Open Startup’s Grow Program Targets $1M for African Startups

Open Startup [OST] has launched a new cohort for its GROW Investment Readiness Program, aimed at helping advanced African startups scale and secure funding.

GROW is a 12-month program for startups that have raised up to $350,000 and are targeting their first $1 Million. In partnership with AfricaGrow, Africinvest Group, BPI France, and Go Ventures, the program offers:

Business Assessment: Workshops and personalized content on fundraising.

Hands-on Support: One-on-one coaching and progress check-ins.

Investor Access: Connections to a broad network of investors.

Regional Exposure: Financial support for international events.

Talent Fellowship: Funding to hire top talent.

Community: Access to a vibrant startup community.

Technical Assistance: Guidance on IT systems, intellectual property, code quality, and data security.

    Eligibility criteria include being a seed-stage startup with up to four years in operation, having 2-4 co-founders [including at least one African], and a proven execution capacity. Applications are open until 31st August 2024.

    Interested startups can apply here.

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