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.


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!


November 11, 2022
Program dates Feb 20 - May 25, 2023
OrganizerStartupbootcamp Afritech
Website Visit website
Targets Africa
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!




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