Deadline: 31 May 2025
Applicants are now invited to submit applications for the Spark Accelerator Program to nurture, grow and scale commercially viable tech start-ups that drive positive societal impact.
The Spark Accelerator is a platform for bold and visionary founders to grow and scale their businesses. Anchored around their purpose of transforming lives, their goal is simple yet powerful, to empower startups with the access they need to succeed.
Focus Areas
- Startups in these focus sectors qualify to apply for the Spark Accelerator:
- Embedded Finance
- Open Finance
- Agency as a Service
- Future Fintech
- Proximity payments
- Personal Finance Management
- Blockchain and Decentralized
- Al/ML for Credit, Wealth Management and Insurance
- SME Productivity Tools
- Merchant loyalty and rewards
- E-Commerce enablement
- Intelligent supply chain and inventory management
- Al business automation
- Tax compliance
- Fraud detection
- Creative Economy
- Gaming
- Advertising as a Service
- Digital Content and Media Tech Finance inventory management
- Creator Economy Tools
- Live and Immersive experiences
- Embedded Finance
Benefits
- Access To Product and Technology Support
- Access to Daraja and M-PESA Open APIs
- AWS Activate credits up to $25K
- Technical advisory & mentorship
- Business development support
- Access To Market
- Go to Market Support
- Access to Safaricom and M-PESA Customer Base of over 30 Million Customers
- Access to Safaricom Partner Network
- Networking and Events
- Access To Capital
- Investor Readiness
- Access to Funding from Safaricom and Leading Venture Capital Funds
Eligibility Criteria
- Startups that fit the below criteria are highly encouraged to apply:
- Geographic Location
- Starting With Kenya
- Strategic Fit
- Startups Building Solutions in Highlighted Focus Areas
- Team
- Multi-skilled team with requisite expertise in the sector
- Equity
- Ready to Accept Equity Participation
- Product
- Have an Existing Product and Post-revenue
- Stage
- Up to Series A Startups
- Geographic Location
For more information, visit Safaricom.