Startupbootcamp AfriTech Opens Purposes for Cohort 4 of Prestigious ASIP Accelerator

Startupbootcamp AfriTech, the main accelerator program centered on nurturing African startups, is thrilled to announce the opening of purposes for Cohort 4 of its extremely profitable ASIP accelerator program. This system presents an distinctive alternative for early-stage startups in Africa to supercharge their development and acquire invaluable business insights, mentorship, and entry to a world community of traders and company companions.

Africa is experiencing an unprecedented surge in technological innovation, as a wave of dynamic and bold tech startups are rising throughout the continent. From bustling metropolises to distant rural communities, these startups are harnessing the ability of know-how to resolve complicated challenges and drive financial development in numerous sectors.

Since its inception, Startupbootcamp AfriTech has performed a pivotal function in empowering African entrepreneurs and driving innovation throughout numerous industries. With a confirmed observe document of success, this system has supported 60 startups since 2017.

“Earlier this yr, we witnessed historical past within the making as startups from our ASIP Accelerator acquired on stage to demo their improvements and traction to the world,” says Program Director Henry Ojuor. “With $4.5m value of fundraising discussions and tens of company pilots throughout the cohort, we’re again on the highway in the hunt for the subsequent set of modern entrepreneurs for ASIP Accelerator cohort 4.”

“Amidst the colourful rhythm of Africa’s untapped potential, we’ll be crisscrossing the complete continent searching for to scout, talent, and scale the highest promising innovators. We’re excited and searching ahead to assembly you and might’t wait to assist launch you into the moon!” he added

The ASIP Program is supported by companions equivalent to DER/FJ, the Dutch Entrepreneurial Development Bank (FMO), by MASSIF, the monetary inclusion fund FMO manages on behalf of the Dutch authorities, AWS, Google for Startups, and Firebase. ASIP goals to assist the subsequent era of early-stage African tech startups disrupting key business verticals. With an ever-expanding pool of entrepreneurial expertise, supportive ecosystems, and rising entry to capital, Africa has develop into a hotbed for innovation and a fertile floor for startups to flourish.

“As a catalyst for the ecosystem, DER/FJ is dedicated to accompanying and supporting these promising start-ups,” says the Basic Delegate for Entrepreneurship – DER/FJ, Mame Aby Seye. “We firmly imagine of their capability to remodel industries, create added worth, and contribute to Senegal’s financial development. We’re placing our sources, experience, and community at their disposal to assist them obtain their objectives.”

One other notable associate FMO invests in inclusive enterprise fashions and gives the experience that startups want to enhance their enterprise operations whereas additionally offering broader assist to facilitate a vibrant start-up surroundings within the areas the place this system invests. 

Talking on this, FMO Partnerships for Impression Senior Affiliate Esther Njoroge stated, “Following the success of the entrepreneurs in Cohort 3, we’re excited to as soon as once more associate with Startupbootcamp on Cohort 4 of the ASIP Accelerator and stay up for following the progress of the taking part startups. The modern and transformational enterprise fashions this program helps assist construct a extra sturdy entrepreneurial ecosystem throughout the African continent in crucial industries.”

This system is open to startups in numerous sectors, together with however not restricted to FinTech, InsureTech, AgriTech, Local weather-tech, eCommerce, Digital Well being, Inexperienced-Tech, Mobility, digitizing the casual financial system, and empowering artisans. The choice course of will give attention to startups with a minimal viable product (MVP), demonstrated market traction, and a robust founding crew.

As soon as chosen, members will spend 3 months present process intensive teaching by expert-led masterclasses masking scaling fundamentals -from the enterprise mannequin canvas, and lean methodology, to fundraising. This system will happen in Senegal, culminating in a Demo Day the place startup founders pitch their disruptive options to a broad viewers of media, traders, company companions, and business stakeholders.

 Startups chosen for the accelerator program will profit from a complete and tailor-made assist system, together with:

  1. Knowledgeable Mentorship: Entry to a world community of business specialists, seasoned entrepreneurs, and traders who will present steerage and assist in key areas equivalent to enterprise technique, market enlargement, and fundraising.
  2. Business Connections: Alternatives to attach with main companies and potential companions inside the program’s in depth community. These connections can result in helpful collaborations, pilot initiatives, and distribution alternatives.
  3. Funding Alternatives: Entry to investor networks and the possibility to safe funding through the investor Demo Day, the place startups can showcase their progress and pitch to a room crammed with potential traders.
  4. Intensive Sources: Unique entry to entry to Startupbootcamp’s tailor-made teaching device, the  Accelerator Squared platform which has a  full library of content material, group workshops, 1:1 mentoring, collaborative classes with Entrepreneurs in Residence, and invite-only dialogue boards with founders from across the globe. The ten startups in this system may also obtain advantages valued at greater than $750,000, together with credit from AWS, Google Cloud Providers, and lots of extra. SBC additionally invests $18,000 in money.  
  5. Alumni Community: Integration into the colourful Startupbootcamp AfriTech alumni neighborhood, offering ongoing assist, knowledge-sharing, and collaboration alternatives even after finishing this system.

SBC Afritech will host FastTrack scouting occasions in nations that embrace  Ivory Coast, Nigeria, Ghana, Kenya, Ethiopia, South Africa, Senegal, Uganda, Morocco, Cameroon, Tanzania, Rwanda, and Egypt

Key Dates:

  • Software Deadline: 8 September 2023
  • Remaining Choice Days: 18 October 2023
  • Cohort 4 Begin Date: 13 November 2023

To use and study extra in regards to the Startupbootcamp AfriTech Accelerator Program, go to

Purposes will likely be accepted till 11:59 GMT on 8 September 2023

Observe Startupbootcamp AfriTech on LinkedIn, Twitter, Facebook, and Instagram for updates and insights.


About Startupbootcamp AfriTech

Startupbootcamp AfriTech was launched in 2017 as the primary multi-corporate-backed pan-African startup accelerator. We run world-class accelerator packages, working with a few of the most disruptive startups on the continent. We offer entry to our world community of company companions, traders, and mentors. The SBC AfriTech portfolio presently has 60 African startups spanning 13 nations and working in sectors that embrace FinTech, InsureTech, Logistics, Mobility, AgriTech, and Digital Well being.

With our assist, 95% of SBC AfriTech alumni are nonetheless operational 2+ years after this system, they usually have an mixture valuation of almost $1 Billion, and  22% have feminine co-founders.

For extra data go to:

About Der/FJ

Der/FJ is an establishment below the authority of the Presidency of the Republic of Senegal and it was launched by President Macky Sall in 2018 with the intention to assist entrepreneurs all through Senegal. This assist is given by each monetary and non-financial providers, with an emphasis on sectors that embrace know-how and innovation, therefore the creation of the D-hub incubator. For extra details about DER/FJ go to

About FMO

FMO is the Dutch Entrepreneurial Growth Financial institution. As a number one influence investor, FMO helps sustainable non-public sector development in creating nations and rising markets by investing in bold initiatives and entrepreneurs. FMO believes {that a} robust non-public sector results in financial and social growth and has a near 50-year confirmed observe document of empowering individuals to make use of their expertise and enhance their high quality of life. FMO focuses on three sectors which have a excessive growth influence: monetary establishments, power, and agribusiness, meals & water. With a dedicated portfolio of EUR 9.3 billion spanning over 85 nations, FMO is among the bigger bilateral non-public sector growth banks globally. For extra data: please go to