RABAT, Morocco, 05 July 2024 -/African Media Agency(AMA)/- Open Startup (OST) continues its commitment to the growth of the African startup ecosystem by launching a call for applications for the OST Program. Developed in collaboration with Columbia Engineering et Columbia Business School In New York, this program aims to support startups in the early stages and identify promising talent in Tunisia, Senegal and Morocco.
OST Program is designed to support 30 selected startups (10 from each country) in their transition from the proof of concept to minimum viable product (MVP) phase during a 18-week intensive hybrid program.
The program will run from September 2024 to January 2025, with a total funding of 50,000 US dollars without compensation distributed to the finalists to stimulate their growth, without any equity investment. In addition to funding, the program will offer personalized training and mentoring delivered by experts and supported by Columbia Business School MBA students. Participants will also have access to a vast international network and will benefit from trips to New York, Tunisia and Moroccoorganized to provide them with international exposure and networking opportunities.
Early-stage startups with proof of concept and individuals with technical and soft skills are invited to apply through the linked websites. Applications will close on 21 July 2024. For more details on the programme and further information, please click here.
“OST Program connected us with experts, which accelerated our understanding of the market and the adaptation of our products. The mentoring offered and international networking accelerated our growth and opened the doors of international collaboration,” says alumnus Riadh Hamama, CEO and Founder of LoxBox Services.
OST Program is part of our ongoing commitment to accelerate technological innovation projects in Africa. It follows our Memorandum of Understanding with the French public investment bank BPI France, aiming to Bringing African innovation closer to the technology ecosystem French, as well as our Global Immersion Week 2024 (GIW), successfully held in Morocco in May. During this event, OST signed memoranda of understanding with key Moroccan entities, including Technopark Maroc and UM6P – Mohammed VI Polytechnic University.
Through the OST Program, the GIW and the MoU, OST underlines its commitment to delivering a set of inclusive programs aimed at accelerating the development of entrepreneurship and the growth of African startups and ecosystems.
Distributed by African Media Agency (AMA) pour Open Startup (OST).
About Open Startup:
Open Startup (OST) is a non-governmental organization that promotes entrepreneurship, education and cross-cultural exchange. By connecting ecosystems across Africa and beyond, OST builds communities that foster innovation and capacity building.
For further information please contact:
Naouress Ben Jeddou
Email: [email protected] & [email protected]
Source : African Media Agency (AMA)
2024-07-05 16:44:11
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