Title: SaaS Africa Opens Doors for Early-Stage Nigerian Startups with Up to €100K Funding Opportunity
SaaS Africa, the specialized Software as a Service (SaaS) acceleration program, is extending an invitation to early-stage digital B2B SaaS startups in Nigeria and other African countries. With the aim of offering tailored guidance and mentorship, this initiative seeks to empower startups to overcome their go-to-market challenges.
Nigeria’s budding entrepreneurs will have the chance to network with industry experts, mentors, and investors from a vast network of over 600 founders, 350 mentors, and 200 investors. This invaluable networking opportunity will pave the way for valuable partnerships and collaborations with like-minded individuals who share the startups’ vision.
The program primarily targets English-speaking startups in West Africa, particularly Nigeria, as well as those operating in East Africa within the digital B2B SaaS sphere. To be eligible for consideration, startups must have made preliminary progress, possess a strong team, and focus their efforts on areas such as FinTech, AgriTech, or ClimaTech.
The program’s essential requirements include having a functional Minimum Viable Product (MVP), at least two co-founders or team members, and demonstrating customer traction, Monthly Recurring Revenue (MRR), or revenues.
Selected startups will have the opportunity to receive funding of up to €100K, comprising €70K in cash and an additional €30K as part of the program. Additionally, participants will gain valuable knowledge through weekly one-on-one support in areas crucial to their growth, including sales, marketing, and pitching.
The program spans four modules held over several weeks, allowing startups to delve deep into various aspects of building a successful business. Module 1, lasting from Week 1 to Week 5, focuses on setting Key Performance Indicators (KPIs) and building the company, including a Market Engineering Sprint led by the CEO of Startup Wise Guys.
Module 2, taking place from Week 7 to Week 10, centers around communication, sales, and a product sprint to test customer-centered ideas.
Modules 3 and 4, occurring from Week 12 to Week 15 and Week 17 to Week 20, respectively, delve deeper into sales, marketing, growth, and fundraising, with individual mentorship and Progress Day sessions.
Each module is followed by an implementation week, allowing startups to reflect on and implement the knowledge they have gained throughout the program.
Even after the program concludes, startups can continue to benefit from the support of community channels, as well as receiving assistance with future investment rounds and fundraising.
Applications for this exciting opportunity will close on September 7th, 2023. The program organizers will meticulously review all applications and reach out to potential candidates to schedule interviews.
To apply for the program and seize this chance to accelerate your B2B SaaS startup, please visit https://startupwiseguys.com/all-programs/saas-accelerator-program-africa/.
Don’t miss out on the chance to receive funding and tailored guidance that could take your early-stage Nigerian startup to new heights! Apply now and chart your path to success with SaaS Africa.
