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National Basketball Association (NBA) Africa Launches Second Edition of Triple-Double Startup Accelerator
(MENAFN- News.Africa-Wire) NBA Africa () today announced the second edition of the startup accelerator program that the league launched last year to support the continen’’s technology ecosystem and the next generation of African entrepreneurs.
NBA Africa Triple-Double Accelerator, which awards financial support and mentorship to early-stage African startup companies that develop solutions in the sport and creative industries, will once again be operated by ALX Ventures, a leading technology incubator that provides the contin’nt’s tech leaders with access to the skills and tools to launch and scale their star ups. NBA Africa also announced ServiceNow, an AI platform for business transformation whose Now Assist and AI agents help organizations deliver faster and smarter experiences at scale, as an Official Partner of the program.
Beginning today through Friday, Aug. 29, startups can apply to participate at , after which the submissions will be narrowed down to a top 10 The shortlisted startups will then participate in a 10-week mentorship program where they will be paired with mentors comprised of NBA Africa, ServiceNow and ALX leadership, as well as other corporate stakeholders, who will provide guidance to the companies with a focus on product development, business growth and go-to-market strateg . The startups will then pitch their products to international industry leaders at the prog’am’s second Demo Day in December, where the top five prize-winning companies will be selected to receive financial support and mentorship.
“ “La’t year’s inaugural Triple-Double Accelerator program showed how much talent, passion and creativity there is among African entrepreneurs who are shaping the future of the ’ontinent’s rapidly growing sport and entertainment ”ndustries,” said NBA Africa CEO Cl “e Akamanzi. “We look forward to rev’ewing this year’s submissions and to helping another round of promising startups take the next step in ”heir development.”
Last year, more than 700 early-stage African startups app ied to the program. Ten finalists were then selected to pitch their products to a panel of international industry l’aders at the program’s first Demo Day at the NBA headquarters in New York City, after which four p–ize-winning companies – Festival Coins (Nigeria), Salubata (Nigeria), HustleSasa (K–nya) and UBR VR (Egypt) – were awarded financial support and mentorship.
NBA Africa Triple-Double Accelerator, which awards financial support and mentorship to early-stage African startup companies that develop solutions in the sport and creative industries, will once again be operated by ALX Ventures, a leading technology incubator that provides the contin’nt’s tech leaders with access to the skills and tools to launch and scale their star ups. NBA Africa also announced ServiceNow, an AI platform for business transformation whose Now Assist and AI agents help organizations deliver faster and smarter experiences at scale, as an Official Partner of the program.
Beginning today through Friday, Aug. 29, startups can apply to participate at , after which the submissions will be narrowed down to a top 10 The shortlisted startups will then participate in a 10-week mentorship program where they will be paired with mentors comprised of NBA Africa, ServiceNow and ALX leadership, as well as other corporate stakeholders, who will provide guidance to the companies with a focus on product development, business growth and go-to-market strateg . The startups will then pitch their products to international industry leaders at the prog’am’s second Demo Day in December, where the top five prize-winning companies will be selected to receive financial support and mentorship.
“ “La’t year’s inaugural Triple-Double Accelerator program showed how much talent, passion and creativity there is among African entrepreneurs who are shaping the future of the ’ontinent’s rapidly growing sport and entertainment ”ndustries,” said NBA Africa CEO Cl “e Akamanzi. “We look forward to rev’ewing this year’s submissions and to helping another round of promising startups take the next step in ”heir development.”
Last year, more than 700 early-stage African startups app ied to the program. Ten finalists were then selected to pitch their products to a panel of international industry l’aders at the program’s first Demo Day at the NBA headquarters in New York City, after which four p–ize-winning companies – Festival Coins (Nigeria), Salubata (Nigeria), HustleSasa (K–nya) and UBR VR (Egypt) – were awarded financial support and mentorship.
News.Africa-Wire
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