Open Startup (OST) 2024 Investment Readiness Program for African Startups

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About Open Startup (OST) 2024 Investment Readiness Program

Grow is a 12-month investment readiness program designed for advanced startups in Africa. Developed in collaboration with AfricaGrow, BPI France, Go Ventures, and Africinvest Group, GROW aims to support African startups that fundraised up to 350K USD and are aiming to reach their first 1M USD and expand their businesses in new markets.

• Sponsor Organisation: Open Startup

Benefits of Open Startup (OST) 2024 Investment Readiness Program

• Business Assessment: Curated workshops & personalized content with a focus on fundraising.
• Hands-on support: Including 1:1 meetings, world-class coaching, and progress check-ins.
• Talent Fellowship: Benefit from a fellowship that provides financial assistance to hire talent.
• Community: Join a diversified & vibrant startup community.
• Technical Assistance: Access expert guidance to optimize your IT systems, intellectual property, code quality, and data security.
• Investor Access: Connect with a wide network of individual and institutional investors from the MEA region, pitch your startup, and secure potential investment opportunities.
• Regional Exposure: Benefit from financial support to participate in international ecosystem events and expand your presence in new markets.

 

Open Startup (OST) 2024 Investment Readiness Program Requirements

• Startups who raised 250k and looking to raise up to $1M, or they have significant sales/traction (about $500k ARR in revenues)
• Startups impacting Africa: Operating in Africa. Creating jobs in Africa
• 2-4 co founders: At least one African cofounder

Application Date and Process

• Click on the link to the application website to apply.

Application Deadline

31 August, 2024

Scholarship Application Portal

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