CoCreation Hubs edtech accelerator puts $15M towards African startups

News Summary

  • And CcHUB, which has run several edtech initiatives (one of which I have volunteered for) and backed successful and failed edtech startups in the past via other incubator and accelerator programs, is hopeful of discovering such solutions addressing challenges across K-12, tertiary, and skills-to-jobs markets.
  • “We’re not just going to back any startup; we’re going to see that these startups are also driving learning outcomes.” CcHUB intends to take on that task with the help of an in-house research team dedicated to working with portfolio startups and testing their products from launch to scale.
  • Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubatorSupporting that many startups in three years suggest CcHUB’s Edtech Fellowship program will accept 24 startups in Nigeria and Kenya yearly (12 each).
  • These value-adds will also complement the initial $100,000 funding startups get to access during the program.“Over the next three years, we will have 72 edtech companies launched into the market.
  • They are part of a 30-man team across several expert groups CcHub will provide to selected startups in both locations, including product development, government relations, pedagogy and learning science, portfolio management, communication, instructional design and community building.
  • Tijani, also the CEO of Kenya’s iHub, said the remaining money will be used to handle other resources in the accelerator, including personnel costs as well as providing support capital to startups as they progress.
Africas largest innovation hub CoCreation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya [+7174 chars]