Unreasonable East Africa is searching for 15 early stage ventures from Uganda, Kenya and Tanzania wishing to gain an “unreasonable advantage” through a programme that will introduce them to a large network of mentors, investors and partners.
The programme, which is taking place for the second year, is seeking startup ventures tackling social and environmental challenges in East Africa.
Chosen startups will live together for five weeks, connecting with over 50 world-class mentors, including a founder of three companies with billion-dollar exits and the co-founder of a company that has lifted more than 700,000 people out of poverty.
They will also be provided with assistance in building relationships with funders most aligned with their ventures, and given access to a network of more than 250 investors, funds and foundations.
“We exist to help startup entrepreneurs to get over these hurdles,” said Joachim Ewechu, chief executive officer (CEO) of Unreasonable East Africa. “You could spend five years trying to build your company from ground up, or you can come to Unreasonable East Africa, get surrounded by the knowledge, resources and tools that you need, and succeed faster.”
The programme follows the model of the successful Unreasonable Institute in Boulder, Colorado, which has hosted 116 companies in the past five years that have collectively raised more than US$50 million in funding and benefitted more than 4 million people.
Startups wishing to apply for the programme must do so before December 19.