Africa Startup Initiative Program,76 Ghanaian startups to compete for Telecel Group2 min read
Leading Africa Telecommunications Company, Telecel Group is bringing its flagship social acceleration and investment program, the Africa Startup Initiative Program (ASIP) powered by Startupbootcamp AfriTech to Accra, Ghana.
Telecel Group ASIP helps to develop new businesses across the continent by working with startups and early-stage companies to define their business strategy and secure funding. Many of the Ghanaian startups who have completed their applications to join Cohort II of the ASIP acceleration program will on January 20, 2022, pitch their innovative solutions at the Impact Hub in Osu, Accra, to an experienced panel of judges and mentors.Telecel Group ASIP is backed by angel investors and program partners including AWS, Google, Microsoft, United Nations, Senegal (DER/FJ), VC4A and many others who offer the top finalists the opportunity to benefit from approximately USD 750,000 earmarked in both cash and support.
The Pan-African tour of Cohort II of the Telecel Group ASIP Accelerator program event has already made stops in South Africa, Kenya, and Nigeria.
The Executive Deputy of Telecel Group and ASIP Director, Eleanor Azar, has arrived in Accra for the Ghana event and says that Telecel Group remains committed to developing the next generation of Tech businesses and entrepreneurs for the continent.
Launched by Telecel Group in 2019 at the World Mobile Congress in Barcelona, the Africa Startup Initiative Program (ASIP) in its first year offered sponsorship to over 20 African startups in the presence of African ICT Ministers and officials of the United Nations.
The first Cohort was highly successful and had a total of 2229 entries after which finalists from various African countries went on to pitch in the grand finale in Dakar Senegal. Cohort II was launched during the Africa Arena event in November 2021, in Cape Town, South Africa.
So far, a total of 1857 applications have been received from across the continent – 76 from Ghana. The application will close on January 28, 2022.
Telecel Group ASIP Accelerator Program powered by Startupbootcamp Afritech created the first virtual program launched across Africa and has an impressive portfolio of continent-wide startups.
By: Sheila Satori Mensa