The Gateway to Africa's Startup Ecosystem
The Gateway to Africa's Startup Ecosystem

Week 6: Funding and Grant Opportunities for African Startups

WFP Agricultural Innovation for Climate Resilience Program

The United Nations World Food Program (WFP) Innovation Accelerator seeks, supports, and scales bold new solutions to end global hunger and achieve the SDGs (SDGs).

The WFP Innovation Accelerator and other partners will select early stage ventures and solution providers to receive financial, technical, and methodological support through the program. They will be able to drive climate resilience and natural resource protection, food security, increased income, and employment with the help of talented individuals all over the world.

Benefits: Up to $150,000 in equity financing, support & access to a global network of experts and mentors, etc.

Application deadline: March 1, 2023

Begin your application here.

TVC Labs MentorPitch 2023 Program for Nigerian Startups and Entrepreneurs

Unlock the Potential of Your Startup with Expert Mentoring from Angel Investors.The TVC Labs MentorPitch 2023 is designed to help startup founders take their businesses to the next level.

Benefits: Access to a network of experienced angel investors, one-on-one mentoring sessions, access to exclusive TVC Labs Community and its networking opportunities.

Application Deadline: February 15, 2023

Click here to apply.

Lagos CARES Grant for MSMEs

The Lagos COVID-19 Action Recovery and Economic Stimulus (CARES) Program is a state-level intervention that aims to mitigate the local effects of the COVID-19 worldwide pandemic by protecting the livelihoods of existing and newly poor and vulnerable households and supporting the recovery of local economic activity, particularly among MSMEs.The grant is divided into three categories;

Credit Grant: This provides credit grants to co-finance up to 40% of new business loans taken out after the COVID-19 crisis.

Micro Enterprises: Up to ₦ 1 Million

SMEs: Up to ₦ 1 Million

Operations Grant: This grant is intended to help with operational expenses following the onset of Covid-19. It aims to incentivize MSEs to reach pre-COVID 19 employment levels while also covering operational costs.

Micro Enterprises: Up to ₦ 150,000

SMEs: Up to ₦ 1 Million

IT Enhancement Grant: The IT Enhancement Grant provides funding to MSMEs in order to increase their capacity through the use of technology.

Micro Enterprises: Up to ₦ 300,000 in hardware or software

SMEs: Up to ₦ 1.5Million in hardware or software

Learn more and apply here.

2023 Savvy Global Fellowship for Aspiring and Early-Stage Entrepreneurs

Savvy is a global virtual Fellowship program for passionate and brilliant young people who want to be part of the next generation of impact entrepreneurs. It is available in 111 languages.

Savvy Fellowship provides these individuals with the knowledge and skills necessary to launch their own impact-driven businesses and succeed as entrepreneurs. As a Savvy Fellow, you will be given the knowledge, skills, tools, resources, support network, and community you need to build a profitable, innovative, and sustainable business.

Benefits: Fully-funded virtual program, peer & expert mentorship, access to post fellowship resources, including the opportunity to compete for the $3,000 Savvy Prize.

Application deadline: No deadline; rolling admissions

Click here to learn more.

GrowthAfrica Accelerator Programme 2023

The GrowthAfrica acceleration program is a 6-month support program that guides you in understanding all aspects of your business, internal and external realities, and identifying growth challenges to help you develop clear goals and a comprehensive strategic implementation-ready growth plan.

Through business acceleration activities, strategic advice, and access to investments, the program helps you develop your entrepreneurial leadership and grow your venture.

The accelerator is only open to entrepreneurs from Kenya, Uganda, Ethiopia, Zambia, and Ghana.

Benefits: Investment support, access to mentors and industry-subject experts, help with growth strategy & financial modeling, personalized in-company support.

Click here to learn more.

AFD Digital Challenge for African Digital Startups in Cultural and Creative Industries

The AFD Digital Challenge is an annual competition for digital start-ups that create and implement innovative solutions for African development.

The competition identifies and supports Africa’s top ten digital innovators. These winners will receive up to €20,000 in funding to help them realize their projects and maximize their social and environmental impact. They also receive one year of personalized professional and strategic support. The AFD Digital Challenge’s high profile gives the winners more visibility and helps them make a name for themselves in Africa and internationally.

Benefits: Up to €45,000 grant per winner, international visibility, personalized professional & strategic support.

Application deadline: February 24, 2023

Click here to learn more.

Google for Startups Accelerator for Women Founders in Africa

The Google for Startups Accelerator: Women Founders program is designed to bring the best of Google’s expertise, products, people, and technology to women-led tech startups up to Series A stage that are based in Africa or are developing technology-centered solutions for Africa.

It is a three-month virtual accelerator program for high-potential African Seed to Series A tech startups.

The program includes content and mentorship tailored to the specific needs of female founders, as well as networking opportunities with our global female founders community.

Benefits: Equity-free support, access to experts & mentorship, leadership, design & marketing training, strategic support & technical project partnership.

Application deadline: February 20, 2023

Click here to apply.

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