Apply to Innovest Ignite Accelerator ($20,000 investment)

Innovest Ignite offers an 8-week digital accelerator program specifically designed for early-stage tech startups founded in Africa. This program is open to startups from any industry and with any business model. The aim is to provide these startups with the necessary support and resources to reach their full potential.

Accepted founders will have access to top mentors, personalized training, coaching sessions, and workshops. They will also have the opportunity to connect with our network of investor partners for potential funding and fundraising opportunities. At the end of the program, founders will have the chance to pitch their ideas to a panel of investors during a Demo Day event.

The Innovest Ignite accelerator programs take place in various cities worldwide and are organized in cohorts. Each cohort consists of 10 startups, and the top 3 startups from each cohort will receive a $20,000 investment in exchange for 2% equity. This investment will be formalized through a Simple Agreement for Future Equity (SAFE).

Eligibility

• To be eligible for this program, you must be a founder of an early-stage startup targeting the Nigerian market.
• Having a co-founder or a team is also a requirement.
• The accelerator is open to startups from any industry vertical and with any business model.
• However, priority will be given to startups that have an MVP, product-market fit, or some traction.
• We value founders who are open to learning, appreciate feedback, and understand the importance of collaboration in the growth of their startup. If this resonates with you, we could be the perfect match for your startup.

Program Details

• The deadline for applications is Wednesday, February 14, 2024, at midnight (GMT+1).
• Following the closure of registration, the accelerator program will commence one week later in a fully virtual format.
• Applications will be reviewed continuously, so it is recommended to submit your application early.
• The Innovest Ignite accelerator program will encompass various components such as facilitator-led sessions, mentoring sessions, professional workshops, investor preparations, and panel discussions.
• Upon completion of the program, founders will have the opportunity to pitch their ideas to investors at a live Demo-Day event held in Lagos, Nigeria.

In addition to these program details, there are several other benefits for participants:

• – Joining a global network of fellow founders, mentors, and investors.
• – The top 25% of the cohort will have the chance to receive seed funding of up to $20,000 in exchange for 2% equity.
• – One-on-one mentorship sessions with industry experts and successful startup founders.
• – Subsidies provided by our strategic partners in areas such as legal, financial, and technology.
• – Ongoing support after the program, including introductions to investors, assistance with business development, and support with hiring.

Application

• To learn more and apply visit the official website
• Deadline February 14, 2024