MBTN 

 AFRICA INNOVATION 

 ACCELERATOR 

 Applications Closed 

ABOUT

The MBTN Africa Innovation Accelerator program aims to identify, support and fund the next generation of technology enabled start-ups solving problems in African Markets. Join the program to grow your company and get ready for global scaling.

 

We support entrepreneurs with a strong purpose by connecting them to the brightest business minds in industry. The program provides access to the African startup ecosystem, industry specialists, corporate partners, talent, capital and coaching.

We’re interested in startups that are creating the future of Africa’s development story, using promising new technologies to make a positive impact. For the MBTN Africa Innovation Accelerator program, we are looking for founders with:

Domain Expertise

We are looking for deep expertise and knowledge in one specific domain. The perfect founder profile has vast experience working in one specific industry and deeply understands the challenges in and around this industry.

Deep Tech Solutions

We are looking for core proprietary tech solutions. We are open to businesses in any industry, however you will be addressing a need in at least one African market, leveraging technology to tackle the specific problem you are trying to solve.

MARKET

We connect founders to the most relevant industry players and facilitate the process in order to drive partnerships and pilot customers for the startups in the program.

EXPERTISE

We have brought together an impressive line-up of mentors, who bring expertise in entrepreneurship, doing business in Africa and building businesses around technologies from scratch.

COMMUNITY

We give founders access to the MBTN Network with networking events, meetups, conferences and other relationship building experiences.

CAPITAL

We match and set up events so startups can leverage our network of local and international investors. We support startups with capital raising during and after the program.

THE ACCELERATOR PROVIDES ACCESS

FUNDING

Each startup will get an opportunity to pitch to our network of venture capital and angel investors, with the chance to win funding.

TRAINING & COACHING

The accelerator program includes a component focused on business and operational skills training, as well as coaching around how to turbocharge your investor engagement efforts.

MENTORSHIP

Intensive individual mentoring and strategy sessions during the core of the program. Our mentor network consists of key international experts.

INVESTOR NETWORK

200+ local and international investors who are interested in meeting and investing in Africa focussed startups.

NETWORKING

With over 100 international events in cities across the globe and a vast network of startups, experts and investors, we offer an international community to startups. This way you can be best prepared for global scaling.

ALUMNI PROGRAM

After the acceleration program, you will get access to our Alumni Program that includes fundraising advice, PR and marketing support, legal and administrative services, and access to exclusive deals.

WHAT WE OFFER

PROGRAM TIMELINE

1st September

Applications Open

15th January

Program Begins

31st October 

Applications Close

25th March

Demo Day - Investor Pitches

1st November

Interviews & Selection Starts

15th December

Top 10 Startups selected

WHAT YOU'LL LEARN

PITCHBOOK PREPARATION

BUSINESS PLAN DEVELOPMENT

ACHIEVING PRODUCT MARKET FIT

KPI'S & PERFORMANCE METRICS

BUSINESS DEVELOPMENT/ SALES

NETWORKING

HIRING TACTICS

FUNDRAISING

FAQ

DO YOU CHARGE A FEE TO STARTUPS WHO JOIN THE PROGRAM?


No its free for all accepted startups.




WHO SHOULD JOIN THE MBTN AFRICA INNOVATION ACCELERATOR?


If your team is dedicated to turning your startup into a high-growth company, our Accelerator is a radical opportunity to push your vision forward.




MY STARTUP TARGETS A GLOBAL MARKET, NOT JUST IN AFRICA, CAN I APPLY?


Yes you can. As long as your target market includes at least one market in Africa e.g. Cape Town, Lagos etc., you can apply. It doesn’t matter if you are also targeting customers in other international markets.




WE HAVE ALREADY RECEIVED SOME FUNDING AND/OR ARE NOT EARLY STAGE. CAN WE APPLY?


Yes. Your investor(s) would probably like you to join an accelerator because they know what kind of support you can get by participating. Seed investors often spend a lot of time coaching the companies they invest in to increase their survival rate but cannot organize a mentor network or provide the expertise an accelerator can. Our Accelerator will help you bring your startup to the next level by teaching your team how to think through your business proposition, open doors that used to be closed, help you with funding, marketing, and PR, and make sure you lay the foundation for growth plus lots more. We tailor the program to meet the needs of our selected startups.




I AM BY MYSELF AND DON’T HAVE A TEAM, CAN I APPLY?


Yes you can. However, we prefer teams of at least two people to join the program. It is difficult enough to build and grow a business, so you should have a partner to be able to make it a success. During the selection period, we focus on team dynamics and it’s a critical component of the selection process. You and your teammates should have complementary skills and positive team dynamics to be able to make it work.

That said, we do realize it is sometimes difficult to find the right partner. If you are very convinced that your startup should be part of the program, we recommend you apply. We might be able to connect you to the right partner.




DO WE RECEIVE ANY FUNDING BY BEING IN THE PROGRAM?


Most likely. After the 12 week program, you will get the opportunity to pitch in front of our carefully selected panel of Venture Capital and Angel Investors at the MBTN Accelerating Ideas Conference on 25th March 2020 in London.




WHERE WILL WE LIVE DURING THE PROGRAM?


In order for startups to benefit the most from all program elements, we require founders to live and work in or around London for the full duration of the 4-week program. Our team can assist you in finding accommodation in London, if required.




WHAT DOES IT TAKE TO GET ACCEPTED INTO THE PROGRAM?


We believe in the power of a great team. Since our program is extremely intense and requires full team dedication, it’s important that you have a strong team in place with a track record, motivation and potential. We’re also looking for innovation. It doesn’t mean that you have to come up with a totally original idea, but your execution of that idea has to be unique. We’re looking to change AFRICA with the startups we work with.




WE ONLY HAVE AN IDEA, ARE WE TOO EARLY STAGE TO APPLY?


In order for us to help you get the most out of the program, we’re primarily looking for startups that have developed at least an MVP (minimum viable product), have customers or users and some traction. If your idea is still on the back of a napkin at the moment, we suggest you apply for the next batch. However, as long as you have a business vision by the time our applications open, we’d love to hear it.




ARE THERE GEOGRAPHICAL RESTRICTIONS TO APPLYING TO THE PROGRAM?


No. We are open to startups from all over the world. This specific program will be run in London. If you live outside of London, we will support you in applying for a UK visa.




I HAVE MORE QUESTIONS


If you have more questions, please contact us





 Applications Closed 

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