Mastercard Foundation EdTech Fellowship Program 2024

Mastercard Foundation EdTech Fellowship Program 2023
Mastercard Foundation EdTech Fellowship Program 2023

Applications are being accepted from suitably qualified applicants for the Mastercard Foundation EdTech Fellowship Program for young South Africans, which aims to improve learning outcomes in the country.

The Mastercard Foundation EdTech Fellowship is a specialized venture support program for EdTech companies addressing pressing challenges in education in South Africa through technology and innovation.

Fellowship Sponsors: Mastercard Foundation and EdTech

Program Type: Undergraduate Fellowship

Program Location:  South Africa

Program Duration: 7 Months

Available Slot: Several

Basic Qualifications: Not specified

Application Deadline: 19th March 2023

Nationality: South Africans

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Eligibility Criteria For The Mastercard Foundation EdTech Fellowship 2023.

The typical Mastercard Foundation EdTech Fellowship Program participant fits the following profile:

  • Has a technology-enabled solution to improve educational outcomes in South Africa, preferably supporting learners in pre-primary (ages 0-5), primary and secondary (ages 5-18), and/or teacher training and professional development.
  • Following revenue (annual turnover likely to exceed R1,000,000); Within one year of program participation, the program has the potential to reach 8,000 direct learners.
  • With a focus on South Africa, this paper addresses a significant market opportunity.
  • Characterized by a high potential for influencing positive social outcomes in education.
  • Has recently raised or is in the process of raising a seed round of funding, or has demonstrated comparable maturity.
  • We’re especially excited to support inspiring female founders and leadership teams, who are led by a diverse team with a strong understanding of the context in which they operate.

Fellowship Benefits

  • Over R1,000,000 in equity-free venture capital has been provided.
  • Hands-on assistance from experts in education innovation, fundraising, impact M&E, commerce, and other fields.
  • EdTech Impact and Education Alliance Finland conducted pedagogical evaluation and certification.
  • Injini Think Tank’s team of education innovation researchers provides bespoke market research support.
  • “Sponsored skills” will be used to temporarily fill identified gaps in each team with the goal of building capacity for long-term success.
  • Exposure and growth in new markets, including opportunities for travel and speaking at ecosystem events.
  • Training and personalized coaching from Carnegie Mellon University faculty members – a global leader in education technology and applied learning sciences.
  • Contributing to a growing body of evidence demonstrating “what works” in African EdTech.

Application Methods

How to Apply: Interested candidates should fill out an online application and submit it along with all necessary materials before the application deadline for the Mastercard Foundation EdTech Fellowship 2023.

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