New Grant for ActivSpaces

Awarded on 18 May 2011

Cameroon

Information and Communication Technology

Grant amount £10,008.96

ActivSpaces in Cameroon provides ‘an open space for technologists, investors, tech companies and local innovators’ to get together, discuss and collaborate. Business incubators such as this provide homegrown tech talents and entrepreneurs with a much needed opportunity to get their ideas off the ground. Innovative companies such as Kenya’s mobile money platform, M-Pesa, show that good ideas really can take root and succeed in Africa given the right circumstances and support.

Combining professional office facilities, a sound infrastructure and those all important contacts to tech companies and investors, ActivSpaces fulfills a genuine need in Cameroon. 100% self-financed by its members, the organisation runs a centre in Buea and organises a fellowship programme to connect international entrepreneurs with local innovators, as well as a partnership and mentoring programme currently being developed with the Cameroon Professional Society in Washington D.C. In view of their stirling work, we’re delighted to announce a new grant totaling £10,008.96 to help with ActivSpace’s running costs. The money will go towards the salary of a new community manager to guide ActivSpaces as it continues to grow, as well as covering the costs of much-needed hardware and software and promotional materials to help spread knowledge of ActivSpaces’s work. We’ll be keeping in touch over the coming weeks and months and will keep you updated on their progress.