ASIP Accelerator Program – Cohort 4

Accelerating Disruptive African Solutions

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!

Overview

0
July 13, 2024
Program dates Nov 13, 2023 - Feb 8, 2024
Organizer Startupbootcamp Afritech
Website Visit website
Targets Africa
Sectors
Agritech, Blockchain, Clean technology and energy, Connectivity, E-commerce, Fintech, HealthTech, Internet of things (IoT), Machine learning, Transport and logistics

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)
Moja Ride
Moja Ride enabling easy financing for transportation professionals.
Côte d'Ivoire Fintech, Public transport
Sodishop
Sodishop is a marketplace in Mali, Guinea, Senegal & Ivory Coast
Mali E-commerce, Food and beverage, Transport and logis…
Qataloog
Learning content distribution engine
Nigeria Education, Educational products, Educational servi…
Akiba Digital
We helps businesses predict customer behaviour
South Africa Fintech, Machine learning, Software as a Service
AGRIX
Access to faming expertise & financial services to small-scale farmers
Cameroon Agritech, Big data, Financial services
Virtual Drive / Goodbuycar
The first reversed automotive marketplace driven by your data
South Africa Automotive, Financial services, Insurance
Ecomak Recyclers
Recycling For Generations
Uganda Clean technology and energy, Environmental service…
Weza Ventures Ltd
New generation lending platforms, Credit Scoring and Fraud Mitigation
Kenya Fintech
eCampus
Learn smarter
Ghana Computer software, Education, Mobile
MOBicure
A safe space for young adults to discuss sex
Nigeria E-commerce, Healthcare, Sexual and reproductive he…
Powerstove Energy
Affordable Clean Energy
Nigeria Clean technology and energy, Manufacturing, Waste …
Chekkit Technologies
Connect. Verify. Trust.
Nigeria Artificial intelligence, Blockchain, Pharmaceutica…
Parkwell Mobile Services LTD
Airbnb for parking
Nigeria Information technology, Mobile, Smart city solutio…
Rural Farmers Hub
Crop intelligence solution for optimal farming decisions and timing.
Nigeria Agritech
Vooli Mobile insurance App.
Seamless insurance ™.
Kenya Online analytics
AgroData
Promoting sustainable farming and improving farm productivity
Nigeria Agribusiness, Agritech, Animal farming
Yoonema
Buy and sell easily on Yoonema.com
Senegal E-commerce
Limawa
PROVIDING solar powered refrigerated vehicles
Côte d'Ivoire Agribusiness, Green transportation and electric mo…
Neural Labs Africa Ltd
Impacting Healthcare using Artificial Intelligence
Kenya Artificial intelligence, HealthTech, Machine learn…
BD Waste
Smart Way To a Clean Environment
Ghana Clean technology and energy, Environmental service…
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
DIGITECH AFRICA LTD
Mobile Insurtech Platforms for any Insurance and reinsurance company
Côte d'Ivoire Enterprise software, Fintech, Insurance
JustNow
JustNow helps businesses reduce food waste and save money
South Africa Food and beverage, Software as a Service
Kyanda Africa
Transforming Payments in Africa
Kenya Financial services, Fintech
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
Motito
Live Well!
Ghana Fintech
Proxalys SAS
ProXalys is a Twiga of francophone Africa.
Senegal Agritech
MPost
An Address for every one
Kenya Logistics

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