The Migration Entrepreneurship Prize launch startup applications for second cohort

GLOBAL • TECHNOLOGY

The Migration Entrepreneurship Prize launch startup applications for second cohort

Seedstars Global

APRIL 25, 2022

GENEVA, Switzerland, April 25, 2022 -- The Migration Entrepreneurship Prize, a program designed for socially driven startups with a mission to enhance the inclusion of migrants in the Middle East and Africa, opens its applications once again for its second cohort. Applicants can sign up here before the 28th of May 2022: https://seedsta.rs/phrd2022

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In a partnership between Seedstars and The Peace and Human Rights Division of the Swiss Federal Department of Foreign Affairs (FDFA), the initiative aims to strengthen and support areas prone to strong migration movements such as the Middle East and Africa by addressing the root causes of irregular migration and strengthen the socio-economic rights of migrants.

After the success of its first cohort where 20 startups were selected for solutions that range from financial services, education, health, and more, the Migration Entrepreneurship Prize is back once again to scout for socially-driven businesses on a mission to enhance economic inclusion of migrants. The program will focus on sourcing entrepreneurs from sub-Saharan Africa, North Africa, and the Middle East.

Startup applicants hailing from Africa and the Middle East must fit the following criteria:

  • Startups tackling the positive benefits of migration and reducing the vulnerability of migrants;
  • Social-driven businesses alleviating the pressure of populations along migration routes; and,
  • Entrepreneurs proposing products/services targeting migrants directly.

The Migration Entrepreneurship Prize is also launching a special Tunisia track to provide more specific support to Tunisian entrepreneurs joining the program. The criteria are as follows:

  • Migrants living in Tunisia - migra-preneurs who launch a business that targets migrants;
  • Tunisians who have lived abroad and returned to Tunisia launching their business idea; and,
  • Any innovative business-having activities in Tunisia or being incorporated in Tunisia that has the potential of positively harnessing the benefits of migration.

Additionally, the startups must be seed-stage startups with a Minimum Viable Product (MVP) and initial user traction operating in Africa or the Middle East.

The eligible startups must tackle the positive benefits of migration and reduce the vulnerability of migrants by improving their livelihoods and contributing to their social and economic rights, thereby reducing the pressure for irregular dangerous migration routes.

Interested applicants that fit the requirements could apply to the program before the 28th of April 2022. Only 20 startups will be selected to join the Seedstars Investment Readiness Program (15 startups from Africa/MENA and 5 startups from Tunisia) and will be given access to the Seedstars network of partners, mentors, and investors.

To apply and learn more about the Migration Entrepreneurship Prize, visit the page here: https://seedsta.rs/3K2KGgU

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ABOUT SEEDSTARS

Seedstars is a Swiss-based private company with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 90 emerging ecosystems through a variety of initiatives such as the Online Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities. Seedstars The Documentary is a feature film featuring the company’s vision to give a voice to the game changers of the developing world.

"They tried to bury us, they didn’t know we were seeds." - Mexican proverb

ABOUT THE FDFA’s PEACE AND HUMAN RIGHTS DIVISION (PHRD)

The FDFA's Peace and Human Rights Division (PHRD) is responsible for the promotion of peace and human rights as set out in the Federal Council’s foreign policy strategy. It focuses on the security of the individual and protecting people against violence, war and acts of arbitrary treatment. The PHRD is part of the State Secretariat.

CONTACTS

Programme

Adaeze Zita Edokwe

[email protected]

Sidi Saccoh

[email protected]

Media

Michaela Villaroman
[email protected]

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