Alternative Funding Sources for Digital Innovation

The first trans-continental Networking Academy for African and European Digital Innovation Hubs.AfriConEU supports the strengthening of existing Digital Innovation Hubs in Africa and facilitates the collaboration between EU and African DIHs to strengthen a common EU- Africa innovation and Startup ecosystem.

AfriConEU

This webinar will discuss non-traditional funding sources available to digital innovators.

Access to funds has been a major challenge for startups in the African ecosystem. African Digital Innovation Hubs (DIHs) have and continue to play crucial roles in enabling startups to become aware of different funding sources available to African startups in the digital ecosystem. New funding sources have emerged yet there is still a knowledge gap about some of these new alternative funding sources (crowdfunding, micro-credit, loans, and grants) for startups leading to slow adoption and maximization of these opportunities.To address this challenge, AfriConEU, the first Trans-continental Networking Academy for African and European Digital Innovation Hubs in partnership with African Technology Business Network (ATBN) will host a virtual webinar on “Alternative Funding Sources for Digital Innovation”. The main objective of this webinar is to discuss non-traditional funding sources that are available to digital innovators. It will address the pros and cons of various types of alternative funding sources such as crowdfunding, micro-credit, loans, and grants. The mechanical elements of these funding sources will be addressed, along with their common uses, how they correlate with other funding sources and how projects can position themselves to take advantage of these sources.Date: Wednesday, 14th December, 2022Time: 12:00 pm – 1:30 pm CETS﻿peaker: Angie Madara (Founding GP, Athena Fund)H﻿ost: Eunice Baguma-Ball (Africa Technology Business Network - ATBN)Topics to be discussed:1. Traditional Funding Sources (In Brief)2. Introduction to Non-Traditional/Alternative Funding Sources3. Uses, Pros and Cons of Non-Traditional/Alternative Funding Sources: Crowdfunding, Microcredit, Loans, Grants4. How a startup can position itself to take advantage of these sourcesWho should attend?Leaders of DIHs (tech hubs, universities, incubators, accelerators)InvestorsYouthStart-upsEntrepreneurs and entrepreneur support network leadersDigital skills providersThis event is part of the new AfriConEU project to support African and European Digital Innovation Hubs in capacity building, knowledge sharing, networking, collaboration, joint projects, and venture development. The project is being delivered by a consortium of partners including ATBN, INOVA+, Emerging Communities Africa, Youthmakers Hub, Porto Business School, OutBox, Dpixel, Stimmuli, ITC, Buni Hub, and HapaSpace.For more information, visit our websites: <a href="https://www.africatbn.com" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">www.africatbn.com</a> and <a href="https://africoneu.eu/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">https://africoneu.eu/ </a>AfriConEU project has received funding from the European Union’s Horizon 2020 research and innovation programme (GA no. 101016687).

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Alternative Funding Sources for Digital Innovation

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Alternative Funding Sources for Digital Innovation

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