VC4A has announced the call for applications to the VC4A Venture Showcase Africa – 2023, the annual accelerator program that spotlights high-growth, high-impact ventures driving economic growth throughout the continent. The Showcase is an opportunity for African founders leading innovative and disruptive startups and scaleups, generating revenue and looking to raise their Seed or Series A round, to showcase their businesses to the most active investors on the continent.
Since its launch in 2017, the VC4A Venture Showcase Africa has helped its alumni raise over $630 million, highlighting the program’s success in fostering entrepreneurship and innovation in Africa.
This edition, VC4A has partnered with Work In Progress and the African European Digital Innovation Bridge, AEDIB|NET (funded by the EU Horizon 2020 programme). Through VC4A’s partnership with AEDIB|NET, VC4A aims to provide four themed tracks, namely Climate Smart Agriculture, Smart Cities, Digital Trade, and Clean Tech, in addition to the two primary tracks of Series A and Seed fundraising. AEDIB|NET is dedicated to supporting African-based startups with disruptive solutions in one of the themed tracks in 11 select African countries.
Abu Cassim, acceleration team lead at VC4A highlights how this program is different, “The real value of the VC4A Venture Showcase Africa program is the level of investor engagement. Investors are involved in referring startups, selecting the most appropriate companies, in the delivery of masterclasses and in the final pitch process. As a result, participating companies receive visibility with investors throughout the process.”
We are excited to invite other partners who share our vision and commitment toward strengthening entrepreneurship in Africa to join us. Working together, we can provide more significant opportunities for African founders to showcase their businesses and connect with prospective investors and partners.
To apply for the VC4A Venture Showcase Africa – 2023, visit the program page. The application period opens from April 10 to May 17, 2023.
VC4A is an ecosystem builder that leverages its infrastructure, network and expertise for the programs that contribute to the startup movement in emerging markets. Since 2008, the organization designs, structures and implements successful entrepreneurship programs on the continent. VC4A runs an online platform featuring the world’s largest database of startups in Africa and Latin America and connecting entrepreneurs to resources, networks and funding.
The Work in Progress! Alliance, funded by the Dutch government, aims to enable young people from diverse backgrounds to generate sustainable living wages and create optimism about their future. As a member of the Alliance, VC4A works with partners on the acceleration of start-ups and the offering of business development services (BDS) to impact-driven small and medium-sized enterprises (SMEs) so they can employ more young people.
The African European Digital Innovation Bridge (AEDIB|NET) is an EU/Horizon2020 project that aims to strengthen a common African European digital innovation ecosystem by supporting local digital innovation and startup Ecosystems in Africa, thereby facilitating the collaboration between European and African innovation hubs. The project has a specific focus on Climate Smart Agriculture, Smart Cities, Digital Trade and Cleantech.