Zafy Tody is a startup incubator and accelerator based in Antananarivo, Madagascar. Founded in March 2019, it evolved from an earlier initiative called 'Startup Madagascar,' which was initiated in 2017 by Andréa Zafitody. The organization aims to accelerate the startup ecosystem in Madagascar by providing support to young Malagasy entrepreneurs, creating jobs, and fostering a better future for local talents.

Zafy Tody focuses on nurturing startups in Madagascar, particularly those with a technology or digital component. The organization offers end-to-end incubation, including funding without taking equity, technical and business coaching, entrepreneurial training, and access to office infrastructure. It aims to support 5 to 10 startups per year through its SEED and RISE programs.

Zafy Tody offers funding without equity requirements, technical and business coaching, entrepreneurial training, and access to office infrastructure to support startups.

<p><strong>What are the eligibility criteria for Zafy Tody?</strong></p><p>Startups must be based in Madagascar and have a technology or digital component. They should be at the pre-seed or seed stage and demonstrate potential for growth and impact.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the online application form available on the Zafy Tody website. Applications are currently being accepted, and the selection process involves reviewing the startup's business model and potential.</p><p><strong>What are the deal terms for funding?</strong></p><p>Zafy Tody offers funding without taking equity from the startups. This allows entrepreneurs to retain full ownership while benefiting from the support provided.</p><p><strong>What is the format of the program?</strong></p><p>The program is primarily in-person and lasts for 26 weeks. It includes mentorship, workshops, and access to resources that help startups grow.</p><p><strong>What makes Zafy Tody different from other accelerators?</strong></p><p>Zafy Tody focuses on technology-driven startups in Madagascar and provides funding without equity requirements, which is a unique offering in the region.</p><p><strong>What are the success metrics for alumni?</strong></p><p>Success is measured by the number of startups that secure funding, achieve revenue growth, or win awards post-incubation. Zafy Tody has incubated 73 startups, with 12 recognized for their achievements.</p>