AcceleratorThe Bulb Africa is a technology talent incubator based in Africa, focused on nurturing and developing tech talent in the region.
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Madica is an Africa-focused accelerator launched in 2022 that supports pre-seed stage mission-driven founders by providing funding and structured company-building support.
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Madica is a structured investment program founded in 2022, based in Africa. It focuses on empowering mission-driven founders by providing access to world-class company-building support, particularly for pre-seed stage companies. The organization aims to address the challenges faced by early-stage startups in Africa, including limited access to capital, mentorship, and structured training.
Madica invests in pre-seed stage companies across Africa. The program provides up to $200,000 in funding and offers 18 months of structured support, which includes mentorship, executive coaching, peer-to-peer learning, and access to global networks and investors. The organization prioritizes startups led by local founders who are engaged full-time and have ideally raised little or no institutional funding.
Madica offers mentorship, executive coaching, peer-to-peer learning, and access to global networks and investors, alongside financial investment to support the growth of early-stage startups.
Q: What stage companies does Madica invest in? A: Madica focuses on pre-seed stage companies. Q: How much funding does Madica provide? A: Up to $200,000 in exchange for equity ownership. Q: Is there a specific application deadline? A: Applications are accepted on a rolling basis.
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