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April 15, 2025

Venture Meda: Job Creation through Incubation and acceleration in Ethiopia.

Politic

By

Addis Insight

Venture Meda, a transformative initiative launched in partnership with the Mastercard Foundation, the Ministry of Innovation and Technology, and iceaddis, continues its mission to foster job creation and economic growth in Ethiopia. Through innovative incubation and acceleration programs, Venture Meda is set to create sustainable job opportunities by supporting young entrepreneurs and expanding digital entrepreneurship across the country.



Building on its previous successes, which included supporting of 40 e-commerce start-ups and direct job opportunities for over 12,000 individuals, the project continues to help local digital entrepreneurs scale their businesses and improve their digital capabilities.



The program also offers connections with local and international investors, empowering micro, small, and medium-sized enterprises (MSMEs) to join the growing digital economy.



Following the success of the first two cohorts, Venture Meda is excited to announce the selection of eight innovative start-ups for its third accelerator cohort. These ambitious businesses are poised to reshape their industries through digital entrepreneurship, tapping into Ethiopia’s growing online marketplace.



“We are excited to welcome the new startups to our third cohort of Venture Meda,” said Lensa Kebede, Project Lead at Venture Meda. “Every cohort is different, coming from different industries and different calibers. But they all have one thing in common, and that is to be heard, connected, and to grow. And iceaddis thrives to meet those expectations and create a meaningful, lasting partnership with startups.”



The selected startups will participate in an intensive program that includes mentorship from industry experts, workshops on business development and digital marketing, and opportunities for funding. By equipping them with the tools they need to grow and succeed, Venture Meda is continuing its commitment to fostering sustainable, digital-led job creation in Ethiopia.



The third Venture Meda accelerator cohort consists of the following exciting startups:



These startups will join the Venture Meda accelerator program, receiving the support they need to scale and make a lasting impact on Ethiopia’s growing digital economy.

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