Five companies among the top ten finalists are in the process of been selected by top tech investors that include executives from Milicom, Tigo Rwanda, African Entrepreneur Collective and leading regional tech entrepreneurs.
“Think received highly qualified applications from 14 countries, and the finalists represent six African nations: Rwanda, Burundi, Kenya, Nigeria, South Africa, and Uganda, as well as the US,” an excerpt from the press release says.
The selected business will join think in two months’ time, and receive $15,000 in equity investment, strategic consulting services, a tailored growth-training curriculum and access to Tigo resources and global tech monitors.
“We are excited about the promising top 10 finalists. Investing in the final selected companies from among this group is a hallmark of Tigo’s commitment to innovation and to growing the IT startup environment across Africa,” Tongai Maramba, General Manager of Tigo Rwanda said.
Think, a technology incubator in Kigali, was established in 2014 in Rwanda to identify and support leading tech start-ups seeking to create digital solutions for Africa.
Millicom, operating under the Tigo brand in Africa, is the angel investor behind think and wants to help committed entrepreneurs set up and launch their business.
Credit: Ventureburn