We are looking for the next generation of African Tech Startups disrupting major industry sectors!
The program is open to startups in various sectors, including but not limited to FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, GreenTech, Mobility, digitizing the informal economy and empowering artisans.
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.
All 10 startups receive $18,000 in cash together with more than $750,000 in credits and exclusive partner deals from leading technology providers such as AWS, Google, GitHub, Firstbase, Miro, Hubspot and more.
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Over the last 6 years, 60 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!
- More importantly, that track record translates to impact on Africa. ASIP Cohort 3 made up of 11 startups from 7 countries, created over 9,600 jobs across the continent. They achieved this at an average age of 31 and with 70% of them having women in leadership.
*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 4!