NBA |
…Announced AI
platform
NBA Africa today announced the second
edition of the startup accelerator program that the league launched last year
to support the continent’s technology ecosystem and the next generation of
African entrepreneurs.
NBA Africa
Triple-Double Accelerator, which awards financial support and mentorship to
early-stage African startup companies that develop solutions in the sport and
creative industries, will once again be operated by ALX Ventures, a leading
technology incubator that provides the continent’s tech leaders with access to
the skills and tools to launch and scale their startups. NBA Africa also
announced ServiceNow, an AI platform for business transformation whose Now
Assist and AI agents help organizations deliver faster and smarter experiences
at scale, as an Official Partner of the program.
Beginning today
through Friday, Aug. 29, startups can apply to participate at https://TripleDoubleAccelerator.NBA.com,
after which the submissions will be
narrowed down to a top 10. The shortlisted startups will then participate in a
10-week mentorship program where they will be paired with mentors comprised of
NBA Africa, ServiceNow and ALX leadership, as well as other corporate
stakeholders, who will provide guidance to the companies with a focus on
product development, business growth and go-to-market strategy. The startups will then pitch their products
to international industry leaders at the program’s second Demo Day in December,
where the top five prize-winning companies will be selected to receive financial
support and mentorship.
“Last year’s
inaugural Triple-Double Accelerator program showed how much talent, passion and
creativity there is among African entrepreneurs who are shaping the future of
the continent’s rapidly growing sport and entertainment industries,” said NBA
Africa CEO Clare Akamanzi. “We look forward to reviewing this year’s
submissions and to helping another round of promising startups take the next
step in their development.”
Last year,
more than 700 early-stage African startups applied to the program. Ten
finalists were then selected to pitch their products to a panel of
international industry leaders at the program’s first Demo Day at the NBA
headquarters in New York City, after which four prize-winning companies –
Festival Coins (Nigeria), Salubata (Nigeria), HustleSasa (Kenya) and UBR VR
(Egypt) – were awarded financial support and mentorship.
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