Fintech Innovation Programme to give $10,000 grants each to 15 startups in Rwanda




Nigeria’s Co-creation Hub, in collaboration with Google, Mojaloop Foundation, and the government of Rwanda, have launched the Fintech Innovation Programme. The programme was unveiled on Saturday, December 11, 2022 at the Hanga Pitchfest 2021.

Fintech Innovation Programme is one of the initiatives designed to accelerate Rwanda’s digital transformation in order to drive inclusive economic development by leveraging technology as well as fostering a pan-African innovation ecosystem.

As part of this project, CcHUB will be supporting early-stage fintech startups and innovators (with at least an MVP) through an incubation program. There will be two cohorts of 15 startups over the course of the year, with a $10,000 grant to each selected company.

In addition to the support and access to Mojaloop and Google resources, the incubation programme will create the opportunity for selected companies to receive further investment through the project partners’ investor networks.

The call for application opened in December and will be closing on January 20th, 2022. Eligible startups can submit their applications here.

Eligibility Criteria:

  • The startup must be headquartered and/or operating  in Rwanda.
  • An already launched product in the market or at least an MVP
  • A registered business that has been in  operation (since launch date) for at least 6 months
  • At least one full time and dedicated founder

Co-creation Hub (CcHUB) launched Nigeria’s first open living lab for technologists, entrepreneurs, tech companies, investors and hackers in 2010 to accelerate the application of social capital and technology for economic prosperity.

The hub has since expanded to include an umbrella of pan-African innovation enablers that includes the CcHUB Design Lab in Rwanda iHub and eLimu in Kenya, Growth Capital by CcHUB and CcHub Syndicate.

All CcHUB companies contribute to stimulating innovation and technology application towards achieving social impact across diverse sectors including education, public health, digital security and governance.

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