Africa Startup Initiative Accelerator Program

The Africa Startup Initiative Program is a program founded by Moh Damush, Telecel Group CEO as a CSR activity. Telecel Group then partnered with Startup bootcamp AfriTech to create the ASIP Accelerator Program which contributes in a meaningful way to the African community to help the young Startups in Africa whose innovative ideas are creating a difference in their communities.

Starting in 2017, the first SBC AfriTech program accelerated 40 incredible African startups that have set an incredibly high bar for the next program.

• 88% are still operating and scaling at impressive rates
• 50% of our startups are self sustaining based on the commercial contracts
• The average increase in valuation for startups raising capital is 4x- 10x post-Demo Day

About Startup bootcamp AfriTech

Startup bootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. We run world-class accelerator programs, working with some of the most disruptive startups on the continent. We provide access to our global network of corporate partners, investors, and mentors.

Benefits of joining the programme

• 3-Month Program – An intense 3-month program designed to support entrepreneurs scale their industry-changing technology businesses.
• Master classes – Expert-led sessions covering all scaling fundamentals – from business model canvas, lean methodology to fundraising
• Corporate Partners – Connections to the leading corporates in your industry (Old Mutual, Nedbank, PwC, RCS, BNP Paribas and several others) for pilot projects, partnership opportunities, and as customers
• Global Network – Unmatched access to a global network of mentors, corporate partners, industry experts, and alumni across 40+ countries
• Tailored Mentorship – Over 1,500 carefully selected mentors who provide hands-on support and valuable introductions
• Co-working Space – Free desks for your entire team in a dynamic co-working space for the duration of the 3-month program and 3 months post program.
• Living Expenses – €15K in cash per team to cover any expenses during the program
• Perks & Discounts – More than €500K+ in exclusive partner deals with leading technology providers such as Amazon, HubSpot, SendGrid, and others
• Alumni Growth Program – Continued post-program support far after the 3-month program through annual alumni-only events, deals and tailored introductions
• Industry Events – Exclusive opportunities to take part in leading Commerce conferences and events
• Investor Access – Meet the most active VCs and Angel investors in your industry from around the world
• Demo Day – A day to celebrate your achievements during the program with 400+ investors, corporates, mentors and press attendees

For more information: https://www.startupbootcamp.org/accelerator/afritech-asip/

Application deadline: November 11, 2022