FAST Accelerator, an initiative of Flapmax created in partnership with Microsoft, is dedicated to supporting and funding the next generation of African innovators. Our program combines business development, technology integration, funding opportunities, and community building to enable African startups to scale rapidly and sustainably.
FAST Accelerator 2023 will connect startups to a vibrant ecosystem of over 500 corporate partners. By participating in the program, you’ll gain access to dedicated venture funding, a robust network, and invaluable mentorship opportunities.
Bootcamp & Acceleration Program
Action Plan:
- Two-Week Virtual Bootcamp Program: Validate your entrepreneurial journey with our intensive virtual bootcamp program focused on the fundamentals of entrepreneurship. Gain valuable knowledge and insights to refine your business model and prepare for the next stage.
- Acceleration in Silicon Valley: The top startups selected from the virtual program will have the incredible opportunity to join us in Silicon Valley, California for a 5-week intensive program. This stage involves acceleration, networking, and raising funds, all while immersing yourself in the thriving startup ecosystem of Silicon Valley.
Accelerator Program Features:
- Mentorship and Business Coaching: Receive personalized guidance from experienced mentors and business coaches who will support you throughout the program.
- Weekly Seminars and Progress Meetings: Engage in interactive seminars and progress meetings to learn from industry experts and track your startup’s growth.
- Pitching to Silicon Valley Investors and Experts: Showcase your startup to potential investors and gain valuable feedback from industry experts.
- Relationship Building with Global Startups and Corporates: Connect with startups and corporate partners from around the world, expanding your network and exploring potential collaborations.
Timeline
July – August 2023:
- Review application of applications and selection of top candidates to participate in the virtual bootcamp program.
August 2023:
- 2023 Bootcamp: Up to 60 participants will attend the “Fundamentals of Entrepreneurship” two-week online program.
October 2023:
- Silicon Valley 5-Week Accelerator Program: Top 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.
Eligibility Requirements
Startups should:
- Be based in Africa
- Be ready to scale or expand within the continent
- Have established product-market fit and be generating revenue
- Commitment: Participants must be committed for the entire duration of the program
B2B startups are prioritized, but Healthcare, Fintech, Edutech, and Industrials/Agtech startups are specifically of interest. Sustainability and Deeptech are welcomed.
Early application submissions are encouraged. Apply today to accelerate your startup in Silicon Valley with FAST Accelerator.
Overview
Program dates | Aug 28 - Nov 30, 2023 |
Organizer | Flapmax |
Website | Visit website |
Targets | Africa |
Sectors | Agritech, Clean technology and energy, E-commerce, EdTech, Educational products, Enterprise software, Fintech, Green transportation and electric motors, Healthcare, Renewable energy, Transport and logistics, Water, sanitation and hygiene |
SDG (5) | 10. Reduced Inequality, 11. Sustainable Cities and Communities, 17. Partnerships to achieve the Goal, 3. Good Health and Well-being, 9. Industry, Innovation and Infrastructure |