Over 800 Startups Accelerated By Algeria Venture One Year After Inception

Algeria’s public start-up accelerator “Algeria Venture,” founded in 2021, has supported more than 800 startups, a statement from the accelerator said. 

Salaheddine Sousou, spokesman of “Algeria Venture,” stated during an entrepreneurship event at the University of Oran 2 that Aventure had sponsored over 800 firms since its inception. The accompaniment translates into a follow-up from the idea’s conception to its fulfilment. It is also feasible to receive assistance with product promotion.

Following the introduction of two schemes for young entrepreneurs, the manager underlined the relevance of the accelerator. As a result, the Ministry of Higher Education and Scientific Research has established “a diploma, a startup” alongside “a diploma, an intervention patent.”

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The Scientific Research Department will design an awareness programme, according to the vice-rector of the University of Oran 2. The goal is to encourage entrepreneurship and entrepreneurship in the academia.

Another initiative has been established by the line ministry. It explains how to prepare an end-of-study dissertation project in order to acquire a university starting diploma. The latter will include training programmes for aspiring businesses.

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The goal is to prepare students for entrepreneurship by providing them with the essential knowledge.

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