About

About the Funding Organization: Established in 2010 and based in Kampala, Uganda, Hive Colab is an open, community-owned co-working hub dedicated to supporting young tech entrepreneurs. It offers digital entrepreneurs access to the internet, a professional working environment, and opportunities for collaboration, events, and development of innovative ideas. Hive Colab is recognized as one of Africa's pioneering innovation hubs, contributing significantly to Uganda's emerging digital economies. ? Funding Amount: Hive Colab provides financial support through its accelerator programs. For instance, the Hive Accelerator offers competitive peer-selected investment funding of up to $15,000 each for four startups in each cohort, provided in the form of equity or debt. ? Application Process: Interested entrepreneurs should visit Hive Colab's official website to view current programs and application details. Applications for the Hive Accelerator Program can be submitted online, with specific instructions and deadlines provided for each cohort.

Eligibility

• Eligibility varies by program. For the Hive Accelerator Program, applicants should:
• Be legally incorporated in Uganda with a founding team of Ugandan nationals.
• Be early-stage businesses intending to grow and scale significantly.
• Have a founding team of at least two members with diverse skill sets, with at least one member working full-time on the business.
• Have a minimum annual revenue of at least $10,000.
• Possess management accounts or audited books of accounts.