ASIP Accelerator Program – Cohort 3

Disrupting the African Tech Ecosystem!

We are looking for the next generation of African Tech Startups disrupting major industry sectors!

These include AgriTech & Supply Chain, FinTech, IoT & Connectivity, Machine Learning (Data Analytics), Cybersecurity, Clean Tech and RegTech.

We 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.

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.
  • Telecel Group, contributing in a meaningful way to the African community to help the young Startups in Africa whose innovative ideas are creating a difference in their communities.
  • Enrich in Africa (EiA), funded by the European Commission’s Horizon 2020 programme, addresses the needs for capacity development of incubators, accelerators, and entrepreneurs in both Europe and Africa.

EiA has received funding from the European Union’s Horizon 2020 research and innovation programme under Grant Agreement 101004709.

*5/10 startups chosen for the program will be fully funded and backed by the EiA Project. These startups will receive additional benefits such as access to Euroquity community, networking events, follow-up support etc. Find out more about ENRICH in Africa on their website

All 10 startups receive 15,000 in cash together with more than 500,000 in credits and exclusive partner deals from leading technology providers such as AWS, Google, Miro, Hubspot and more.

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Over the last 5 years, 50 African startups have completed the SBC AfriTech Accelerator.

  • 90% of the alumni are still operating and scaling, and collectively, SBC portfolio companies have raised more than $150 Million in follow-on funding. This track record makes SBC one of the most successful early-stage programs on the continent and for investors, the fund has performed among the top 5% of Silicon Valley VC funds!

*Please note this program is done in English and you’ll be expected to pitch in English as well

Good luck to all applicants!

We look forward to an inspiring cohort 3!

Overview

1
Closes November 11, 2022
Program dates Feb 20 - May 25, 2023
Organizer Startupbootcamp Afritech
Website Visit website
Targets Africa
Sectors
Agritech, Blockchain, Business services, Clean technology and energy, Connectivity, Financial services, Fintech, Food production, HealthTech, Internet of things (IoT), Machine learning, Telecom

What we are looking for

We are looking for the next generation of African startups disrupting the following focus areas

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 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.

The 10 startups in the program will receive benefits valued at more than EUR 500,000, including credits from AWS, Google Cloud Services, Hubspot, and many more. ASIP Accelerator also invests EUR 15,000 in cash to each startup.

If you believe you could be their next rising star, apply now!

Timeline

Team

Portfolio

Name Country Sector(s)
Powerstove Energy
Affordable Clean Energy
Nigeria Clean technology and energy, Manufacturing, Waste …
Virtual Drive / Goodbuycar
The first reversed automotive marketplace driven by insurance data
South Africa Automotive, Financial services, Insurance
Akiba Digital
We helps businesses predict customer behaviour
South Africa Fintech, Machine learning, Software as a Service
Dawa Health
Health convenience a tap of a button away
Zambia Artificial intelligence, Healthcare, Healthcare pr…
AGRIX
Access to faming expertise & financial services to small-scale farmers
Cameroon Agritech, Big data, Financial services
Qataloog
Higher education learning content distribution engine
Nigeria Education, Educational products, Educational servi…
Ecomak Recyclers
Recycling For Generations
Uganda Clean technology and energy, Environmental service…
Vooli Mobile insurance App.
Seamless insurance ™.
Kenya Fintech, Insurance, Online analytics
MOBicure
A safe space for young adults to discuss sex
Nigeria E-commerce, Healthcare, Sexual and reproductive he…
Weza Ventures Ltd
New generation lending platforms, Credit Scoring and Fraud Mitigation
Kenya Fintech
Survey 54
Helping collect consumer data in emerging markets
Nigeria Artificial intelligence, Big data, Computer softwa…
Rural Farmers Hub
Crop intelligence solution for optimal farming decisions and timing.
Nigeria Agribusiness, Agritech, Artificial intelligence
YouFarm
Investing In agriculture
Zimbabwe Agribusiness, Agritech, Fintech
eCampus
Learn smarter
Ghana Computer software, Education, Mobile
Rentoza
Live Life on Your Own Terms
South Africa E-commerce
Chekkit Technologies
Connect. Verify. Trust.
Nigeria Blockchain, Food and beverage, Pharmaceuticals
AgroData
Promoting sustainable farming and improving farm productivity
Nigeria Agribusiness, Agritech, Animal farming
Parc Smart
Digitizing parking spaces in emerging markets by crowdsourcing
Senegal Computer software, Smart city solutions, Software …
Worldbay Technologies Ltd
Grocedy. Staple foods at wholesale price through savings
Nigeria Agribusiness, Agritech, Food and beverage
JustNow
JustNow helps businesses reduce food waste and save money
South Africa Food and beverage, Software as a Service
HouseAfrica
Real estate + Technology
Nigeria Blockchain, Real estate
Cinnamon Clubs
The Premier Investment Clubs Management Software
Uganda Fintech, ICT, Software as a Service
Nucleus
Exploring the frontiers of biotechnology and entrepreneurship
Kenya Agritech, Biotechnology and medical research, Educ…
Asilimia
Mobile app enabling African smes to manage all of their finances
Kenya Financial services, Fintech, Mobile
Crowdyvest
Making more possible
Nigeria Fintech
Proxalys SAS
ProXalys is a Twiga of francophone Africa.
Senegal Agritech
Neural Labs Africa Ltd
Impacting Healthcare using Artificial Intelligence
Kenya Artificial intelligence, HealthTech
Motito
Live Well!
Ghana Fintech
MPost
An Address for every one
Kenya Logistics
GotBot.Ai
Driving conversation, through automation.
South Africa Artificial intelligence, Enterprise software, Mach…
DataBotics
Enabling the pursuit of human creative freedom
South Africa Financial services, Information technology