Incubation & Acceleration
We support developing companies by providing access to mentorship, investors, logistical and technical resources as well as connecting them to a network of peers.
Incubation Programs
Warka Tech
xHub Addis in Partnership with the British Embassy is launching an Incubation Program called Warka. This program calls for start-ups to apply whose focus is on:
Technology
Women- led
Education focused
Climate issue
Sustainability
Mobile money, and other idea as well
Warka Tech Project
The program will last for 3-5 months training and will include:
- Business development support
- Mentorship and coaching
- Seed fund and many more.
Application Date : May 4th - June 5th.
Previous Incubation Projects
Young Africa Works Ethiopia (YAW)
- YAW was an initiative by Mastercard Foundation that seeks to create employment opportunities for the youth in partnership with Ethiopia’s Jobs Creation Commission (JCC).
- YAW was aligned with the Ethiopian government’s plan to create new jobs to spur economic growth and was designed in partnership with the government, the private sector, academic institutions, and young people.
- On May 27th, 2021 Ethiopia’s first cohort of 137 business mentors for startups and SMEs and 20 startup enterprises graduated at a special ceremony that celebrated the dedication, ingenuity, and achievement of these impressive young entrepreneurs who have completed the year-long incubation program.
Tifter Ethiopia
- The Ministry of Innovation and Technology in partnership with UNDP launched a COVID-19 challenge, with xHub Addis as a business development and incubation consultant.
- The challenge was designed to find and support innovators creating solutions that help prevent, detect and control the virus.
- On Friday, September 3, 2021, xHub, MiNT, and UNDP Ethiopia hosted a bazaar and invited guests to partake in the exhibition of these creative young minds’ with innovative inventions.
AHUN
- In April 2021, FDRE Jobs Creation Commission and UNDP in partnership with the CALS/xHub Addis launched a campaign in search of groundbreaking early-stage high growth potential entrepreneurs for a four-month dynamic incubation program.
- Its aim was to produce next-generation digital entrepreneurs with the ability to thrive in an ever-changing local and global business environment, including high resilience and quick recovery to external shocks such as the COVID-19 pandemic as well as cultivate an entrepreneurial mindset of young professionals.
Incubation Process
Formation Of Selection Committee/Board
Set Eligibility Criteria For Applicants
Along With Pitch Deck Project Report. Required Docs
Application Invitation
Application Submission By Applicants
Project Evaluation
AoA If Registered
Selection
Presentation And Interaction
Selection Finalization