This archive report was first published on 16 July 2021.
On July 16, 2021, DFS Lab, in collaboration with the Stellar Development Foundation (SDF), launched a call for applicants for a Blockchain Bootcamp. The bootcamp is designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
The three-day design sprint will allow participating companies to answer critical business questions with hands-on technical support and guidance from DFS Lab and SDF. Companies will define a problem, storyboard a solution, and develop a rapid prototype of their innovation.
Interested fintech companies, blockchain native companies, and crypto-curious companies operating in Africa and looking to advance existing services or embed digital asset solutions into their models for the first time are encouraged to apply before August 20, 2021.
"We are excited to see what role blockchain can play in the future of digital commerce in Africa from cross-border payments to financial inclusion, and we’re excited to offer this opportunity for startups to see where the Stellar blockchain network can benefit them," said Jake Kendall, Partner at DFS Lab.
The most promising solutions will be awarded prizes from $5,000 to $20,000 in USDC. There will be opportunities for follow-on funding for additional grants, including potential investment from SDF’s Enterprise Fund and other investors who will be present at the demo day.