Apply for Africa Startup Initiative Programme 2022 for African Tech Startups. This program is specifically designed for tech-oriented startups looking to scale up through corporate and public sector partnerships. It is supported by anchor partner Telecel Group. Early-stage startups are scouted, skilled and scaled by ASIP through an intensive coaching and opportunities for pilots and proof of concept projects that open doors for longer-term commercial agreements. Africa Startup Initiative Programme (ASIP) 2022 for African Tech Startups. (EUR 15,000 In Cash Funding)
ASIP program is founded by Moh Damush, Telecel Group CEO. To create ASIP Accelerator Program, Telecel Group partnered with Startbootcamp AfriTech and this program contributes in a meaningful way to the African community to help young startups in African countries whose innovative ideas are creating a difference in their communities. The first SBC AfriTech program supported forty extra ordinary African startups that have managed to set an unbelievably high bar for the next program since 2017 as mentioned below;
- 90% are still operating and scaling at an incredibly impressive rate
- 40% have raised follow-on rounds of funding
- 50% of the startups raising capital have closed rounds at valuations more than ten times since the demonstration day.
Requirements For The Program
To qualify for this program, you must have a startup that;
- Is to be formally incorporated
- Has at least two (2) people working on the project and devoting at least 50% of their time to the project
- Has products or services being used by customers or clients
- Is generating revenues for the products or services
Reasons For Joining The Program
The program will have an intense period of three months designed to support entrepreneurs scale to their industry-changing technology businesses.
The sessions covering scaling fundamentals from business model canvas to lean methodology and to fundraising will be taught by experts.
You will get access to connections with leading corporates in your own industry for pilot projects, partnership opportunities and as customers.
Your startup will have unmatched access to a global group of mentors, corporate partners, industry experts plus alumni across more than 40 countries.
You will receive more than a thousand mentors who are carefully selected to provide hands-on support and valuable introductions.
You will also receive free desks for your entire team in a dynamic co-working space for the duration of the programs that run for three months depending on the pandemic.
Each team that is representing a startup will receive EUR 15,000 to cover their living expenses during the program.
Perks and Discount
Leading technology providers including Amazon, HubSpot, SendGrid and others will offer over EUR 500 in exclusive partner deals.
Alumni Growth Program
Startups will continually receive post-program support even after the three months through the annual alumni-only events, deals plus tailored introductions.
Participants with exclusive opportunities will take part in leading commerce conference and events.
You will also have the opportunity to meet the most active venture capitalists (VCs) and Angel investors from around the world.
This is a day to celebrate your achievements during the program. It includes over four hundred (400) investors, corporates, mentors and press attendees.
SBC launched an Accelerator Squared, a fully online platform which enables startups to access the complete library of content, during the Covid pandemic. This platform addedly offers group workshops, a one-to-one mentoring, collaborative sessions together with entrepreneurs in residence not forgetting invite-only discussion groups with founders from around the world.
This program begins in Dakar, leading into a physical Demo Day where startup founders pitch their solutions to an audience of media, investors, corporate partners and, industry stakeholders.
AWS, Google Cloud Services, HubSpot and many others will give credits to ten (10) startups and the ASIP Accelerator will also invest EUR 15,000 in cash to each of them. The deadline for the application for this program is January 28th, 2022. To Apply Click Here
You can visit the ASIP website using the link below for more information.