IDEO Last Mile Money Accelerator Program 2023 for Entrepreneurs

Are you scaling digital financial services in emerging markets, particularly with a focus on reaching women? Get closer to product-market fit with tailored design support, US$ 50K in grant funding, and access to our collaborative network. Apply below.

When is Application Deadline: 26th May 2023

Tell Me About Award: IDEO Last Mile Money is looking for promising early-stage ventures that are bringing digital financial services to underserved communities in emerging markets. They would particularly like to invite teams that reach out to female customers digitally or through merchants and agents.

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Are you expanding digital financial services in emerging markets, with a specific emphasis on reaching women? If so, apply now for the Last Mile Money Accelerator Program and get closer to product-market fit with tailored design assistance and a $50,000 grant.

Type: Entrepreneurship, Grant

Who can Apply?

  • At the last mile, place a strategic emphasis on women.
  • Women make up a significant portion of your current growth, and you are investing resources in increasing female users.
  • Increase the earnings of mobile money agents and micro-merchants.
  • Agent training and onboarding, float loan provision, and other services
  • Allow micro-merchants to use digital financial services.
  • Cash-in/cash-out and bill-pay services, digital currency, or a formal credit offering

Which Countries are Eligible? Nigeria

How Many Awards? Not specified

What is the Benefit of Award?

  • Grant size up to $50k
  • Customized design assistance
  • Weekly design office hours are available, with the possibility of 4-6 week embedded design sprints with IDEO designers.
  • Mentorship that is effective
  • Gain access to a network of mentors from telecommunications companies, fast-moving consumer goods companies, technology firms, investors, and other organizations.
  • Fundraising advice
  • Receive one-on-one coaching to help you develop a fundraising strategy and narrative, as well as introductions to the LMM network.

How to Apply: Apply here .

Visit Award Webpage for Details