Are you a startup with an innovative e-health solution? Do you want financial support for your innovation? If so, then the Merck Accelerator program is definitely for you. The Merck Accelerator Africa offers a three-month incubation program to all successful startups, where your Start-up will benefit from experienced mentors, a robust training program and the backing of a leading Science and Technology company. The program is runs parallel with the Merck Accelerator in Darmstadt. The program presents plenty of opportunities for exchange. The Nairobi based program will be focused on supporting companies addressing the big healthcare issues in Africa regardless of current location. If your company has what it takes to go international we offer an extended session in our new Innovation Hub in Silicon Valley.
Who is eligible for the Merck accelerator Africa?
The program is open to any company regardless of geographical location. The only requirement is that you have a healthcare solution preferably a digital solution that is targeting the e/mHealth African market.
Two tracks to choose from
There are two tracks to choose from. The Nairobi program in Kenya or the Darmstadt program in Germany. The Germany program offers flexibility regarding the industry and target market for which startups can pitch in. The most important thing is startups must offer solutions which are somewhat connected to Merck businesses (Life Science, Healthcare or Performance Materials).
What startups can benefit
- $15 000 seed funding with no equity taken
- 3 months accommodation in Nairobi
- Coaching and Mentorship
- Training and Individualised Curriculum
- Exchange with the Merck Accelerator in Germany
- Exposure to Silicon Valley
Merck is a leading science and technology company in healthcare, life science and performance materials. Around 50,000 employees work to further develop technologies that improve and enhance life – from bio-pharmaceutical therapies to treat cancer or multiple sclerosis, cutting-edge systems for scientific research and production, to liquid crystals for smartphones and LCD televisions. In 2014, Merck generated sales of € 11.3 billion in 66 countries. The company selects and supports early stage startups with programs in Darmstadt and Nairobi. The focus is on projects in the fields of healthcare, life science, performance materials and digital solutions.
Zimbabwean startups should take advantage
The recently held Seedstars Harare event saw Dr CADx, an e-Health startup outshine other Zimbabwean innovators. This should act as encouragement to local e-health startup that it is possible to come up with viable e-health solutions.
How to apply
To apply for the Merck accelerator Africa program, please follow this link
To apply for the Merck accelerator Germany program, please follow this link
NB: The deadline for applications is December 19, 2016