AcceleratorEnvolve Entrepreneurship is a non-profit organization based in Athens, Greece, that supports early-stage startups and fosters innovation through education, resources, and awards.
Chapter54
Chapter54 is an equity-free acceleration program that assists European scaleups in expanding operations into Africa, bridging the two tech ecosystems.
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Overview
Chapter54 is an accelerator program initiated by KfW, the German development bank, in collaboration with Partech Shaker. It focuses on supporting European companies in navigating the complexities of entering African markets. The program is tailored for highly mature and successful scaleups that are operational in European countries, helping them launch operations in Africa through a structured acceleration process.
Focus
The program targets scaleups with significant recurring revenues and prior experience in international expansion. Chapter54 aims to assist these companies in launching operations in Africa through a structured, operation-focused acceleration process, providing them with the necessary tools and connections.
Support
Chapter54 offers an equity-free acceleration program that lasts up to 8 months, focusing on launching operations in Africa. The program is 82% subsidized and provides a structured approach to market entry, including mentoring, a customized roadmap, market-sizing, local recruitment, and access to an extensive network.
Questions
What is the duration of the program?
The program lasts up to 8 months.
How many companies are selected each year?
Each year, 10 companies from Europe are selected to participate.
Is the program equity-free?
Yes, the program is equity-free and 82% subsidized.
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