Deadline: September 7, 2023
Applications are open for the SaaS Accelerator Program: Africa 2023. Startup Wise Guys SaaS acceleration Africa program will provide an optimized approach that delivers tailored guidance and support from world class mentors and experts.
The accelerator program will help you navigate the bumps in the company building road, revolutionize your go-to-market strategy and encourage you to bring your A game. They know you’re passionate about what you do and this program will provide you access to a constantly expanding network of like-minded founders, practitioners and investors and encourage value driven partnerships with people who see the world just like you do!
Benefits
- Get funding: Up to €65K investment for up to 12% equity (45K cash + 20K program) with a follow-on possibility.
- Grow your knowledge: Get access to the program and grow thanks to weekly 1:1 support in areas like sales, marketing, pitching.
- Make connections: Get access to top notch industry experts joining a network of +600 founders, +350 mentors and +200 investors.
Eligibility
This program is mainly for English-speaking East and West African early-stage digital B2B SaaS startups with initial traction, a solid team, and a focus on one of these areas:
- You are an early-stage B2B SaaS startups working in
- FinTech
- AgriTech
- Edtech
- CleanTech
- RetailTech
- You have a working MVP
- Your startup has at least 2 co-founders or team members
- You are building initial customer traction, MRR or revenues.
Selection Process
- After the submission of the application to the Dealum, the Scouting team evaluates the application for eligibility. It can take up to 2 weeks for them to get back to you after they have received your application.
- If the application fits their criteria they might ask you additional questions and invite you to take part in the pitch day to present the business to SWG General partners and team members.
- Pitch day is an internal event to evaluate the business idea and meet founders face to face, after the pitches SWG team decides how to proceed with the application. Decisions are: move forward with Due Diligence, offer Wise Guys Pre-accelerator program, reject or stay in touch until later.
- Due diligence process includes: the Tech call, Managing Director call, Partner/ expert call, and the Deal call.
- After the startup has successfully gone through the due diligence process they are invited to the Selection Bootcamp.
- TOP 10-12 teams are selected to participate in the acceleration program.
Application
The deadline to apply is September 7, 2023. The team then reviews all applications carefully. If there is a potential fit, they will reach out to schedule an interview.
For more information, visit SaaS Accelerator Program: Africa.
