Applications open for cohort 4 of the ASIP accelerator program
Startupbootcamp Applications for Cohort 4 of AfriTech’s ASIP accelerator programme are now being accepted. AWS, Google for entrepreneurs, Firstbase, DER/FJ, the Dutch Entrepreneurial Development Bank, through MASSIF, the financial inclusion fund FMO runs on behalf of the Dutch government, and other partners all support the ASIP Programme, which targets early-stage entrepreneurs in Africa.
The programme intends to assist the subsequent wave of early-stage African tech startups that are upending important industry sectors.Selected entrepreneurs will gain access to a global network of investors and business partners as well as priceless market insights, mentorship, funding options, and funding sources.
Since its beginning, Startupbootcamp AfriTech has been instrumental in empowering African business owners and fostering innovation in a variety of sectors. The programme, which has a track record of success, has assisted 60 entrepreneurs since 2017.
We saw history being made earlier this year when businesses from our ASIP Accelerator took the stage to showcase their breakthroughs and market traction, according to Henry Ojuor, the programme director. “With discussions about raising $4.5 million and tens of corporate pilot projects across the cohort, we’re back on the road looking for the next group of creative entrepreneurs for ASIP Accelerator cohort 4,” the statement reads.
We’ll be crisscrossing the whole continent in an effort to identify, train, and scale the most promising innovators, all while being surrounded by the lively rhythm of Africa’s untapped potential. We can’t wait to help rocket you into the moon and are thrilled to finally meet you, He added.
Startups from a range of industries, including but not limited to FinTech, InsureTech, AgriTech, Climate-Tech, eCommerce, Digital Health, Green-Tech, Mobility, digitising the informal economy, and empowering artisans, are welcome to apply to the programme. Startups with a minimum viable product (MVP), proven market traction, and a solid founding team will be the focus of the selection process.
After being chosen, participants will spend three months getting intense coaching through masterclasses taught by industry experts that cover the essentials of scaling, including the business model canvas, lean methodology, and fundraising. The programme will be held in Senegal, and it will conclude with a Demo Day where company founders will present their innovative ideas to a large group of journalists, investors, corporate partners, and business leaders.
FastTrack scouting activities will be held by Startupbootcamp AfriTech in the Ivory Coast, Nigeria, Ghana, Kenya, Ethiopia, South Africa, Senegal, Uganda, Morocco, Cameroon, Tanzania, Rwanda, and Egypt, among other nations.
The final selection day has been scheduled for October 18, 2023, while the application deadline is September 8, 2023. On November 13, 2023, successful startups will begin the programme.
