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The AFRICATWENTY10 Acclerator Has Began

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Different statistice say that the largest population is Africa belongs to the under 25 year olds, which constitutes 60 percetn of the total population.

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This means that it has the highest number of workforce which needs to be put into entrepreneurship and will see the African GDP excalate. According to an annual report published by GEM, sub-Saharan Africa is the region with by far the highest number of people involved in early-stage entrepreneurial activity with Zambia and Nigeria leading the world rankings.

In light of these great strides of Africa in entrepreneurship many accelerators have being established to catalyze the growth of entrepreneurship in Africa

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The AfricaTwenty10 Accelerator is looking to solve the problem of the growth of very few truly large African companies (e.g.  Seven Seas, Mara Group, Naspers) due to the fragmented and small market size in the different countries. This affects the continents ability to create strong companies and ecosystems.

Africa Twenty10 is an accelerator which will provide a three (3) month intensive program for startups to enable them launch in multiple markets to access bigger market sizes.

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We aim to balance the companies that we accept to include a fair balance of female led startups, social enterprises along with other profitable and impactful startups.

The Program is supported by Microsoft 4 Afrika Initiative, Appfrica Venture Capital Fund, Expand HR Services and innovation spaces across Africa including iSpace in Ghana

Application opens on 31st October 30, 2014 .To apply, visit www.AfricaTwenty10.com

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Caroline Vutagwa
Caroline Vutagwahttps://my.techmoran.com
Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

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