Flat6Labs, the leading seed venture capital firm in North Africa and the Middle East, has hosted a three-day bootcamp for 13 support startups from around Tunisia as part of its Ignite Tunisia project. The participants attended workshops, mentorship sessions, and group and individual pitches over the course of these days, with the goal of providing an overview of the proposed support program and honing their presentations and proposals for support programs before they went before the selection committee.
“Through the Ignite Tunisia project, we are committed to contributing to the development and decentralization of Tunisia’s entrepreneurial ecosystem, thereby providing entrepreneurs in the regions with access to support that is more tailored to their needs and specificities,” said Yehia Houry, Managing Director of Flat6Labs Tunisia.
For its third cycle, more than 67 support startups from 17 Tunisian provinces applied to the Ignite Tunisia project in order to profit from the initiative and leverage Flat6Labs’ experience. It was a committee comprised of experts from the entrepreneurial ecosystem that was tasked with the delicate task of selecting six support structures to participate in a four-month program that would allow them to develop and structure their program, while leveraging Flat6Labs’ tools and extensive network of experts, mentors, and investors.
Flat6Labs’ goal with this initiative is to instill a regional dynamism in the entrepreneurial ecosystem and to decentralize skills and knowledge in the industry.
Mohamed Ridha Idrissi, head of Innovi-EU4Innovation grants at Expertise France, testified in this context: “The Ignite program is a true regional integrator of the Tunisian ecosystem.” We can attest to this by the high quality of the projects submitted. Additionally, it serves as a catalyst for opportunity access and community development. Congratulations to the structures for their participation in the bootcamp and to the selected”.
Three sponsored structures were able to get finance during the first Hub Day conducted in September, a day of meetings with investors and donors, and three programs were established during the two prior cycles, with more than 45 coaching sessions and more than 65 individual weekly sessions. It should be underlined that assistance for prior cycles’ structures continues, with professionals recruited to assist them in deploying their initiatives as effectively as feasible.
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Whether public or private, influencing female entrepreneurship, agricultural enterprises, or the internet economy, the third cycle’s structures include the following:
1KUB, Nabeul: 1KUB is an inclusive incubator committed to female entrepreneurship and a digital-first mindset. Its mission is to empower women entrepreneurs who aspire to see their projects succeed and be connected to their company’s entrepreneurial environment.
Monastir’s 4C ISMM Centre: The 4C ISMM (Career and Skills Certification Center, Higher Fashion Institute of Monastir) strives to increase students’ and young graduates’ employability through a program of advice, training, and assistance.
Coworking Business Center, Bizerte: The Coworking Business Center is a place that offers meeting, training, conference, and congress room rentals, as well as company re-location and office renting.
Future Islands, Tunisia: Future Islands is an innovation and research laboratory that aspires to discover novel and scalable approaches to challenging problems in order to enable a sustainable society.
Talent Hub, Nabeul: Talent Hub is a gathering place for talent and knowledge sharing. Talent Hub serves as a catalyst for synergies by providing a coworking space, business training, and incubation courses.
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Agri-Valorisation du Sud Business Incubator, Gabes: Founded on the basis of a framework agreement between the Agricultural Investment Promotion Agency (APIA) and the Medenine Institute for Arid Regions, the incubator serves as a support structure, accompaniment, and support for young promoters and bearers of agricultural project ideas.
Ignite Tunisia is a European Union-funded capacity building initiative for 27 regional support structures in Tunisia, executed by Expertise France as part of the “Innov’i” project.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh