NBA Africa has opened applications for Triple-Double, a startup accelerator that will provide early-stage African startups with cash prizes and other support.
Operated by tech incubator ALX Ventures, Triple-Double is aimed at early-stage startups in Africa developing solutions in event management and ticketing, youth development, AI, and digital marketing in the sports and creative industries.
Ten selected startups will be paired with mentors from NBA Africa, ALX and other corporate stakeholders, who will provide guidance with a focus on product development, business growth and go-to-market strategy.
A demo day will take place in New York in September, where participating companies will pitch their products to a panel of industry leaders from the US, Africa, and around the world. Four winning companies will then be selected, with first place banking US$50,000 in cash and US$50,000 in value-in-kind support, and second, third and fourth places winning US$40,000, US$30,000 and US$20,000 in both cash and value, respectively.
The four winning startups will also gain access to further mentorship and the opportunity to work with NBA Africa and the Basketball Africa League on their current and future initiatives on the continent.
“We are thrilled to launch an accelerator programme based on the continent and focused on early-stage African startups. This groundbreaking new initiative reflects our commitment to expanding the African sports ecosystem, and these incredible companies will be at the forefront of shaping the future of sport on the continent,” said NBA Africa CEO Clare Akamanzi.
Applications are open here until May 31.
