The objective of this public-private partnership between USAID and Microsoft is to foster business innovation and entrepreneurship, build people-to-people ties, and respond to global challenges by using ICT. Through workshops and a business proposal competition, iMULAI helps contestants bring their ideas to fruition and seeks to find the best business innovations that have the potential to succeed in the marketplace. iMULAI 4.0 focuses on ICT for development, encouraging women’s participation, and, in the interests of sustainability, identifying a host to continue iterations of the competition after USAID’s funding has ended. Each of the ten winners will receive up to $300,000 as part of Microsoft’s BizSpark program for IT startups, software to support their businesses, and participation in special boot camps to help them develop their business innovations. In addition, winners will have the opportunity to present their plans to a group of local and global venture capitalists.
iMULAI 4.0 is the fourth round in this public-private partnership between USAID and Microsoft.
|Value||USD 642 Thousand|