NAIROBI, Kenya, May 26 – Six startups from Sub-Saharan Africa have been selected to join the fourth class of Google’s Launchpad Accelerator program.
Kenya’s Database Management System (DMS) is a tech-enabled sourcing and distribution platform that replaces informal wholesale markets for small and medium size food and FMCG retailers in Africa’s urban markets.
The app is also designed for quick learning, revisions, references at the time of exams and interviews as it covers most of the related topics and detailed explanation with all the basics topics.
“Africa’s ICT infrastructure is on the rise therefore, it is encouraging to see Kenyan youth taking up such an opportunity that will expose them to a like-minded elite community of startups around the world,” said John Kimani, SSA Developer Relations Program Manager for Google.
Google’s mentorship-driven global startup program aims at driving real success for startup by providing them with in-person mentoring that they need to tackle critical challenges and enable each startup to grow or scale.
Currently, Launchpad Accelerator is implemented in Kenya, Nigeria and South Africa.
Nigeria has three participating startups in the program; Delivery Science, which is a mobile form app that helps large organizations get field data; Gidi Mobile Limited- a mobile learning platform that uses mastery learning & social gamification to deliver personal advancement, in a fun way, and at unprecedented scale and Paystack, an app that helps businesses in Africa accept their payments from their customers.
South Africa has two participating startups: Flatterwave – which is building technology and infrastructure for digital commerce across Africa starting with Rave, an app that helps merchants accept mobile money, cards and bank account payments across 4 African countries; and Jumo, the largest scale, lowest cost financial services marketplace for emerging markets.
Launched in late 2015, the program, had previously been reserved for startups from India, South East Asia and Latin America.
“Eight out of Ten startups do not make it past one year after they are set up. To mitigate this, Launchpad Accelerator is structured along the start-up growth stages, and aims at supporting them grow using technology,” added Kimani.
The Launchpad Accelerator is the third and final phase. The participating startups are currently in this phase which is a 6-month hyper-acceleration program for late-stage startups that includes a 2-week, all-expense-paid kick-off boot camp at the new Google Developers Launchpad Space in San Francisco.
“We acknowledge that each stage of a startup’s growth is critical, and for this reason we have structured the program to address the needs of a startup through the different phases of their growth cycle.”
Selected tech startups must have a product targeting their local markets with proven product-market fit (beyond ideation stage). The selection process considers the problem the startup is trying to solve, how it creates value and whether it addresses a real challenge in the startup’s home country.