21 January
2015,
Kigali, Rwanda—after a first successful
intake, Rwanda’s first tech incubator announced today its call for applications
for the 2nd cohort. think calls for high-potential, Africa-focused
technology companies to apply for a 6-month accelerator program in Rwanda. In this
second round, think seeks to support
exceptional tech startups to develop innovative digital solutions for Africa.
Backed by Tigo Rwanda and Millicom, think launched in October 2014 with
companies selected from more than 150 applications from 20 nations. Building on the success of the inaugural
program, think will select up to five
new companies through a competitive selection process.
Selected companies will have access to all of
think’s resources including equity investment from Millicom, structured
training, professional coaching, access to Tigo’s technical resources, and
support in accessing external investors and customers. After the six month incubation period,
companies are expected to be in a position to drastically scale their operations
and will have the opportunity to pitch for additional investment.
Jean
Niyotwagira , CEO of TorQue, who has re-launched his product and secured
high-profile clients since joining think’s
first cohort expressed: “think provided a
perfect opportunity to develop our business further. We have made tremendous progress
here, and we are more determined than ever,"
"think mentors from
Oracle and SalesForce, and partnerships with Tigo brings much value to our business."
said Dare O. Pius, CEO of Cribpark, an ecommerce design site from Nigeria.
The application is open through 21 February
to any early stage technology company with the potential to scale across
Africa. Further details are available at
www.think.rw .
Tongai Maramba, General Manager, Tigo
Rwanda said: “We are excited to welcome
the 2nd cohort of entrepreneurs at think. The first batch of talents
at think has set the bar high. We are
looking forward to meeting the next cohort of tech entrepreneurs who are leading
digital innovation for Africa, and seeing them reach similar success at think.”
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