Merck has started its equity-free accelerator programme for digital health startups in Nairobi, Kenya. With this step, Merck takes the programme’s presence to a global level. Currently, the company is also globally kicking off the application period for the second round of its accelerator programme in Germany. Both programmes are first steps for the accelerator to become a global platform.
The three-month programme will support three startups in the field of digital health with working space at the Nairobi Garage, an equity-free funding of $15,000 as well as opening the doors to Merck’s global network of experts for ongoing coaching and mentoring.
The three-month programme in Germany comes with an equity-free funding of 25,000 euros, regular coachings and office space at the Merck Innovation Centre at the headquarters in Darmstadt. Both programmes are going to be strongly connected in terms of expertise and knowledge exchange to grow a global Accelerator network.