Accelerate Africa Venture Fellowship
Accelerator
Discover how to join
Accelerate Africa Venture Fellowship
including requirements, application process, and compensation and explore other programs to join!
Accelerator
Accelerate Africa is a pre-seed and seed-stage accelerator launched in January 2024 by Iyin Aboyeji through Future Africa, with the explicit ambition of becoming "the Y Combinator of Africa." The accelerator was launched with a $750,000 grant from USAID through the Prosper Africa initiative. Unlike many African accelerators that operate remotely, Accelerate Africa runs entirely in person, requiring founders to participate on-site for the full program duration. Each cohort selects 10 pre-seed or seed-stage startups from any sector across all 54 African countries. The program focuses on enhancing founders' skills in storytelling, team building, business development, product development, and fundraising, aiming to accelerate founders to reach $1 million in revenue within 18 months of completing the program.
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Accelerate Africa aims to empower pre-seed and seed-stage startups across Africa by providing intensive in-person training and access to funding. The program focuses on enhancing essential skills for founders and aims to help them achieve significant revenue growth post-program.
The program is open to pre-seed and seed-stage startups from any sector across all 54 African countries. Founders must be available for the full in-person program duration.
Startups receive 8-10 weeks of intensive in-person acceleration, potential investment from Future Africa post-program, and access to pitch to angel investors and institutional funds.
The program is free for participants.
The program lasts 8-10 weeks, with two cohorts per year.
The program requires a full-time commitment from participants during the 8-10 week duration.
The program requires in-person participation for the full duration, ensuring that founders engage directly with mentors and peers.
"Exclusive: Aboyeji and Koschitzky-Kimani launch the YC of Africa" - TechCabal, January 2024. "Iyin Aboyeji's Accelerate Africa selects 10 African startups for its pioneer cohort" - The Condia, 2024. "Accelerate Africa Launches with $750k Grant" - TechMoran, January 2024. "Future Africa and Prosper Africa to Launch Accelerate Africa" - Future Africa Blog, 2024.
Applicants should ensure they are available for the full program duration and prepare to engage fully with the curriculum and mentorship opportunities.
Q: What is the duration of the program? A: The program lasts 8-10 weeks. Q: How many cohorts are there each year? A: There are two cohorts per year.
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