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VC4A ASIP Accelerator Program for African Entrepreneurs 2022

Backed by anchor partner Telecel Group, the program is ideal for tech-oriented startups looking to scale through corporate and public sector partnerships. We scout, skill, and scale early-stage startups through intensive coaching and opportunities for pilots and Proof of Concept projects that subsequently open the doors for longer-term commercial agreements.

This cohort’s partners include the Government of Senegal, through DER/FJ, a youth and women empowerment structure set up by the President of the Republic of Senegal. With the help of DER/FJ startups will gain public-sector knowledge and support which presents an opportunity to further scale their impact.

The Africa Startup Initiative Program is a program founded by Moh Damush, Telecel Group CEO as a CSR activity.  Telecel Group then partnered with Startupbootcamp AfriTech to create the ASIP Accelerator Program which contributes in a meaningful way to the African community to help the young Startups in Africa whose innovative ideas are creating a difference in their communities.

Starting in 2017, the first SBC AfriTech program accelerated 40 incredible African startups that have set an incredibly high bar for the next program.

  • 88% are still operating and scaling at impressive rates
  • 50% of our startups are self sustaining based on the commercial contracts
  • The average increase in valuation for startups raising capital is 4x- 10x post-Demo Day

About VC4A

VC4A started with the mission to build up Africa’s start up community. Started in 2007, the network building organization has grown organically over the years into what is now the leading community working to build high growth high impact companies globally. Increased economic momentum is fueled by a growing number of entrepreneurs and their ambition to transform society. It is imperative we seek out the collaborations and partnerships needed to bring together the capital, knowledge, and network these entrepreneurs require to succeed – and to provide every entrepreneur with an e... read more


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ASIP Accelerator Program

  • Category Entrepreneurs
  • OrganisationVC4A
  • Country to study -
  • School to study -
  • Course to study Not specified
  • Application Deadline November 11, 2022


Aim and Benefits of ASIP Accelerator Program

During the Covid pandemic, SBC launched Accelerator Squared as a fully online platform that enables startups to access the complete library of content, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the globe.

The Program takes a hybrid format and begins in Dakar, culminating in a physical Demo Day where startup founders pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.

The 10 startups in the program will receive benefits valued at more than EUR 500,000, including credits from AWS, Google Cloud Services, Hubspot, and many more. ASIP Accelerator also invests EUR 15,000 in cash to each startup.


Requirements for ASIP Accelerator Program Qualification

To be eligible for the program, your startup

  • Has to be formally incorporated
  • Has at least 2 people working on the project and devoting at least 50% of their time to the project
  • Has customers or clients using the products or services
  • Is generating revenues from the products or services


Application Deadline

November 11, 2022


How to Apply

Interested and qualified? Go to VC4A on vc4a.com to apply

For more details, visit VC4A website.

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