Tech in Africa
5 startups have graduated from a 4-month business development program run by Orbit Innovation Hub as part of the Mastercard Foundation’s Young Africa Works initiative, where each startup received a $5,000 grant. Qualifying startups were Gebeta, Tena, Medket, Temaribet, and New Era Research and Development.
Two of the startups, Tena and MedKet are developing innovations in the health sector. 15 entrepreneurs graduated from the first cohort where Orbit Innovation Hub remains one of the few health inclined hubs targeting entrepreneurs working in the health sector.
In this 4-month program, startups receive support, training, expert consultation, mentorship, legal and admin support, and coaching on technical and support skills. This is in addition to seed funding and continued traction from the Orbit Innovation Hub post-graduation.
Alemayehu Konde, MasterCard’s Country Head pointed out how the foundation’s full commitment to enabling the full potential of businesses that drive transformation and creative work. Tena, a healthtech startup will provide a web and mobile app platform that parents receive medical consultations for their children, same as doctors irrespective of their geographical location.
MedkET is a digital scheduling platform assisting healthcare institutions in effectively allocate tasks to their employees. The platform minimizes bureaucratic redundancy so healthcare professionals can dedicate their full time to patients improving the quality of care.
Temaribet, an edtech platform looks to make learning fun for its students through a platform where they could access lectures in Afaan, Tigrigna, English. and Oromo. Gebeta is an online food and delivery platform bringing together clients and restaurants to order remotely. The platform was formed primarily by university students unable to order food during classes and study. The Orbit Innovation Hub is working towards partnering with the MasterCard Foundation and incubate 15 companies while creating 200 jobs in its pilot program.
Orbit Innovation Hub Graduates and Funds Five Startups by @ShegaHQ https://t.co/GXBy5Q5vfW@paziont @ghabtewold @MastercardFdn @SYasabu @antenehtesfayee #DigitalHealth #African #Ethiopia #AddisAbaba
— Orbit Innovation Hub (@Oinnovationhub) August 6, 2021
