Are you an early-stage tech startup based in Africa? If so, the Baobab Network Accelerator Program 2024 could be the perfect opportunity to take your business to the next level.

What the Program Offers:

• Intensive Consulting: Benefit from two weeks of expert guidance to refine your business strategy and execution.
• Hands-On Support: Receive ongoing support from venture partners and a network of experts throughout the three-month program.
• $100,000 in Funding: Secure essential capital to fuel your startup’s growth.
• Remote Flexibility: Maintain focus on your business while participating in the program remotely.

The Baobab Network provides two weeks of intensive consulting at the beginning of each accelerator program. This is followed by three months of practical assistance from their network of partners, specialists, and venture partners. In order to prevent entrepreneurs from having to spend a lot of time away from their company, the program is conducted remotely.

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Who is Eligible?

To qualify for the Baobab Network Accelerator Program, your startup must:

• Be based in Africa: Your business should be rooted in the African continent.
• Be tech-oriented: Leverage technology to solve critical problems.
• Have a minimum viable product (MVP): Demonstrate progress and market validation.
• Be a for-profit organisation: Focus on generating revenue and growth.
• Operate in sectors like fintech, clean technology, data analytics, or mobile payments.

How Does the Program Work?

1. Application: Submit your startup application to be considered for the program.
2. Selection: A rigorous selection process identifies the most promising startups.
3. Intensive Consulting: Participate in two weeks of intensive training and mentorship.
4. Hands-On Support: Receive ongoing support from our team of experts and network partners.

How to Apply:

1. Submit your application in English by October 2, 2024.
2. Showcase your startup’s potential: Highlight your team, product, market, and traction.

Baobab Network is a leading accelerator program dedicated to supporting early-stage startups in Africa. With a proven track record of success, Baobab Network provides founders with the capital and expertise they need to build world-class businesses.

Why Choose Baobab Network?

• Transformative Support: Receive the guidance and resources you need to succeed.
• Minimal Equity Stake: Baobab Network takes only a 12.5% equity stake, allowing you to maintain control of your business.
• Lifetime Network Access: Benefit from a valuable network of experts and mentors.
• Proven Track Record: Our portfolio companies have raised over $55 million in follow-on funding.

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While Baobab Network do prefer startups with a minimum viable product (MVP) and some early traction, they are open to considering ideas that have demonstrated significant market demand.

If your startup is still in the ideation phase, please provide evidence of customer interest, such as sign-ups, waiting lists, or offline purchases, to demonstrate the potential market for your product or service.

Join the Next Cohort

The next cohort for Baobab Network’s 2024 Accelerator Program kicks off in October 2024. Don’t miss this opportunity to accelerate your startup’s growth.

Apply Now: https://thebaobabnetwork.com/apply-now/.Let Baobab Network help you build the next great African startup.