Call for Applications: Future Fund Africa Accelerate Africa (A2) Program 2023 for early State Founders
Accelerate Africa is a 7-week pre-accelerator program that prepares African early-stage entrepreneurs to apply for global accelerator programs that provide investment and access to a worldwide network of Investors, Customers, and Networks to help them expand their firms.
The Accelerate Africa program has been launched by Prosper Africa and Future Africa. The program offers intense assistance, mentorship, and resources to African Founders in their early stages. Future Africa, in collaboration with Prosper Africa, will help dynamic African entrepreneurs in a 7-week pre-accelerator program that will prepare them for global scale through accelerator programs such as Y-Combinator, 500 Startups, and Techstars. The initiative will put these entrepreneurs in a better position to raise more venture capital and establish more robust firms.
This partnership delivers on the U.S. Government’s commitments from the U.S-Africa Leaders Summit to increase investment on the continent. Prosper Africa committed $170 million in the Summit’s Deal Room to increase U.S. investment in Africa and African exports to the United States by $2 billion in the next five years, including through the new Prosper Africa Catalytic Investment Facility.
Accelerate Africa (A2) prepares early stage African founders for global scale. Accelerate Africa (A2) identify partners who can provide them with access to capital, customers and channels that can catalyze their trajectory such as Global Technology Accelerators like Y Combinator, 500 Startups and Techstars; Governments; Global Technology Companies and Entrepreneur Support Organizations.
Future Fund Africa Accelerate Africa Benefits
One-on-one application support by global accelerator alumni from Africa
You will work closely with a group of star mentors who have themselves been accepted to and gone through a global accelerator. They will provide active guidance and soundboard your thoughts as you build out your application.
A curated community of leading applicants going through the process together
Building a startup can be isolating and challenging, but collaborating with other like minded people lessens this burden. This includes tapping into our local and global network that spans over 300 investors and over 100 startups to learn from and exchange knowledge.
Strategic investment from leading African VCs to further catalyse your journey
Accelerate Africa (A2) will make strategic introductions and recommendations to our global network of co-investors. At the cumination of our program, you will also have the opportunity to pitch your business to leading African VCs during our Demo Day. Additionally, the Investment Committee will invest $75,000 for 5% equity in select cohort startups.
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