Renew Capital, in collaboration with the Ministry of Innovation and Technology (MInT) of Ethiopia and the Japan International Cooperation Agency (JICA), has opened applications for the 2024 NINJA (Next Innovation with Japan) Accelerator program.

The program is designed to support tech-enabled startups in Ethiopia that are demonstrating growth potential. The application window is open from June 26th to July 12th, 2024.

Who is Eligible?

The NINJA Accelerator is seeking applications from startups that meet the following criteria:

• Possess renewed business registration and operate within Ethiopia.
• Utilize tech-enabled business models, products, or services.
• Operate in sectors such as Agri-tech, Manufacturing technology, Fintech, Health-tech, Tourism-tech, Mining-tech, or digital and ICT.
• Have generated revenue and are actively pursuing growth.
• Are led by a committed, full-time founding team.

Benefits for Finalists

Finalists will be granted access to an acceleration program, pitch opportunities, investment matching, and participation in GITEX Global, a prominent tech event.

Application Process

The NINJA accelerator application for startups in Ethiopia requires detailed information about the founders, the company, its products or services, target market, financials, and growth plans. The application form can be accessed through Renew Capital’s website.

Focus on Ethiopian Tech Innovation

This program is a testament to the burgeoning tech scene in Ethiopia and the commitment of both government and international agencies to foster innovation in the country. It provides a platform for promising startups to gain exposure, mentorship, and funding, thereby contributing to Ethiopia’s economic development.

Renew Capital is an investment firm that supports early-stage companies in East Africa. Their focus on tech-enabled businesses aligns with the NINJA Accelerator’s goal of promoting technological innovation.

For further information on how to apply: 

Interested startups are encouraged to visit Renew Capital’s website or contact them directly for more details on the application process and program benefits. Application portal is reproduced here: https://share.hsforms.com/1ZsmBlcxaR4uOLoZpL_ko0gee4rj