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January 27 2017

$100K Opportunity for Early-Stage Developing-Market Fintech Entrepreneurs!

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DFS Lab is an early-stage incubator that supports high potential entrepreneurs refine, grow and launch fintech businesses in developing countries. Focused on empowering communities in sub-Saharan Africa and South Asia, DFS Lab delivers mentorship and strategic advice to early-stage start-ups pioneering transformative business models that empower the poorest, profitably and at scale.

We give the highest quality entrepreneurs access to extensive networks and relevant, world class advice on how to build successful ventures that change the way low-income consumers interact with digital financial services. Supported by the Bill and Melinda Gates Foundation, the initiative is housed at Caribou Digital, a specialist in building inclusive digital economies. Learn more about DFS Lab at www.dfslab.net and follow us on Twitter @TheDFSLab.

In April 2017, a select group of purpose-driven entrepreneurs will converge in South Asia (country TBD) for DFS Lab’s fintech bootcamp, bringing together smart, dynamic people who are building innovative products, services and technologies for low-income consumers. Using the Design Sprint Methodology, a process of structured brainstorming for answering critical business questions, you will go through a workshop to design, prototype and test new ideas. By creating quick prototypes, you can get actual feedback and see if there’s a real potential for the solution you’ve created.

This high-intensity program provides you with the very best hands-on support, guidance and mentoring to help bring your idea to life. The best ideas will receive grant funding of up to USD $100K and 6 months of additional support from the DFS Lab. The program runs for 5 days and includes flights, healthy meals, accommodation and fun!

We are looking for two-person teams who wish to launch a company or very early stage startups with less than USD $100K investment to date who wants to send two co-founders to our bootcamp. Your startup’s vision should be to create an innovative new technology to address one of DFS Lab’s priority areas.

Check out a video of our previous bootcamp experience in Dar es Salaam, Tanzania.

If you are passionate about solving problems faced by low-income consumers and believe you have what it takes, learn more and apply now!

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