‘Daikin -Samurai Incubate Africa Ideathon’ is an initiative by the leading multinational AirConditioning brand DAIKIN and African early stage VC - Samurai Incubate. The Ideathon aims to find the 10 most innovative startups across Africa who are keen to partner and expand their business with Japanese partners. The startup holds a chance to get in a partnership with Daikin and an exciting chance to get funded by Samurai Incubate Africa.
In Africa, Daikin is interested in trying a completely new and innovative method to sell their products (such as pay-as-you-go/subscription payment model, securitization of the items and etc.) to allow ACs to be beneficial and installable for as many households/commercial properties/buildings as possible.
In fact, the quality of Daikin’s products is absolutely appraised worldwide without a question, but in addition, the company has strong know-hows for capacity building of local engineers for installment/repair/maintenance of ACs, and therefore strongly wishes to contribute to job creation and empowerment of African people as well.
Samurai Incubate Africa Inc., a Japanese venture capital firm focusing on investment into African startups, will co-organize ideathon with Daikin to find a great company to be invested in.
Are you operating in Africa, looking to find a Japanese partner to scale your business? This is an exclusive opportunity to introduce your company to a Japanese investor and the world’s largest AC company from Japan.
|Oct20 – Nov20||Application period|
|Oct25 – Nov25||Selection process / reviews / interviews|
|Nov10 – Nov 30||Participants announced
-Flamework of the discussion to be used during the ideathon will be provided from Samurai Incubate Africa Inc after the notification to the participants.
|Dec 10-11||Ideathon with Daikin and Samurai Incubate Africa to discuss what’s the best collaboration between you and Daikin in order to
-scale your business growth
-support Daikin’s business growth in Africa
Pitch Event in the evening of December 11 and a winner will receive investment from Samurai Incubate Africa