The UK-based grant-making foundation, Indigo Trust, has awarded a grant of $30,000 to the Ethiopian tech innovation hub, xHub.
The grant will help Xhub drive growth in the country’s tech community and contribute towards its core costs, reports Disrupt Africa.
“Rising numbers of IT graduates in the country are looking to establish themselves and their start-ups in Addis, and xHub will help them achieve this,” Indigo Trust said in a news release on its website. “Indigo’s funding of £20,000 will go towards the hub’s core costs.”
The xHub will act as a place for IT entrepreneurs to convert their idea into a product or company, by providing mentorship, training, ICT access and testing facilities and networking opportunities.
Indigo Trust prioritizes innovative projects that utilise information technologies to support development outcomes in several sectors including health, education, human rights and agricultural spheres.
Earlier in 2015, Indigo Trust awarded similar £30,000 grant to Nigeria’s community fitness startup, Truppr towards its Kenyan expansion.
Image: Indigo Trust
