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StartupBootcamp AfriTech — Pan-African Accelerator | MsingiLab

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AcceleratorClosedExpired

StartupBootcamp AfriTech — Pan-African Accelerator

$100,000–$500,000

ExpiredWebsite

EquityMentorshipTrainingTechnologySeed/Early

Moderate Gender LensModerate Climate Lens

Apply Now

Startupbootcamp AfriTech is a pan-African accelerator for startups and scaleups, including impact and sustainability ventures, that fit its sector focus areas. The program offers a 3-month hybrid acceleration process, mentorship, more than €500K in partner deals, and initial investment with access to investors, VCs, and angels. Its focus areas include digital health, insuretech, AI and machine learning, agritech, food supply IoT and connectivity, fintech, clean and climate tech, and blockchain. Existing data indicates a typical ticket size of $100,000–$500,000.

What You Get

Hybrid Acceleration

An intense 3-month accelerator designed to enable growth at speed.

Access to Mentorship

Carefully selected mentors with industry-specific knowledge, who provide hands-on support and valuable introductions.

Events & Engagements

More than €500K+ in exclusive partner deals from leading technology providers such as Amazon, HubSpot, SendGrid, and others.

Capital

Initial investment per startup and access to a global network of investors, VCs and Angels.

How to Apply

Apply via the program's application page. After applying, the process includes a 1st meeting with the scouting team, a 2nd meeting with the Program Director, a light due diligence process, Selection Week where startups pitch and meet stakeholders, and then Program Kick-Off for selected companies.

Warm Intro

Recommended but not required

Geographic Focus

Africa, South Africa

Decision Timeline

4-12 weeks depending on process

Key Dates

2023-07-09Applications open

2023-09-07Application close

2023-10-17Selection days

2023-10-19Startups announcement

2023-11-13Accelerator kick-off

2024-02-07Impact Day

Eligibility

Startups and scaleups
Impact and sustainability startups
Fit with the program's focus areas

Traction Required

MVP or early product with initial users

Team Requirements

Strong founding team

Selection Criteria

Fit with the program's focus areas
Business proposition
Company goals and what the startup wishes to get out of the accelerator
How the company would benefit from collaboration
Fit with Startupbootcamp's network
Current stage concerning tech, infrastructure, finance, market, and team
Ratings from multiple jury rooms during Selection Week

Focus Areas

Digital Health

InsureTech

AI & Machine Learning

AgriTech

Food Supply IoT & Connectivity

Fintech

Clean & ClimateTech

Blockchain

What They Look For

Early-stage tech startups across Africa

Post-Investment Support

Intensive mentorship, workspace, investor introductions, demo day

Red Flags to Watch

Check equity ask carefully. Verify mentor quality. Review alumni success rates.

Insider Tip

Applicants should show a clear fit with one of the stated focus areas and explain their business proposition, stage, and specific goals for joining the accelerator. It will also help to show how the company would benefit from Startupbootcamp's mentor, partner, and investor network, since collaboration fit and jury evaluation during Selection Week are part of the process.

2015

Active Since

Yes

Deploying

Notable Investments

Multiple portfolio companies