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Rwanda's think tech incubator taking applications

By , ITWeb
Rwanda , 21 Jan 2015

Rwanda's think tech incubator taking applications

Following its first successful intake, Rwanda's first tech incubator called think has extended a call for applicants for the 2nd cohort.

The Incubator says it is looking for high-potential, Africa-focused technology companies to apply for a 6-month accelerator program in Rwanda.

In this second round, tech startups will be supported to develop innovative digital solutions for Africa.

Backed by Tigo Rwanda and Millicom, think launched in October 2014 with companies selected from more than 150 applications from 20 nations. Building on the success of the inaugural program, think will select up to five new companies through a competitive selection process.

In a statement the incubator confirmed that selected companies will have access to all of its resources including equity investment from Millicom, structured training, professional coaching, access to Tigo's technical resources, and support in accessing external investors and customers.

After the six month incubation period, companies are expected to be in a position to drastically scale their operations and will have the opportunity to pitch for additional investment.

Jean Niyotwagira , CEO of TorQue, who has re-launched his product and secured high-profile clients since joining think's first cohort expressed: "think provided a perfect opportunity to develop our business further. We have made tremendous progress here, and we are more determined than ever,"

"think mentors from Oracle and SalesForce, and partnerships with Tigo brings much value to our business," said Dare O. Pius, CEO of Cribpark, an ecommerce design site from Nigeria.

Tongai Maramba, General Manager, Tigo Rwanda said: "We are excited to welcome the 2nd cohort of entrepreneurs at think. The first batch of talents at think has set the bar high. We are looking forward to meeting the next cohort of tech entrepreneurs who are leading digital innovation for Africa, and seeing them reach similar success at think."

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