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Home»Search by Region»Africa»Ventures Platform (VP) Accelerator Program 2017

Ventures Platform (VP) Accelerator Program 2017

Opportunity DeskFebruary 17, 20172 Mins Read
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Deadline: February 28, 2017

Ventures Platform Hub’s Accelerator Program is a pro-founder series of coordinated activities and interventions designed to support startups at the MVP stage with mentorship, business re-engineering, work space, living space, back office support, shared services and seed funding. The goal is to ensure that by the end of the 3 to 4-month program, accepted startups will have attained product/market fit, gained traction (revenue, partnerships, and commitments) and will be ready for early stage investors that they will meet during the program and at the Demo-Day event, that ends the program.

Benefits

  • Selected startups are provided with seed funding of $20,000 in exchange for 10% equity. Of the total amount, $15,000 is a direct cash receivable over the course of the program, while $5,000 will be in essential services tailored to fast track the growth of each business;
  • Startups are expected to work from Ventures Platform Hub during the 12- 16 weeks of the program and on campus accommodation will be provided for a maximum of two team members per startup on a need basis;
  • Each startup, will be provided with business advisory, business development, strategy mapping, mentor/advisor support, back office, shared services and work space.

Eligibility

  • Open to Startups and Tech Entrepreneurs

Selection Criteria

Candidates are assessed based on but not limited to the following criteria:

  • Passion
  • Ingenuity
  • Stick-to-it-iveness
  • Market Viability
  • Capacity to execute

Application Process

Begin application here

For more information, visit Ventures Platform (VP) Accelerator Program.

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