Team Shega
Addis Ababa, Ethiopia
Venture Meda, a local support program for high-growth e-commerce businesses, has selected seven startups for its second cohort.
Launched by the Mastercard Foundation in partnership with the Ministry of Innovation and Technology and iceaddis in 2022, the program aims to create 100 e-commerce startups and benefit thousands of small businesses through its incubation and acceleration initiatives.
In its first cohort, Venture Meda accelerated 11 startups, including Mogzit, Taywan, and Yetem Delivery.
The newly selected startups will embark on a program designed to help them scale their ventures and achieve success. “We are incredibly excited to welcome the new group of startups to Venture Meda,” said Lensa Kebede, project lead at Venture Meda.
Participants in the program will gain access to mentorship from industry experts, potential funding opportunities, and workshops covering business development and marketing.
The startups selected for the second Venture Meda acceleration cohort are:
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