Kenyan startups looking for a game-changing opportunity have reason to celebrate; applications for the second edition of the Safaricom and M-Pesa Spark Accelerator are officially open.
This highly competitive programme is designed to equip early-stage tech startups with the resources, mentorship, and market access they need to scale and thrive.
Understanding the Spark Accelerator Programme
Launched as a collaboration between Safaricom, M-PESA Africa, and Sumitomo Corporation, the Spark Accelerator is more than just a funding initiative; it is a comprehensive ecosystem designed to nurture innovation.
The programme offers startups an unparalleled chance to integrate with Safaricom’s extensive 30-million customer base, benefit from up to $25,000 in AWS Activate credits, and receive technical advisory services from leading industry experts.
Moreover, participants can access Daraja and M-PESA Open APIs, enabling them to build, test, and refine their products for Kenya’s growing digital economy.
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Why Apply? The Benefits of the Spark Accelerator
The Safaricom & M-Pesa Spark Accelerator is not just about financial support; it’s about long-term growth and sustainability. Here’s what startups stand to gain:
- Market Access: A direct gateway to Safaricom’s extensive customer network and partnership ecosystem.
- Mentorship & Advisory: Guidance from top industry leaders, technical advisors, and experienced entrepreneurs.
- Funding Opportunities: Potential investment from Safaricom and venture capital firms.
- Product Development Support: Hands-on access to Safaricom’s digital platforms, including M-PESA and Daraja APIs.
- AWS Cloud Credits: Up to $25,000 in AWS Activate credits to build scalable cloud-based solutions.
- Networking & Exposure: Opportunities to connect with investors and potential business partners.
Who Can Apply?
Safaricom is particularly interested in startups operating in the following key sectors:
- Fintech: Innovations that enhance financial inclusion and digital payments.
- Creative Economy: Digital content, gaming, and multimedia solutions.
- SME Productivity Tools: Solutions aimed at boosting efficiency and growth for small businesses.
- Healthcare & Embedded Finance: Technologies improving healthcare access and digital financial services.
Startups with diverse teams, particularly those with female leadership, are strongly encouraged to apply. The programme seeks to empower innovative, scalable, and impact-driven businesses that can transform industries.
How to Apply
The application window is open from April 1st, 2025, to May 15th, 2025. Interested startups can submit their applications through the official portal: Safaricom Spark Accelerator.
The selection process involves a rigorous assessment of the startup’s innovation potential, market fit, scalability, and impact. Only the most promising ventures will secure a coveted spot in the accelerator.
What Happens Next?
Following the application period, successful startups will undergo a structured programme that includes capacity building, mentorship, technology support, and market access facilitation.
The journey will conclude in an investor demo day, where startups will showcase their solutions to venture capitalists and key industry stakeholders, opening doors for potential funding and strategic partnerships.
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The Success of the First Cohort
The Spark Accelerator has already demonstrated its impact through its first cohort. Startups like Health X Africa, Vunapay, BlackRhino VR, Twiva, Chpter, Churpy, Nobuk Africa, Faidi HR, and Chumz have successfully leveraged the programme to scale their businesses.
Their participation in the investor demo day marked a critical milestone, attracting interest from leading venture capital funds.
Final Thoughts: Seize the Opportunity
For early-stage startups in Kenya, the Safaricom & M-Pesa Spark Accelerator is more than just a programme; it’s a launchpad for success.
If your startup is working on a groundbreaking tech solution, this is your chance to gain the support, resources, and exposure needed to scale your business. Apply today and take the first step towards transforming your startup into an industry leader.
For more details and to submit your application, visit: Safaricom Spark Accelerator.
