NBA Africa today announced the second edition of the startup accelerator program that the league launched last year to support the continent’s technology ecosystem and the next generation of African entrepreneurs.
What is the NBA Africa Triple-Double Accelerator?
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 continent’s tech leaders with access to the skills and tools to launch and scale their startups.
ServiceNow Joins NBA Africa As Official Partner
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.
Also Read: NBA Africa Launches Accelerator Focused On Early-Stage African Startups
Beginning today through Friday, Aug. 29, startups can apply to participate at tripledoubleaccelerator.nba.com, after which the submissions will be narrowed down to a top 10.
10-Week Mentorship for Finalists
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. The focus will be on product development, business growth, and go-to-market strategy.
The startups will then pitch their products to international industry leaders at the program’s second Demo Day in December, where the top five prize-winning companies will be selected to receive financial support and mentorship.
CEO Highlights Impact of the Program
“Last 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 continent’s rapidly growing sport and entertainment industries,” said NBA Africa CEO Clare Akamanzi.
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“We look forward to reviewing this year’s submissions and to helping another round of promising startups take the next step in their development.”
Recap of the NBA Africa Triple-Double Accelerator Inaugural Edition
Last year, more than 700 early-stage African startups applied to the program. Ten finalists were then selected to pitch their products to a panel of international industry leaders at the program’s first Demo Day at the NBA headquarters in New York City.
The following four prize-winning companies were awarded financial support and mentorship:
- Festival Coins (Nigeria)
- Salubata (Nigeria)
- HustleSasa (Kenya)
- UBR VR (Egypt)
Additional information about the Demo Day in December will be announced at a later date.
