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.”