Accelerate Africa Program for African Startup – Cohort 3

0
154
Accelerate Africa Program for African Startup

Deadline: January 7, 2025

Accelerate Africa is a pre-seed / seed stage accelerator program that accelerates bold and visionary founders turning our collective challenges into global businesses, providing the client intros, resources, advisors, and networks to get you on a path to $1m in revenue within 18 months of completion. We run multiple cohorts per year for up to 10 startups over 11 weeks, selecting startups from across the African continent to get support in areas such as storytelling, team development, go-to-market, product development, and fundraising.

Accelerate Africa Program for African Startup We believe founders who can turn Africa’s biggest challenges into global businesses come in a variety of backgrounds, abilities, languages, genders, ages, ethnicities, and more. This is why 40% of founders we have worked with are women, range in age from their 20’s to their 60’s, and come from and work in over 10 African countries.

 Areas of Support

  • Storytelling – craft a compelling mission, vision and story of impact
  • Talent – assemble, motivate, and lead a high performing team
  • Business Development – find your path to the first million dollars in revenue
  • Product Development – build a product that your customers can’t live without
  • Fundraising – fundraise from the world’s best investors on demo day

Benefits

  • First – we will accept 10 founders who will receive support from 2 of the top founders and investors in Africa
  • Second – Our program is designed to meet your needs as a founder in Africa, whether it be workshops across our 5 core areas, coaching sessions from our top advisors, or tech, legal, and finance clinics support through our clinics and office hours. Build community with other founders in fireside chats, join in person for welcome week and again for the final week where we prepare you ahead of the demo day
  • Finally, unlike most accelerators, they do not offer funding or take equity upon admittance. Their fund Future Africa may invest alongside their other incredible investor network, to write you a pre-seed or seed stage check of $250,000 – $500,000 after the program, following their standard investment process including due diligence and an IC vote. There will also be a standard deal offered by Accelerate Africa, with no requirement to take it

Eligibility

  • Passionate about solving a real problem and have the track record or traction to prove it
  • Deep understanding of their customers and consider it their life’s work to serve them
  • Lived experience of the problem, driving them to build a business that seems impossible until it’s done

For more information, application and startup nomination.

LEAVE A REPLY

Please enter your comment!
Please enter your name here