Week 2: Funding and Grant Opportunities for African Startups

FemTech Start-up Acceleration Program for Founders or CEOs Building Products and Solutions for Women’s Health

This is a 9-month equity-free FemTech start-up acceleration program for companies developing innovative solutions to improve technologies relating to women’s health with international reach.

Benefits: 9 months of tailored coaching and specialized workshops, access to potential customers through international collaborations, exposure to international investors, opportunity to develop pilot projects with Group Mutuel or its partner companies.

Application deadline: February 1, 2023.

Apply here.

Baobab Network 2023 Accelerator Programme for Early-stage African Startups

The Baobab Network Accelerator Programme is a world-class accelerator programme supporting Africa’s boldest innovators to scale homegrown solutions. It is designed to give African founders the funding and platform they need to take their company global.

Benefits: $50,000  in funding in exchange for 10% equity, 3-month cohort program with personalized two-week consultation sessions,  full support to help accelerate growth, build capacity and unlock the next funding stages to help companies scale.

Application deadline: Rolling applications.

Apply here.

Tony Elumelu Foundation Entrepreneurship Programme 2023 for African Entrepreneurs

Application into the Tony Elumelu Foundation Entrepreneurship Programme is open to Africans from all 54 African countries with scalable business ideas or a business that has been operational for no more than 5 years.

Benefits: $5,000 in non-refundable seed funding, 12-week world-class business training, mentoring and networking opportunities.

Application deadline: March 31, 2023.

Apply here.

Youth Investment Readiness Program for Social Entrepreneurs

The Investment Readiness Program (IRP) is a 16-week accelerator program that helps young social entrepreneurs under 35 from all around the world become investment-ready through one-on-one mentoring, curated training, peer-to-peer networking, and other opportunities to support youth innovation.

Benefits: Successful participants stand a chance to be selected for the 2023 Youth Solutions Pitch Competition, training and mentorship, networking opportunities.

Application deadline: February 10, 2023.

Apply here.

AUDA-NEPAD’s HGS Accelerator Pandemic Resilience Programme for African Healthcare Businesses

The Home Grown Solutions (HGS) Accelerator for Pandemic Resilience is an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience, in line with the African Union’s Agenda 2063 aspirations.This is achieved through offering hands-on and tailored support to growth- and mature stage healthcare businesses.

Benefits: Context-specific advisory, investment readiness support, matching to strategic partners.

Application deadline: January 31, 2023.

Learn more here.

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