Applications have opened for the third edition of the Startup Wise Guys accelerator, which offers selected B2B Saas startups access to EUR100,000 (US$110,000) in funding, as well as an intensive five months of mentorship.
Founded in Tallinn, Estonia in 2012, Startup Wise Guys manages SaaS accelerator programmes out of Milan as well as cybersecurity programmes from Cosenza. The company has so far worked with more than 600 founders, made more than 235 startup investments, and seen a handful of exits.
Disrupt Africa reported in 2021 the company had expanded to Africa, holding its first programme in Namibia, and in February of this year it closed the first EUR25 million (US$26.7 million) of a EUR45 million (US$48 million) fund that will be partly used to scale African operations.
Selected startups will be invited to participate in a five-month intensive accelerator that will combine online modules with local and international mentors and experts. They will gain access to EUR100,000 (US$110,000) in funding, in return for an equity stake worth up to 12 per cent.
Companies working in English-speaking startups from across Africa are encouraged to apply, with the committee giving particular focus to Nigeria, Ghana, Kenya, Rwanda, and Uganda. Fintech, agri-tech, and climate-tech are preferred.
Applications are open here until September 7.