Frequently Asked Questions

• Your application will be strictly confidential, shared only with members of the i3 team and under confidentiality and non-disclosure agreements with selection committees.
• If you are shortlisted or selected for the program, we ask you to not publicize this fact until a date set by our communications team. Once companies have been admitted to the program, i3 may publicize your involvement through communications channels including but not limited to the program’s website, websites of program partners, social media platforms of program partners as well as other public communications channels.

• If you believe your  products / services contribute to bringing quality health products closer to African users at an affordable price point, we suggest you apply to the program and put emphasis on synergies between i3 and your value proposition.

• Eligible organizations will be Africa-led, operated and owned. We define this as having an African national with long-term control and management of the business, an equity stake, and an active role in both strategic and day-to-day decision-making. The organization does not necessarily need to be headquartered in Africa. Non-profits, consultancies, intermediaries, and consortiums are not eligible.

Key components of the questionnaire include:

1. Company Registration or Incorporation Information: This contains incorporation/registration details, address, primary contact persons of the company and their contact details - Supporting documents: Certificate of incorporation; and Memorandum and Article of Association (MEMART) or its equivalent.
2. Details of the management team: Details of senior executives on the management team of the company, their roles, contact details, email addresses and links to their LinkedIn profile.
3. Financial management and accounting systems: brief descriptions of the company’s financial management and accounting systems, existing policies and controls in place for tracking financial transactions; and brief information on experience with managing donor funds.
4. Ethical conduct/legal proceedings: Details on previous or existing legal cases including fraud, bribery and corruption as it relates to the company or members of its management team.
5. Certification: Completed and signed statement validating the authenticity of all information in the due diligence form; Confirmation of no direct and/or indirect involvement in any form of fraud, bribery, corruption and financing of money laundering and terrorism.

• To be eligible to the program, the startup must be in the early or growth stage as defined below:

1. Early-stage – You must have clearly defined your market, validated customer demand, developed a working prototype and product map and begun to generate revenue, with a strong plan to scale and sustain growth.
2. Growth Stage – You must have strong, well-defined revenue model, sales, and operational capabilities. Your Products and service must be primed to scale, and customer acquisition costs must be declining. You must have evidence of customer acceptance of your products (reflected in sales volumes, beyond early adopters).

• Nascent/idea-stage companies or mature companies (e.g. mature incumbent distribution businesses) are not eligible.

• While the absence of clear revenue data will not result in an automatic disqualification, applications will be required to provide evidence on validated customer demand and a developed a working prototype with a strong plan to scale and sustain growth.