DFS Lab and the Stellar Development Foundation (SDF) have launched the second Blockchain Bootcamp for African startups.
Designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products, the Blockchain Bootcamp is a virtual three-day design sprint that allows participating companies to answer critical business questions with hands-on technical support and guidance from DFS Lab and SDF.
Companies will define a problem, storyboard a solution, and develop a rapid prototype of their innovation.
This is an exciting opportunity to support the blockchain-oriented ideas of African developers and startups, equip them with practical tools and education, and provide support to create viable solutions that fit local needs.
Benefits
$5,000 to $20,000 worth of XLM, Stellar’s native currency.
There will be opportunities for follow-on funding for additional grants, including potential investment from SDF’s Matching Fund and other investors who will be present at the demo day.
Eligibility
Eligible applicants include fintech companies, blockchain native companies, and crypto-curious companies operating in Africa, looking to advance existing services or embed digital asset solutions into their models for the first time and building the future of digital finance across the continent.
“We saw some impressive results from our Blockchain Bootcamp last year, with companies that participated in the Bootcamp still building on Stellar. We’re excited to offer this opportunity for even more startups to see where the Stellar blockchain network can benefit them. From cross-border payments to financial inclusion, we are interested to see what role blockchain can play in the future of digital commerce in Africa,” said Jake Kendall, Partner at DFS Lab.
“We’re supporting a new cohort of startups building the future of digital commerce in Africa in collaboration with DFS Lab. The energy and solutions we saw from participants last year were astounding, and demonstrated the importance of continuing to equip local builders with easy-to-use tools, education, and financial support. We’re committed to increasing financial access and inclusion by championing solutions rooted in local needs and expertise,” said Denelle Dixon, CEO and Executive Director of Stellar Development Foundation.
Click here for more details and deadline to send your application is on Friday, March 18, 2022.
