CATAPULT: Inclusion Africa Program 2020 for Fintech startups

CATAPULT: Inclusion Africa is a fully-funded week long bootcamp for companies that are aiming to develop financial inclusion in Africa. CATAPULT will cover all transport and accommodation costs, and the program itself is free – sponsored by PwC Luxembourg, the Luxembourg Government, and supported by a long list of partners.

CATAPULT: Inclusion Africa 2020 Bootcamp follows on from the success of the first Catapult Inclusion Africa Bootcamp, organised in November 2018, where 11 selected African Fintechs benefited from a tailor-made programme aligned with the sustainability goals of Luxembourg’s financial centre with the aim for the Fintechs to develop their businesses and achieve their inclusion goals.

CATAPULT: Inclusion Africa 2020 is back with a 1 week training and networking Bootcamp, hosted in Luxembourg between 1st and 8th March 2020, for 12 Fintech firms working to improve financial inclusion in Africa. The program is run in English. Travel and accommodation costs for the participating Fintech companies will be covered.

The principle aim of CATAPULT Africa is to provide support to promising Fintechs for Financial Inclusion startups and help them move to the next stage of their development in Africa and in Europe.

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Parallel to the focus on startups, the bootcamp will support the promotion of Fintech for Financial Inclusion topic to the broader Responsible Finance sector in Luxembourg and beyond, to include PFIs, MFIs, Fund Managers,
Philanthropists, Advisory and Support firms. The goal is to highlight and promote synergies, collaboration and potential partnerships between the participating Fintechs and these institutions.

Finally, the bootcamp aims to promote and draw attention to the importance and value of Fintech for Financial Inclusion, through local and international media exposure, with the goal of focusing broad attention to the initiatives that are driving positive change in Africa.

Selection criteria

The firms selected to participate to the programme will be operational, likely in the seed to Series A stage. However, each application will be assessed individually for promise and with consultation with our sponsors.

CATAPULT Inclusion Africa expect the majority of the selected firms to be based in Africa, but firms targeting Africa from other geographies, particularly from the EU, may also apply.