasterCard Foundation’s Young Africa Works is presenting an amount of $10,000 to support local entrepreneurs in the battle against COVID 19.
However, the Tech lab which had a partnership already with Mastercard Foundation’s Young Africa Works program to train young Ghanaians has launched the SLI-COVID-19 challenge.
The SLI-COVID 19 challenge was built on the “Scaling Local Innovation ” program which is mobilizing local innovations to provide necessary products and services during and after the Coronavirus pandemic.
The challenge aims at uplifting innovative solutions to stop the spread of the virus.
Thus, selected local entrepreneurs to stand the chance of being awarded up to US$10,000 to support their project in tackling COVID-19.
Ghana Tech Lab had a total of 199 applications from Ghana and other countries. Out of the total 15 applicants were shortlisted. These shortlisted applicants are to submit an online pitch for review and selection. Thereafter, 6 local innovations would be selected for the program.
The SLI-COVID-19 Challenge will run till May. As of now, the 6 participants are receiving online coaching daily. They will also receive technical and business mentorship to assist them with product development to prepare for the implementation of their product.
In May, the finalists will present their contributions in the fight against the COVID-19 pandemic at an online product presentation session.
Nevertheless, all of them are worthy of grants of up to US$10,000 each to help scale their innovations and make them easily accessible to the market.
The Ghana Tech Lab incubator is a joint venture between Innohub Ghana and Kumasi Hive under the E-Transform Project of Ghana’s Ministry of Communications.
Ghana Tech lab is open to all collaborative space for competent Digital skills training, seeding Innovations and growing startups. They give the platform for idea building through their Makerspace, CreateSpace, AI Lab, Blockchain Lab, Robotics Lab, Cybersecurity Lab, IoT Lab, and VR lab. The Ghana Tech Lab is funded by the World Bank and was established in 2018.