What's Happening?
NBA Africa has launched the second edition of its Triple-Double Accelerator program, aimed at supporting early-stage startups across Africa. Developed in partnership with ALX Ventures and ServiceNow, the initiative provides financial assistance and strategic mentorship to entrepreneurs focused on technology-driven solutions in sports and creative industries. Applications for the 2025 edition are open until August 29, with selected startups undergoing a 10-week mentorship program. The program culminates in a Demo Day in December, where five winning companies will receive funding and continued business development support.
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Why It's Important?
The Triple-Double Accelerator program is crucial for fostering innovation and entrepreneurship in Africa's rapidly growing sports and entertainment sectors. By providing mentorship and funding, NBA Africa is helping startups scale their operations and develop market-ready solutions. This initiative not only supports economic growth in the region but also enhances the visibility of African tech innovators on a global stage. The involvement of ServiceNow introduces advanced automation tools, potentially accelerating the development of smarter solutions and increasing the competitiveness of participating startups.
What's Next?
Selected startups will participate in the mentorship program, receiving guidance from leaders in NBA Africa, ALX Ventures, and ServiceNow. The Demo Day in December will showcase the startups' progress, with the top five receiving further support. NBA Africa will continue to monitor the impact of the program, potentially expanding its scope or introducing new partnerships to enhance its effectiveness. The success of this initiative may inspire similar programs in other regions, promoting global collaboration in sports and technology.
