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The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent.
Silicon-Valley based VC firm 500 Global and German’s economicdevelopment agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.
The traditional economicdevelopment approach uses static and reactive metrics – the number of jobs created, capital investment dollars, and companies recruited – on an annual basis. This information helps inform the global campaign for the following year.” – Ellen Bateman. Metrics do that. Buddy Palmer.
NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. From 2020 to 2022, Plug and Play was the most active startupaccelerator in the world, according to CB Insights.
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