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.
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. SILQU, A Kenyan startup and Africa’s most advanced PropTech platform in real estate technology, being among 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.
- 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
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.