The Injini/Mastercard Foundation EdTech Fellowship Program for South Africans in 2024 is a six-month, equity-free, hybrid venture support program designed to expedite businesses in the EdTech sector. It concentrates on three primary goals: enabling market access to reach learners at the “bottom of the pyramid”, developing and executing impact measurement, monitoring, and evaluation systems, and boosting financial sustainability.
Selected EdTech firms will receive specialized acceleration support worth over R2,500,000, in collaboration with the Mastercard Foundation. This includes practical support from experts in education innovation, fundraising, impact M&E, commerce, and more. They will also enjoy pedagogical evaluation and certification by EdTech Impact and Education Alliance Finland, customized market research support, networking opportunities with key ecosystem players and industry experts, and access to a variety of courses from the Human-Computer Interaction Institute faculty members at Carnegie Mellon University.
About Injini
Injini is a registered Non-Profit Company that exists for the sole purpose of improving educational outcomes in sub-Saharan Africa. We do this by supporting key stakeholders to increase the quality, access and relevance of education throughout the region.
Aim and Benefits of EdTech Fellowship Program
Each selected EdTech company, or “Fellow”, will receive Injini’s specialised acceleration support valued at over R2,500,000, in partnership with Mastercard Foundation.
The Injini/Mastercard Foundation EdTech Fellowship Program offers several advantages:
- Expert guidance from professionals in education innovation, fundraising, impact M&E, and commerce.
- Pedagogical assessment and accreditation from EdTech Impact and Education Alliance Finland.
- Customized market research assistance from Injini’s team of education innovation researchers.
- “Sponsored Skills” to promptly respond to team requirements, create focused outputs, and enhance your long-term business capability with the aid of external advisors.
- Opportunities for networking, knowledge exchange, and learning with key players in the ecosystem and industry experts.
- Access to a range of courses, along with office hours from the Human-Computer Interaction Institute faculty members at Carnegie Mellon University, a global authority in education technology and applied learning sciences.
- Contribution to a growing repository of data demonstrating effective strategies in African EdTech.
- Equity-free venture capital funding exceeding R1,000,000.
The ideal candidate for the EdTech Fellowship Program should meet the following criteria:
- The company should target a significant market opportunity, primarily in South Africa.
- It should have a tech-based solution aimed at enhancing access and improving educational outcomes in South Africa, ideally supporting learners in pre-primary education (ages 0-5), primary and secondary education (ages 5-18), and/or teacher training and professional development.
- The company should be a post-revenue, growth-stage startup (with annual revenue likely surpassing R1,000,000). If the applicant is a non-profit entity, grant funding should constitute annual revenue.
- The company should have the potential to reach 8,000 direct learners within one year of program participation.
- The company should be led by a multicultural team with a deep understanding of the context in which they operate – particularly encouraging applications from inspiring female founders and leadership teams.
Application Deadline
February 13, 2023
How to Apply
Interested and qualified? Go to Injini on form.jotform.com to apply
For more details, visit Injini website.
