Make-IT Accelerator Announces 28 Startups for West and East Africa Programme

Make-IT in Africa announces the 28 entrepreneurs from Nigeria, Ghana, Sierra Leone, Kenya and Uganda in the first round of their Make-IT Accelerator Programme.

Make-IT in Africa says, for the next nine months, it is going to support these digital startups in building, fostering and strengthening their companies. The accelerator programme is designed for growth and entrepreneurs will be provided with the necessary skills to scale their innovation and achieve growth co-operation and investment readiness. It is a free programme which requires commitment and willingness to engage in the activities it involves.

The West Africa accelerator programme will be hosted by CcHUb in Lagos-Nigeria and the participating companies are;

And the East Africa programme will be hosted by Nailab in Nairobi-Kenya and these are the startups;

RECOMMENDED -  Africa's Multi-Vendor Fashion Hub, Ahwenepa, Relaunches as Ahwenepa Fashion Niche

The accelerator programme, had over 280 applications from startups across Africa and it kicksatsrt this January, 2018. And is being implemented by the German International Cooperation (GIZ), Endeva, CcHub and Nailab on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as part of BMZ’s Digital Africa Initiative.

The accelerator programme is structured in three phases:

  •  Inspire – Achieve the Capacity for Growth (Jan – Mar 2018): cohort-based training and capacity development for growth, including individualised needs assessments and scaling plans and regular meetings with experienced acceleration managers to help them develop and grow their businesses.
  • Connect – From Cooperation Readiness to Cooperation (Apr – Jun 2018): B2B cooperation readiness training, individual support, preferred access to B2B matchmaking events with major international corporates and access to the Make-IT mentor pool as needed.
  • Develop – From Investment Readiness to Investment (Jun – Aug 2018): support from finance and investment experts, who will help them achieve investment readiness, prepare the se startups with the skills to negotiate investment deals and provide pitch training for a final Demo Day in Lagos or Nairobi.
RECOMMENDED -   €100M Partech Africa Launched to Expose African Startups to European and US Markets

Got any African tech tip or news article for publication, send it to editor@thespiritedhub.com.

Follow #TSH on Facebook and Twitter for more trending news!

17 Shares
Share
Tweet
+1
Share
Pin