RFP - Technology-based Startups Accelerators
As part of Microsoft South Africa’s Broad-Based Black Economic Empowerment initiative, the company is launching its third Equity Equivalent Investment Programme (EEIP) to support the growth of black-owned and black women-owned SMMEs, stimulate job creation, and prepare South Africa for the future of AI. Over the next decade, the programme aims to empower nearly 250 SMMEs and startups by providing them with essential digital tools and skills for growth. Additionally, it seeks to equip around 50,000 TVET college students with relevant digital skills and tools, and to train over 2,000 young individuals in advanced AI skills crucial for employability. Furthermore, Microsoft South Africa’s EEIP will support up to 20 advanced research and development projects that address the nation’s current and future policy needs in critical areas such as Cyber Security and AI.
The Technology-based Startup Initiative is focused on investing in Black-owned South African startup businesses, encompassing areas such as Software, Digital Services, Security, and other digital technology-oriented areas. The Initiative's objective is to propel these businesses into the next stage of their development.
Microsoft is looking for qualified Black South African owned Startup Accelerators who can deliver due diligence and gap analysis as well as ongoing business and investment planning for Startups joining the Programme. Successful respondents will contribute to the growth of these startups and the achievement of key development milestones and play a crucial role in South Africa's growing tech sector.
Please fill in the form below to register your interest in being considered as a potential supplier to the Microsoft Equity Equivalent Investment Programme Technology Based Startup Initiative.