Finance

Ampion Announces 2015 Venture Bus Africa, Institutional Partners (allAfrica.com)

Ampion has announced partnership with Transparency International, the Open Society Initiative for West Africa (OSIWA) and leading financial institutions in West Africa.

The partnerships will cover two major projects: The Ampion Venture Bus West Africa, running from September 17 to 23, 2015 and the Ampion Fellowship, a startup incubation programme to be launched and ran in West Africa from October 2015 until March 2016.

The Ampion Venture Bus West Africa 2015, which aims to develop tech solutions for democratic participation and financial inclusion, will kick off on September 17 in Abidjan, Ivory Coast, at the brand new fablab Baby Lab. The Venture Bus programme will bring 45 talented entrepreneurs on a seven-day tour to meet the tech startup communities in Ivory Coast, Ghana, Togo, Benin and Nigeria. The startups on the bus are encouraged to work together with Ampion’s partners to develop innovative solutions in the fields of fin-tech and governance.

The programme will alternate between working on own startup ideas on the bus and pitching, workshops & coaching sessions during stops in the region’s biggest tech hubs.

The Venture Bus is destined for Lagos, Nigeria where it coincides with Africa’s largest pitching competition, DEMO Africa on September 23. At the Venture Bus Grand Final in Lagos, the startups developed on the Venture Bus will pitch to a renowned jury of company representatives and investors.

The best startups emerging from the Venture Bus West Africa will have the chance to apply for the Ampion Fellowship West Africa 2015/2016. The Fellowship is a six months incubation programme starting in October 2015. It offers a grant, free office space and free, regular one-on-one mentoring. The Ampion Fellows will fly to a kick-off event in Berlin, Germany, to meet investors and to refine their business model. No equity will be taken in the Ampion Fellowship. The program is launched in cooperation with OSIWA.