Introduction
NBA Africa has unveiled Triple-Double: NBA Africa Startup Accelerator, a groundbreaking initiative aimed at supporting early-stage African startup companies. Operated by ALX Ventures, this accelerator program is set to provide aspiring entrepreneurs with the skills and resources needed to thrive in the sports and creative industries across the continent.
Fostering Innovation: Focus Areas and Eligibility
Triple-Double: NBA Africa Startup Accelerator is open to early-stage startups in Africa that specialize in event management and ticketing, youth development, AI, and digital marketing within the sports and creative sectors. Startups meeting these criteria are encouraged to apply for participation through the official website by Friday, May 31.
Nurturing Startup Growth
Upon selection, the top 10 startups will have the opportunity to work closely with mentors drawn from NBA Africa, ALX Ventures, and other corporate stakeholders. These mentors will provide invaluable guidance and support to the companies, focusing on product development, business growth, and go-to-market strategy.
Demo Day in New York City
In September, NBA Africa will host a Demo Day in New York City, coinciding with the United Nations General Assembly (UNGA). During this event, the participating startups will pitch their products to a panel of esteemed industry leaders from the US, Africa, and around the world.
Awards and Opportunities
Following the pitches, the panel will select four winning companies to receive financial support, mentorship, and the opportunity to collaborate with NBA Africa and the Basketball Africa League on current and future initiatives across the continent.
A Momentous Announcement
The announcement of Triple-Double: NBA Africa Startup Accelerator was made today by NBA Africa CEO Clare Akamanzi at the American Chamber of Commerce’s Business Summit in Nairobi, Kenya. The event was attended by distinguished guests, including US Secretary of Commerce Gina M. Raimondo and US Trade and Development Agency Director Enoh T. Ebong.
Shaping the Future of African Sports
Clare Akamanzi expressed her excitement about the launch of this accelerator program, emphasizing its significance in expanding the African sports ecosystem. She highlighted the pivotal role that the selected startups will play in shaping the future of sport on the continent, underscoring NBA Africa's commitment to fostering innovation and growth in Africa.
