Startups Are Invited To Apply For The Africa Startup Initiative Program

The Africa Startup Initiative Program (ASIP) is a new accelerator set up by Startupbootcamp AfriTech and Telecel Group. The two organizations seek to support the next generation of African tech startups in the early stages and disrupting a wide range of sectors.

These startups must promote innovative ideas and concepts, able to create a difference within the communities where they are established. Via the ASIP they will receive, in three months, the help to reach a growth of 18 to 24 months. 10 of them will have access to masterclasses led by experts. The lessons will cover the fundamentals of scaling, from the business model canvas, to the lean methodology, including fundraising. Mentors, venture capitalists and bunisess angels will also be on hand.

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In the framework of pilot projects, the different startups will collaborate with well-established companies in their respective sectors. They will receive $18,000 in cash and can expect to access $590,000 through partnership agreements with companies like Amazon Web Services, Google Cloud, HubSpot and SendGrid.

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Registrations are possible here. They are open until May 14.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

Africa Startup Initiative Program