FinDisrupt is an ambitious innovation sprint that seeks to utilize insights and product development rigor in developing innovative solutions that meet the needs of consumer and service providers in the market.
This installment of FinDisrupt seeks to nurture an evidence based innovation culture among the Tanzanian Financial Technology (FinTech) society. We are bringing together the most innovative teams to build their understanding of insights and product development, help them identify the right on solutions to important problems, and support them to refine, launch, and scale their business ventures.
This installment of FinDisrupt will take place in three phases:
In order to enhance effectiveness at the Bootcamp, we will host a two day pre-bootcamp workshop targeting up to 35 FinTech’s who would have applied to participate in this innovation sprint. this session will use data and evidence in raising awareness of exciting needs and problems in the financial sector. In addition, this session will bring FinTech’s to speed on the rigor needed in developing real solutions in the market. During this phase, FSDT will also share the selection criteria that FinTechs will be evaluated against, to be eligible for the Bootcamp which is the second stage of this FinDisrupt. We encourage Tanzanian FinTechs, as well as Pan-African and international FinTechs to register for this opportunity, as long as their business ventures will serve the Tanzanian market. The Tentative date for Pre-FinDisrupt is 12th-13th October 2017. Do not miss out on this wonderful opportunity, Apply now!
In order for one to make it to the Bootcamp, FinTech’s which participated in the pre-bootcamp will have to submit a product idea as per the criteria provided. Based on the criteria, FSDT will select 15 teams to participate in the Bootcamp. These FinTechs will be involved in exciting working, learning and mentorship sessions which help them sharpen their ideas. The session will support the teams to shape their ideas and build bankable solutions in the market. The Tentative date for this event is 12th-18th November 2017.
Only Seven (7) successful FinTechs from the Bootcamp will make it to the acceleration program which is one step to the expected funding. The acceleration program is very instrumental in shaping the product before launch. It is for this reason that FSDT will connect the FinTech teams with global FinTech and financial sector leaders in shaping the product before the soft launch. We believe that with the right guidance, the FinTech’s will be best placed to launch their product in the market, as well as receive significant investments. The Tentative date for Acceleration is 20th November 2017-20th January 2018.
All seven FinTechs will be eligible to participate in The Huddle. Out of these seven FinTechs, only three successful FinTechs based on evaluation will be selected for funding during The Huddle. Available funding for the top three teams will be announced during the Pre-Bootcamp phase. To learn more about The Huddle Click here.
NOTE: FOR A PARTICIPANT TO RECEIVE ANY FUNDING THEY HAVE TO GO THROUGH ALL THE OUTLINED PHASES.
Contact: Victor Kyando | + 255 222 602873/5/6 | firstname.lastname@example.org