Are you an African Tech Startups with aspirations of expanding to Europe? The ENRICH in Africa (EiA) is inviting all African Tech Startups to apply for their ENRICH in Africa (EiA) Scaling Program designed to assist promising African Tech Startups in venturing into the European market.
About the ENRICH in Africa (EiA) Scaling Program for African Tech Startups
Supported by Co-Creation Hub (CcHUB), a leading pan-African hub, this program is all about empowering startups to not only grow but also tap into new opportunities in Europe. It’s not just about business expansion; it’s about making a positive impact on socio-economic and environmental aspects as well.
Over the course of 4 months, the scaling program will guide African tech startups through a tailored journey, offering them insights into the European Union market, local market dynamics, personalized assistance, and mentorship. Moreover, startups will gain access to funding opportunities facilitated by ENRICH in Africa Champions and the extensive CcHUB network across Europe.
Eligibility Requirements
To be eligible for the ENRICH Africa scaling programme for African Tech Startups you should meet the following criteria:
- Be a registered entity incorporated in any African country.
- Offer an innovative product or service that can solve a relevant problem in the European market.
- Have a business model with proven success in the African market.
- Have a clear intention to expand into a specific European market, identifying distinct opportunities.
- Demonstrate effective communication skills in English, both in speaking and writing.
Application Process
The call for applications for the scaling programme is currently open and will officially close on August 11, 2023. You can submit your application using the Application Form link.
Screening and Shortlisting: Applications will be evaluated as they are received, and the shortlisting process will be ongoing.
Program Structure and Benefits
If you’re interested in applying for the ENRICH in Africa scaling programme for African Tech Startups:
- Tailored Support: You will receive 4 months of specialized assistance to expand your tech startup into the European market.
- Market Insights: Gain access to valuable market insights that will help you better understand the needs and opportunities in the European market.
- European Immersion: Experience a one-week on-site immersion event in Dublin, Ireland. This event includes knowledge sessions, and networking opportunities with mentors, advisors, potential partners, and industry players from Europe.
- Capacity Building: Strengthen your startup’s capabilities for entering new markets and becoming investment-ready.
- Expert Guidance: Access subject matter experts who will provide feedback and strategic insights on how to scale your venture successfully.
- Mentorship: Get assigned a dedicated mentor who will guide and support you throughout the scaling programme.
- Funding Access: Enjoy facilitated access to funding from investors, venture capitalists, and European development finance institutions.
- Partnerships: Explore collaborations and partnerships with European startups, corporates, and key stakeholders in the target market.
- Community: Become part of a vibrant community of African entrepreneurs who are scaling their ventures. Benefit from networking opportunities, peer-to-peer learning, and knowledge sharing.
- Interviews and Selection: If your application is shortlisted, you will be invited to an interview with the team. After this, the finalists will be selected and notified.
Program Requirements
The ENRICH in Africa scaling programme, in collaboration with CcHUB, will utilize CcHUB’s expertise in startup support and its wide network of partners to offer African tech startups the necessary resources and guidance for success in their chosen European markets. To be eligible for the programme, you should:
- Commitment: Be available to actively engage in the virtual programme activities until December 2023.
- Financial Responsibility: Cover your own expenses for travel and accommodation related to the one-week European ecosystem immersion event.
- Logistics Support: Selected startups will receive invitation letters, visa application guidelines, and relevant information regarding Ireland.
Overview
Types of Opportunity: Scaling program for African tech startups.
Deadline: Applications are open until August 11, 2023.
Worth: Selected startups receive specialized support, market insights, mentorship, and potential funding access.
Open to: African tech startups with aspirations to enter the European market.
Duration: 4 months, with ongoing engagement until December 2023.
Location: Virtual, with a one-week European ecosystem immersion event in Dublin, Ireland.
Organizer: ENRICH Africa.
Country: African
Inquiries
For inquiries or more details, reach out to:
Yandile Nuku Email: yandile@cchub.africa
Regional Programme Manager
Website: CoCreation Hub www.cchub.africa
Visit the official website of the Enrich in Africa (EiA) Programme
