About the Program
The Mobile Impact Ventures Program (“MIVP”), is m:lab East Africa’s accelerator program for impact ventures with innovative solutions in agriculture, health & water and education. The m:lab’s accelerator is backed by the Rockefeller and Tony Elumelu Foundation’s, through the Global Impact Investment Network’s (“GIIN”) Africa Impact Economy Innovations Fund (“IEIF”). For more information on the grant click here .
The 3 month program supports startups in scaling their business through a tailor made acceleration process designed to facilitate the improvement of: business model, technology, customer discovery and potential for raising funding. This is delivered via intensive business masters classes, coaching with business experts and mentoring with sector specialists.
Dates / Timeline
Open: July 29
Close: Aug 27
The Mobile Impact Ventures Program offers services valued at over $15,000 USD in return for equity of 3%, the services include:
- Business coaching sessions with startup specialists including a business model assessment,
- Multiple sessions with sector specialist mentors,
- Modular and dynamic training workshops on entrepreneurship and technology skill for mobile impact ventures based on needs assessment.
- Tailored technology coaching to the needs of your business based on technical needs assessment,
- Shared coworking space in the m:lab for the duration of the program
- Access to legal and financial advisory services on an as needed basis
- Access to the product testing lab in the m:lab including phones across all major operating systems,
- Up To $1,000 worth of hosting credit per month with SoftLayer for 1 year,
- UX and graphic design services including a design of a professional logo and presentation template, user interface designs and graphic mockups (e.g. template with HTML5, CSS & Graphic elements) as well as consultation for setting up a usability session.
Training content in business and technical areas is delivered in a modular, dynamic and relevant format, with sessions being based on ongoing needs assessments of the startups in the cohort and timings scheduled for Tuesday & Thursday 6-8:30. Startups will be assigned tasks and follow-ups outside of classroom environment (market interaction, coaching and mentoring) which is expected to require an additional 5hrs per week in the startups own time. Attendance of founders is required at all sessions.
A commitment fee of Kshs 7,000 will be required from the social ventures that get admitted to the program. Kshs 5,000 of the commitment fee will be refundable upon the venture’s completion of program milestones.
The program will require the entrepreneurs involved to “Get out of the building” and interact with potential users, customers or partners for insights. Participants will therefore spend much time in the field undertaking experiments to validate their business models and to grow their revenue potential. Startups who complete this three month program will also pitch for cash funding of $5,000, awarded to winning 2 startups in the cohort.
For any questions reach us on – email@example.com.
Stephen graduated from Ghent University, Vlerick Business School with an MBA in 2011 through a full scholarship from the Kofi Annan Foundation.
Yaron has been active in capital raising, trade finance, and business development consulting in East Africa since 2009.
John is passionate about innovation and entrepreneurship that creates thriving knowledge economies in East Africa. He is a technologist and an expert in mobiles for development (M4D).
Rachel is a technology enthusiast with over a decade of experience in program coordination and project management.
Ben Lyon is a co-founder and director of Kopo Kopo
Benjamin Njenga has a Master’s degree in business administration
Dr. Bill Martin Osumba served for three years as a Medical OfficerRead more
Charlene Chen has 9 years of private sector and social sector experience
Esther Mwiyeria has an accumulated wealth of experience in the education sector
Elizabeth Kaluki Ngumbi has a PhD in Curriculum Studies
Franklin is a versatile commercial executive with a unique track record
Haron Wachira is an Ashoka Fellow (2010), elected for his entire value chain development model Read more
Jasper is specialized in African markets and market research.Read more
Maeghan Orton Ray has a mind of business, a passion for people and a mission to bringRead more
Milton has been actively involved in enterprise development in Africa and Europe Read more
Based in Nairobi, Neeta served most recently as Regional Director of GBCHealth KenyaRead more
Ombajo Misava Edward is the coordinator of Open and Distance e-learningRead more
Dr.Patrick Odawo has a wealth of experience in Kenya’s health sector.Read more
Petronila brings on board over 10 years of professional experience in publishing and editing Read more
Tamara Cook is the Lead Digital Finance Specialist at Financial Sector Deepening Kenya Read more
Tyler first came to Kenya in late 2012 as a co-founder of SmartLifeRead more