Startupbootcamp AfriTech is working with Telecel Group for the previously announced ASIP Accelerator Program, which is looking for the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought. The accelerator is looking for ten startups to participate in the Program that will give them access to expert-led masterclasses covering scaling fundamentals – from the business model canvas, and lean methodology, to fundraising. They will also receive tailored mentorship from carefully selected mentors, will be connected with venture capitalists and angel investors from around the world, get to meet the leading corporates in their industries for pilot projects and partnership opportunities. The three-month Program will conclude with a digital Demo Day during which startups will present their newly scaled up solutions to hundreds of investors, corporates, mentors and press attendees. Notably, the participants will continue to receive support long after the Program ends via the Alumni Growth Program which offers access to alumni-only events, deals and tailored introductions. Twenty-nine startups completed the first Startupbootcamp AfriTech Program and 90% of participating startups are still operating and scaling at impressive rates. What’s more, 40% have raised follow-on rounds of funding, with the average increase in valuation being 10x since their Demo Day. The completely virtual, Pan-African Program kicks off in July 2021. Applications are open now and will remain so until 14 May. To apply, or for more information, go to https://bit.ly/SBC-ASIP
