Africa Startup Initiative Accelerator Program

Africa Startup Initiative Accelerator Program

The Africa Startup Initiative Program is a program founded by Moh Damush, Telecel Group CEO as a CSR activity. Telecel Group then partnered with Startupbootcamp AfriTech to create the ASIP Accelerator Program which contributes 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.

Starting in 2017, the first SBC AfriTech program accelerated 40 incredible African startups that have set an incredibly high bar for the next program.

88% are still operating and scaling at impressive rates

50% of our startups are self sustaining based on the commercial contracts

The average increase in valuation for startups raising capital is 4x- 10x post-Demo Day

About Startupbootcamp AfriTech

Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. We run world-class accelerator programs, working with some of the most disruptive startups on the continent. We provide access to our global network of corporate partners, investors, and mentors.


Whats happening?

From the 11th of August till the 8th of November 2019 Startupbootcamp Africa will run a 3-month accelerator program where 10 high potential startups from across the continent will be given the opportunity to accelerate their companies with the help of our team of first-class entrepreneurs, investors, and partners. In 3 months, the selected teams would be achieved what normally would take 18 months, by leveraging direct access to key contacts in the industry.

Benefits of joining the programme?

3-Month Program – An intense 3-month program designed to support entrepreneurs scale their industry-changing technology businesses.

Masterclasses – Expert-led sessions covering all scaling fundamentals – from business model canvas, lean methodology to fundraising

Corporate Partners – Connections to the leading corporates in your industry (Old Mutual, Nedbank, PwC, RCS, BNP Paribas and several others) for pilot projects, partnership opportunities, and as customers

Global Network – Unmatched access to a global network of mentors, corporate partners, industry experts, and alumni across 40+ countries

Tailored Mentorship – Over 1,500 carefully selected mentors who provide hands-on support and valuable introductions

Co-working Space – Free desks for your entire team in a dynamic co-working space for the duration of the 3-month program and 3 months

post program.

Living Expenses – €15K in cash per team to cover any expenses during the program

Perks & Discounts – More than €500K+ in exclusive partner deals with leading technology providers such as Amazon, HubSpot, SendGrid, and others

Alumni Growth Program – Continued post-program support far after the 3-month program through annual alumni-only events, deals and tailored introductions

Industry Events – Exclusive opportunities to take part in leading Commerce conferences and events

Investor Access – Meet the most active VCs and Angel investors in your industry from around the world

Demo Day – A day to celebrate your achievements during the program with 400+ investors, corporates, mentors and press attendees

If you have any questions about the 3-month accelerator programme, feel free to drop us a line at cape.town@startupbootcamp.org



For more information and application details, see; Africa Startup Initiative Accelerator Program

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