4th iteration of Startupbootcamp AfriTech’s ASIP accelerator now accepting applications
Applications are now being accepted for Startupbootcamp AfriTech’s fourth iteration of the Africa Startup Initiative Program accelerator.
Startupbootcamp The first multi-corporate-backed pan-African startup accelerator, AfriTech, was introduced in 2017. In March 2021, Disrupt Africa announced that it had teamed up with telecom company Telecel Group to introduce the Africa Startup Initiative Programme, which aims to support the next generation of early-stage African tech startups that are disrupting a variety of industries.
ASIP supports young businesses with ground-breaking concepts that are improving their communities. Along with US $750,000 in credits, services, and in-kind value, chosen companies also receive equity funding of $18,000.
AWS, Google for Startups, Firstbase, DER/FJ, the Dutch Entrepreneurial Development Bank (FMO), through MASSIF, the financial inclusion fund FMO manages on behalf of the Dutch government, and the Dutch Entrepreneurial Development Bank (FMO) are a few of the partners who support the ASIP program.
“Earlier this year, we witnessed history in the making as startups from our ASIP Accelerator got on stage to demo their innovations and traction to the world,” said programme director Henry Ojuor. “With US $4.5 million worth of fundraising discussions and tens of corporate pilots across the cohort, we’re back on the road in search of the next set of innovative entrepreneurs for ASIP Accelerator cohort four.”
“Amidst the vibrant rhythm of Africa’s untapped potential, we’ll be criss-crossing the entire continent seeking to scout, skill, and scale the top promising innovators. We’re excited and looking forward to meeting you and can’t wait to help launch you into the moon!”
Applications are open till September 8.
