Key dates and key milestones of the program
Applications open
23 May 2024
1
Late Applications close
22 July 2024
2
Accelerator Kick-off
02 August 2024
3
Demo Day
10 October 2024
4
A refocus on Tech4Good: Innovation where it’s needed most
The MC Investment Readiness Accelerator Program focuses on exponential technologies that address critical challenges facing society and help build more sustainable and inclusive communities in Africa commonly known as Tech4Good. Through our various endeavors, we help drive social change and impact financial wellbeing across Africa through a 8-weeks investment readiness program for african entrepreneurs, during which mentors help you redefine your business model, research potential investors, and bring your elevator pitch to the next level.
15 start-ups are selected to participate in an intensive acceleration programme, which will take place online and ends with a Demo Day, where the founders pitch the results in front of an international jury. The programme targets startups based on the African Continent with business models that have a social or environmental mission and hence are dedicated to positive change in their society.
-
Main Startup categories targeted: Health-Tech, Ed-tech, Climate Tech, Agri Tech, Food Tech, Mobility, SaaS, Logistics, Fintech, Civic Tech and Governance, AI, and any solutions that would help build more sustainable and inclusive communities.
.jpg)
Maloba Consulting's Acceleration Program is designed for startups aiming to achieve investment readiness and sustainable growth. By the program's completion, participants will have gained a deep understanding of the African venture capital ecosystem and the essential skills and strategies required to secure funding, foster business growth, and contribute to economic development in Africa.
Each week, 6 hours of in-depth group workshop sessions and individual mentorships will be given to ensure each participant maximise their learning goals.
Key information:
-
Starting date: 02 August 2024
-
Duration: 8 Weeks
-
Application close: 10 October 2024
-
Format: Online
-
Virtual Cadence: 3 cohort sessions + 1 office hour each week
-
Time: 5pm -7pm (SAST)
-
Office Hours: To be arranged by the candidate and his/her assigned mentor
-
Curriculum and Learning Outcome
Accelerate your venture
)%20(1).jpg)
"Our mission is to equip individuals with the right tools to think innovatively, build startups and contribute to the country’s economic growth."
Daniel Maloba - CEO
FAQs
What is the duration of the program?
Our program spans 8 weeks, providing intensive learning and support to early to growth stage startups.
How does mentorship work?
Entrepreneurs are paired with experienced mentors for personalized one-on-one sessions, known as "office hours." These meetings occur weekly, providing guidance, feedback, and insights.
Is the program entirely online?
Yes, our program is conducted in an online cohort-based format, offering flexibility and accessibility to entrepreneurs from various locations.
What are the learning assessments like?
Participants will undergo a series of quizzes and online assessments to reinforce their knowledge and measure their progress.
Do I receive any certification upon completion?
Absolutely. Entrepreneurs who successfully complete the program will receive a prestigious certificate, accompanied by a final percentage to recognize their achievement.
How are real-life assignments evaluated?
Entrepreneurs will be evaluated based on their performance in real-life assignments, which may include tasks like closing deals or making sales. This practical application ensures that learning is translated into tangible results.
Is the program tailored to a specific industry?
Our program is designed to benefit a wide range of industries and sectors. It offers a foundation of skills and knowledge that can be applied across various business domains.
What support is available after the program ends?
While the formal program lasts for 8 weeks, we believe in the value of long-term connections. Participants have the opportunity to remain part of our alumni network, providing ongoing support and networking opportunities.
Can I join the program if I'm a solo entrepreneur or part of a team?
Our program is open to solo entrepreneurs as well as teams. We provide guidance and mentorship to suit the unique needs of both individual founders and startup teams.
Have you ever wondered, "How can I make a difference in the world?" Here is your opportunity to do just that. As a mentor, you have the privilege to guide these aspiring entrepreneurs, sharing the invaluable insights you've gained through years of hard-earned experience.
It's about more than just mentorship; it's about helping them navigate the challenging entrepreneurial journey from start to success. By guiding and supporting these entrepreneurs, you are directly contributing to positive change in the world. You're helping to create jobs, reduce food insecurity, eliminate poverty, and so much more.
Your wisdom and mentorship can be the catalyst for transformative impact. Join us as a mentor, and together, we'll make the world a better place, one startup at a time.
Apply To Become A Mentor
PROGRAM GRADUATES
Criteria
-
You passed the MVP stage or already working with design partners on an existing product or service, in the process/quest of raising a fund, or are close to first close;
-
You are a registered B2B/B2B2C/B2G company, less than 7 years old.
-
You are creating solutions that have for aim to create positive social transformation;
-
You have a gender-balanced team with at least 30% of the team represented by females;
-
You must be operational or intended to be operational (expand) within the African region i.e. directly benefit the African region.
Key/Indicative Dates: The Accelerator is currently scheduled to run from August 02 - October 10, 2024. The deadline for late application is July 22nd, 2024.
-
You passed the MVP stage or already working with design partners on an existing product or service, in the process/quest of raising a fund, or are close to first close;
-
You are a registered B2B/B2B2C/B2G company, less than 7 years old.
-
You are creating solutions that have for aim to create positive social transformation;
-
You have a gender-balanced team with at least 30% of the team represented by females;
-
You must be operational or intended to be operational (expand) within the African region i.e. directly benefit the African region.
Key/Indicative Dates: The Accelerator is currently scheduled to run from April 15 - June 15, 2024. The deadline for application will be April 10th, 2024.
Complete the application form
Please click here to fill out the application form, providing all necessary information and details.
Application review
Our team will process your application evaluating it based on the provided information and criteria.
Notification of selection
If your application meets our criteria and aligns with the accelerator's objectives, we will notify you of your acceptance into the accelerator on or before July 30th, 2024
Application Process
POWERED BY
