Application Due Date: November 20 th 2019

‘Daikin -Samurai Incubate Africa Ideathon’ is an effort by the leading international AirConditioning brand name DAIKIN and African early phase VC– Samurai Incubate. The Ideathon intends to discover the 10 most ingenious start-ups throughout Africa who are eager to partner and broaden their organisation with Japanese partners. The start-up holds a possibility to get in a collaboration with Daikin and an interesting opportunity to get moneyed by Samurai Incubate Africa.

In Africa, Daikin has an interest in attempting a totally.
brand-new and ingenious approach to offer their items (such as.
pay-as-you-go/ membership payment design, securitization of the products.
and etc.) to permit Air conditionings to be advantageous and installable for as numerous.
households/commercial properties/buildings as possible.
In reality, the quality of Daikin’s items is definitely assessed.
worldwide without a concern, however in addition, the business has strong.
knowledge for capability structure of regional engineers for.
installment/repair/maintenance of Air conditionings, and for that reason highly wants to.
add to task production and empowerment of African individuals too.

Samurai Incubate Africa Inc., a Japanese equity capital.
company concentrating on financial investment into African start-ups, will co-organize.
ideathon with Daikin to discover a fantastic business to be purchased.

Are you running in Africa, aiming to discover a Japanese partner to scale your organisation? This is an unique chance to present your business to a Japanese financier and the world’s biggest A/C business from Japan.

ELIGIBILITY REQUIREMENTS

  • Your business is for-profit and signed up as an independent legal entity;-LRB- ****************).
  • You have a services or product readily available on the marketplace and produce profits in the following organisation domains;-LRB- **************).
  • Fintech (Daikin has an unique interest in teaming up with start-ups having mobile money/banking/payment/ providing options)
  • E-Commerce
  • Home Tech/ Realty Tech
  • Tidy Energy
  • Air Tech
  • Your services or product is developed for scale;-LRB- ****************).
  • You have a really strong management group of a minimum of 2 individuals;-LRB- ****************).
  • Your business is based in or preparing to broaden into several.
    nations on the African continent where there is a need for air.
    conditioners;-LRB- ****************).

  • You are looking for a chance to be a prospective African partner for.
    scaling your organisation along with Daikin’s organisation penetration in.
    Africa by cooperation and collaboration;-LRB- ****************).

    Advantages:

    • All-expenses-paid journey (air ticket, lodging and visa for as much as 2 members of your group) to Nairobi on Dec 9-12, 2019
    • Winner at the pitch occasion will have best to get financial investment of $100,000-150,000 from Samurai Incubate Africa Inc.
    • A couple of individuals proposing terrific concepts of Daikin’s prospective sales growth throughout the ideathon will be welcomed to a committee in early 2020 in order to talk about collaboration in between the celebrations even more in information. As soon as the collaboration is concurred and authorized, you can start Proof-of-Concept (POC) of such concept with spending plan totally covered by Daikin.

    What to Anticipate

    If you are picked as an individual start-up, you are anticipated to:

    • Prepare to describe why you might be a fantastic African partner for.
      Daikin and how your item/ service can support Daikin’s organisation.
      growth
    • Be prepared to take a trip to Nairobi in the duration of December 9-12, 2019 to go to the occasion.
    • If you are needed a visa to take a trip to Kenya, take essential.
      treatments and obtain a visa prior to flying to Kenya. The visa charge will.
      be compensated from us.

    TIMELINE

    Oct20– Nov20 Application duration
    Oct25– Nov25 Choice procedure/ evaluations/ interviews
    Nov10– Nov 30 Individuals revealed
    – Flamework of the conversation to be utilized throughout the ideathon will be.
    offered from Samurai Incubate Africa Inc after the alert to the.
    individuals.
    Dec 10-11 Ideathon with Daikin and Samurai Incubate Africa to discuss what’s the very best cooperation in between you and Daikin in order to
    – scale your organisation development
    – assistance Daikin’s organisation development in Africa

    Pitch Occasion at night of December 11 and a winner will get financial investment from Samurai Incubate Africa

    For More Details:

    Go To the Authorities Web Page of the Daikin -Samurai Incubate Africa Ideathon 2019

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