Africa’s leading
Telecommunications company, Telecel Group, is set to roll out its flagship social accelerator and investment program next week, the Africa Start-up Initiative Program
(ASIP) powered by Startupbootcamp AfriTech in Ghana beginning next week.
The ASIP/SBC/AfriTech scouting team will be in Accra on 27th
October 2022 to scout prospective startups for enrolment in the program
after holding similar events in Abidjan, Lagos, Kampala, Addis Ababa, and Nairobi.
Applications for Cohort 3 of the ASIP Accelerator program, which will be launched in February 2023, opened in August this year.
“We usually encourage startups to attend the country
FastTrack events to enable them to get real-time feedback from our panel of experts. From our experience, about 20 percent of startups that attend the events
usually make it to the final round. It is a fantastic opportunity to network with
our investment team and get more information about the program”, said Henry
Ojuor, the Director of the Accelerator Program.
The Ghana FastTrack, to be held at the Accra Digital Centre,
coincides with Ghana Digital Innovation Week.
“The Ghana Digital Centre (GDCL) is excited to host the
Fasttrack event. It comes at a time when GDCL is intensifying collaborations
with key stakeholders to identify and create opportunities that accelerate the
growth of digital startups in line with its objective of fostering innovation
and entrepreneurship through the provision of platforms for business
incubation, business acceleration, digital research, and development programs”,
said Kwadwo Baah Agyemang, the Managing Director of the Ghana Digital Centre.
The Executive Deputy for
Telecel Group and Director of ASIP, Eleanor Azar, said: “The potential we see
in Ghana is exponential, and we look forward to welcoming more Ghanaian startups to ASIP. The support of the Accra Digital Center to pursue our goals in Ghana
and launch the ASIP Initiative has been instrumental, and we look forward to
more events like this”.
The
upcoming cohort will include businesses disrupting key industry verticals: FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health,
CleanTech, Mobility, Micro-leasing, and digitizing the informal economy.
Telecel Group CEO Moh Damush, founded by Telecel Group ASIP, designed to develop new businesses
across the continent by working with startups and early-stage companies to
define their business strategy and secure funding. With the support of leading pan-African tech
accelerator Startuobootcam AfriTech, the program has since 2021 empowered 21 businesses
with a combined valuation of over USD 80 million.
ASIP is supported by partners such as DER/FJ
(a Department of the Republic of Senegal), the Dutch Entrepreneurial
Development Bank (FMO), ENRICH
in Africa (a European Union-funded project), AWS, Microsoft, and Google.
If you are a founder
looking for support, register to attend: https://bit.ly/FT-Startup
If you are an investor or
ecosystem player looking to share insights and give feedback to founders,
attend as a mentor: https://bit.ly/FT-Mentor
Applicants can
apply here: bit.ly/SBC-Apply3