The Injini/Mastercard Foundation EdTech Fellowship Program for South African edTech Startups

The Injini/Mastercard Foundation EdTech Fellowship Program for South African edTech Startups

The Mastercard Foundation EdTech Fellowship Program is an EdTech specialised venture support program uniquely designed for high-growth and high-impact companies addressing pressing challenges in education in South Africa through technology and innovation.

The EdTech Fellowship Program specifically focuses on the following three key objectives:

Facilitate market access with a lens to increase reach to beneficiaries at the “bottom of the pyramid”;

Design and implement, or refine, impact measurement, monitoring, and evaluation systems; and

Improve financial sustainability, including investment readiness support, where appropriate.

Eligibility Requirements

The typical participating EdTech company in the Mastercard Foundation EdTech Fellowship Program fits the following profile:

Has a tech-enabled solution designed to improve educational outcomes in South Africa, preferably supporting learners in pre-primary education (ages 0-5), primary and secondary education (ages 5-18) and/or teacher training and professional development;

Post-revenue (annual turnover likely exceeding R1,000,000);

Has the potential to reach 8,000 direct learners within one year of program participation;

Addresses a substantial market opportunity, with a focus on South Africa;

Characterised by a great potential for creating positive social impact on educational outcomes;

Has recently raised or is in the midst of raising a seed round of funding or has demonstrated that their maturity is at a comparable level;

Led by a diverse team with a strong understanding of the context in

which they operate – we’re especially excited to support inspiring female founders and leadership teams.

Benefits Include:

​Equity-free venture funding of over R1,000,000;

Hands-on support from specialists in education innovation, fundraising, impact M&E, commerce and more;

Pedagogical evaluation and certification by EdTech Impact and Education Alliance Finland;

Bespoke market research support by the Injini Think Tank’s team of education innovation researchers;

« Sponsored skills » to temporarily fill identified gaps in each team with the intention to build capacity for long-term success;

Exposure and growth in new markets, including travel and speaking opportunities at ecosystem events;

Training and personalised coaching from faculty members of Carnegie Mellon University – a global leader in education technology and applied learning sciences; and

Contributing to a growing body of evidence documenting « what works » in African EdTech.

How to Apply

For more information and job application details, see; The Injini/Mastercard Foundation EdTech Fellowship Program for South African edTech Startups

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