The Baobab Network | Technology Accelerator
ACCEPTING APPLICATIONS 365 DAYS OF THE YEAR
We back early-stage ventures across Africa, founded by Africa’s boldest innovators and the business leaders of the future. We have been working with entrepreneurs across Africa since 2016, and in 2019 we launched our world-class accelerator designed to give founders the funding and platform they need to take their companies global.
We offer startups USD 50,000 in funding and two years of tailored support, which includes a dedicated venture partner, in exchange for 10% equity. Our venture team works with our portfolio to accelerate growth, build capacity and unlock the next stages of funding to help companies scale.
If you are building the next Flutterwave, Sendy or Alerzo we’d love to talk to you!
Who can apply?
- We work with early-stage technology-creating or technology-enabled businesses
- Our remit covers the whole of Africa, as long as you are living and working in a key market that we cover then we’d like to work with you
- We will work with companies across many sectors and verticals. There are a few industrial areas we don’t specialize in which are outlined in our FAQs
What should I do before I apply?
- We recommend that you familiarize yourself with our FAQs as well as take a look at the Application Form
- Applications should take around 15 to 25 minutes, the more information you can provide upfront the better.
What do I need to apply?
- Our expertise is early-stage companies, we ideally want companies that have built an MVP of their product or service, or are at the initial stages of scale
- We require a couple of documents from you to support your application (i.e. investment deck, cap table, traction document, etc.)
When can I apply?
- Now! We are a non-cohort-based accelerator – this means we accept new businesses onto the accelerator program throughout the year
- We review applications on a rolling basis, so if you are looking to tap into funding, then we would love to speak to you. Successful applicants will be contacted by a member of our team within 2-3 months.
Source: https://vc4a.com/the-baobab-network/the-baobab-network-technology-accelerator/
