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Funding Opportunities

Funding Opportunities

Fast Accelerator 2023 Program

by Johnpaul Mbanefo on
Fast Accelerator

The FAST Accelerator program offers participants a unique opportunity to scale rapidly and sustainably. Fast Accelerator 2023 is an initiative of Flapmax in partnership with Microsoft. The program combines business development, technology integration, funding and community building opportunities to enable African startups to scale more rapidly and sustainably.

Eligibility Requirements for Fast Accelerator 2023

  • Startups must be based in Africa
  • Be ready to scale or expand within the continent
  • Have established product-market fit and generating revenue
  • B2B startups are prioritized
  • Healthcare, Fintech, Edutech, and Industrials/Agtech startups are specifically of interest. Sustainability and Deeptech are welcomed
  • Commitment: Participants must be committed for the entire duration of the program.

Benefits

  • The top startups selected from the virtual program will have the incredible opportunity to join us in Silicon Valley. This stage involves acceleration, networking, and raising funds, all while immersing yourself in the thriving startup ecosystem of Silicon Valley.

Other Program features

  • Mentorship and Business Coaching
  • Weekly Seminars & Progress Meetings
  • Pitch to Silicon Valley Investors and Experts
  • Build Relationships with Global Startups and Corporates

Fast Accelerator Timeline

  • July – August 2023- Review: FAST Accelerator team reviews top candidates to participate in the virtual bootcamp program.
  • August 2023- FA Bootcamp: Up to 60 participants will attend the “Fundamentals of Entrepreneurship” two-week online program.
  • October 2023- 5 Weeks in Silicon Valley: Up to 10 top participants from the bootcamp will embark on an all-expense-paid, 5-week Silicon Valley Training Program. The program will culminate with pre-arranged meetings with angel investors, venture capitalists, and potential trade partners.

How to Apply

Click here to apply and more details.

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Funding Opportunities

ASIP Accelerator Program Application

by Johnpaul Mbanefo on
ASIP Accelerator Program

Startupbootcamp AfriTech has opened applications for Cohort 4 of its ASIP Accelerator Program. The program aims to support the next generation of African Tech Startups disrupting major industry sectors!

The ASIP Accelerator Program is open to startups in various sectors, including but not limited to FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, GreenTech, Mobility, digitizing the informal economy, and empowering artisans.

They scout, skill, and scale early-stage startups through intensive coaching and opportunities for pilots and Proof of Concept projects that subsequently open the doors for longer-term commercial agreements.

Startupbootcamp 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. The SBC AfriTech portfolio currently has 60 African startups spanning 13 countries and operating in sectors that include FinTech, InsureTech, Logistics, Mobility, AgriTech and Digital Health.

With our support, 95% of SBC AfriTech alumni are still operational 2+ years after the program, and they have an aggregate valuation of nearly $1 Billion and  22% have female cofounders.

This cohort’s incredible partners include:

Dutch Entrepreneurial Development Bank (FMO): A leading impact investor that supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs.

Government of Senegal, through DER/FJ: A youth and women empowerment structure set up by the President of the Republic of Senegal. With the help of DER/FJ startups will gain public-sector knowledge and support which presents an opportunity to further scale their impact.

Eligibility Criteria for ASIP Accelerator Program

To be eligible for the program, your startup

  • Has to be formally incorporated
  • Has at least 2 people working on the project and devoting at least 50% of their time to the project
  • Has customers or clients using the products or services
  • Is generating revenues from the products or services

What to Expect

During the Covid pandemic, SBC launched Accelerator Squared as a fully online platform that enables startups to access the complete library of content, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the globe.

The ASIP Accelerator Program takes a hybrid format and begins in Dakar, culminating in a physical Demo Day where startup founders pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.

All 10 startups receive $18,000 in cash together with more than $750,000 in credits and exclusive partner deals from leading technology providers such as AWS, Google, GitHub, Firstbase, Miro, Hubspot and more.

Application Timeline

Applications close on September 8th 2023

Selection Days on October 18th – 20th 2023

Program begins November 13th 2023

How to Apply For ASIP Accelerator Program

Click here to apply and more details.

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Funding Opportunities

RevUp Women Initiative by AfriLabs

by Johnpaul Mbanefo on
RevUp Women Initiative

RevUp Women Initiative by AfriLabs is an enterprise development programme for early-stage women-led businesses in Africa. It is designed to accelerate these businesses into profitable & sustainable ventures that can stimulate the creation of jobs on the continent. The RevUp Women initiative aims to foster gender equality and inclusive economic growth through enterprise development training, mentorship, peer-to-peer learning and providing access to finance. This cohort is funded by The Visa Foundation. (more…)

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Funding Opportunities

WVL Nigeria Project Strategic Innovation Fund Application

by Johnpaul Mbanefo on
WVL Nigeria Project

The WVL Nigeria Project Strategic Innovation Fund (SIF) is a small grant designed to support innovative ideas and initiatives addressing women and girls’ rights issues from feminist organizations and/or women’s rights organizations or movements in Nigeria. The funding opportunity targets innovative ideas which can serve as a catalyst for new ways of doing things towards achieving gender equality and or women and girls enjoying their rights. (more…)

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Funding Opportunities

DevCareer Tech Program Application

by Johnpaul Mbanefo on
DevCareer Tech Program

DevCareer, a non-profit organization, partners with UK-Nigeria Tech Hub to upskill 1700 technology enthusiasts through The DevCareer Tech Program. Our goal at DevCareer is to support underrepresented tech talents entering the industry by providing resources, scholarships in collaboration with learning platforms, fostering an inclusive community, and exploring innovative approaches. (more…)

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Funding Opportunities

Kickstart Entrepreneurship Programme 2023 Application

by Johnpaul Mbanefo on
Kickstart

Kickstart is an initiative of the International Breweries Foundation and it focuses on enterprise growth and development for young entrepreneurs. The programme supports youth-owned businesses through the provision of training, access to capital (grants) and mentoring.

The International Breweries Foundation is an arm of International Breweries Plc, (a proud part of the AB InBev Group) with the objective of delivering impactful, developmental, and sustainable projects. (more…)

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Funding Opportunities

Access Bank Womenpreneur Pitch-a-ton Application

by Johnpaul Mbanefo on
Womenpreneur Pitch-a-ton

About Womenpreneur Pitch-a-ton

Launched in 2019, the Womenpreneur Pitch-a-ton program is the first women-in-business support initiative of its kind in the industry offered by Access Bank’s W Initiative. The program in its maiden edition provided a free mini-MBA certification for 50 women entrepreneurs in Nigeria as well as financial grants worth N9 million to the top 3 applicants. This it done in conjunction with the International Finance Corporation (IFC, a member of the World Bank Group). (more…)

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