Pangea Accelerator has unveiled the Pangea Scale-Up program for East African startups. The 18-months programme is aimed at empowering and assisting startups having challenges with fundraising in East Africa.
Pangea has implemented accelerator programmes in the past 3 years and learned that many successful startups in East Africa have difficulties accessing follow-up investment ranging between $0.5-$3 Million.
The programme will help in fundraising for startups in the post-acceleration phase and hence, cut the amount of time spent on investor meetings by almost half. There are no application charges, but to keep the program sustainable, the program earns a 5% commission from any/all investment closed.
Eligibility
- Impact driven startups in the following sectors: Fintech, HealthTech, Logistics, Agriculture, Renewable Energy and Digital Solutions,
- Participating startups must have a strong and agile team
- Startups must be Technology-focused companies with traction
Benefits
- Selected companies will have access to
- Private funding between 0.5-3 million
- Support with Soft funding applications (Assistance in soft funding applications)
- Support in B2B sales and partnerships
- Coaching sessions to address your business needs and mentoring
How to apply
Are you a startup from East Africa? Apply here for the Scale-Up program by Pangea Accelerator. The deadline for application is Sunday, May 30, 2021
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