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International Trade Centre
International Trade Centre
INNOVATIVE SOLUTIONS FOR AFFORDABLE AND RELIABLE INTERNET IN AFRICA
About Viva Technology
VivaTech is Europe's biggest startup and tech event. Co-organized by Publicis Groupe and Groupe Les Echos and dedicated to the growth of startups, digital transformation and innovation, the 5th edition will take place on June 16-19, 2021.
In 2019, the event reached 231 million people worldwide, bringing together 124,000 visitors including more than 13,000 startups, 3,000 venture capital firms and 2,500 journalists from 124 countries. This year, VivaTech will provide a hybrid experience, in person in Paris and online worldwide, that will bring together an even larger community of innovators.
About International Trade Centre
The International Trade Centre is the joint multilateral agency of the United Nations and the World Trade Organisation fully dedicated to support the internationalisation of SMEs.
Its joint mandate combines a focus on expanding trade opportunities with the aim of fostering sustainable development.
Its main focus is to facilitate SME & startup success in international business.
The #FastTrackTech Africa initiative supports digital entrepreneurs and tech start-ups in sub-Saharan Africa to go international with online and onsite training, advisory and coaching focused on building digital and business skills with a focus on regional and international business generation and investment promotion
International Trade Centre Challenge
Innovative Solutions for Affordable and Reliable Internet in Africa
The ITC FastTrackTech challenge is aimed at start-ups tackling the issue of affordable and reliable internet connectivity in Africa with innovative and resilient tech solutions.
Innovative Solutions for Affordable and Reliable Internet in Africa
The ITC FastTrackTech challenge is aimed at start-ups tackling the issue of affordable and reliable internet connectivity in Africa with innovative and resilient tech solutions.
According to the International Telecommunications Union, 2019 marked the first full year when more than half of the world, or 3.9 billion people began to participate in the global digital economy by logging onto the internet. The challenge now is to connect the other half. One of the main barriers to connectivity is affordability.
The ITC FastTrackTech challenge is focusing on Africa, which has the “‘last billion worldwide yet to be properly connected to the internet” according to the Financial Times. However, the number of people connected across the continent is expected to double by 2025, hence a high growth potential. We are looking for start-ups providing innovative solutions to improve the access to affordable connectivity while adding value in Africa.
What inspired us? (and could inspire you) Check here https://www.gsma.com/r/somic/
Context / Need:
According to the International Telecommunications Union, 2019 marked the first full year when more than half of the world, or 3.9 billion people began to participate in the global digital economy by logging onto the internet. The challenge now is to connect the other half. One of the main barriers to connectivity is affordability.
The ITC FastTrackTech challenge is focusing on Africa, which has the “‘last billion worldwide yet to be properly connected to the internet” according to the Financial Times. However, the number of people connected across the continent is expected to double by 2025, hence a high growth potential. We are looking for start-ups providing innovative solutions to improve the access to affordable connectivity while adding value in Africa.
What inspired us? (and could inspire you) Check here https://www.gsma.com/r/somic/
Context / Need:
Despite a growing broadband coverage across the continent, the actual accesss to connectivity reamins hindered by costs. Affordability in accessing internet services is the biggest barrier with at least 1.3 billion people living in countries where entry level mobile data plans (of 1GB per month) are expensive.
Expected Solutions :
Can vary from but are not limited to:
- Startups with wifi extenders & repeaters in rural/remote areasExpected Solutions :
Can vary from but are not limited to:
- Infrastructure, ex: solutions minimising backhaul costs/ celle sites powered by renewble energy sources, etc
- RegTech start-ups working on innovative policy/ Public-private partnerships
- Wifi distribution start-ups with an added value (leveraging data/ advertisement, etc)
- Affordable smartphones with data access
Scope :
The Company must be active in Africa and able to demonstrate some traction (e.g. sales, users...)
The Company must be active in Africa and able to demonstrate some traction (e.g. sales, users...)
Winners Prizes
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- 2
1
· A $5000 cash prize
· 20 hours of mentoring on a topic of your choice
· The opportunity to exhibit on the FastTrackTech booth at VivaTech (booth value of $14000)
· Linkages with VCs and partners from our network
· 20 hours of mentoring on a topic of your choice
· The opportunity to exhibit on the FastTrackTech booth at VivaTech (booth value of $14000)
· Linkages with VCs and partners from our network
2
· 20 hours of mentoring on a topic of your choice
· Linkages with VCs and partners from our network
· Linkages with VCs and partners from our network
