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Open Startup announces accelerator program

Open Startup says it’s dedicated to rising the African startup ecosystem and has due to this fact launched a name for purposes for the OST programme.

This system was developed in collaboration with Columbia Engineering and Columbia Enterprise College in New York and goals to help start-ups and promising skills from Tunisia, Senegal and Morocco.

The OST program goals to assist 30 chosen startups (10 from every nation) transfer from proof of idea to minimal viable product (MVP) throughout an intensive 18-week hybrid program.

In keeping with a press release, this system will run from September 2024 to January 2025, with a complete of $50,000 in funding (no fairness) distributed to the finalists to gas their progress, with no fairness taken out.

Along with funding, this system provides personalized coaching and mentoring by consultants and supported by MBA college students from Columbia Enterprise College. Additionally, you will have entry to an intensive worldwide community and journeys to New York, Tunisia and Morocco. These journeys are designed to present individuals worldwide publicity and networking alternatives.

Early stage startups with a proof of idea and people with mushy and technical abilities are invited to use on the linked web sites. Functions shut on 21 July 2024. For extra particulars concerning the programme and to entry extra info, click on on this hyperlink.

“The OST program linked us with consultants, accelerating our market information and product match. The mentorship and international community offered accelerated our progress and opened doorways to worldwide collaboration,” says alumni Riadh Hamama, CEO and Founding father of LoxBox Companies.

The OST programme continues OST’s dedication to accelerating Africa’s know-how innovators.

It follows our MOU with French public funding financial institution BPI France, geared toward connecting African innovation with the French tech ecosystem, and our profitable 2024 World Immersion Week (GIW), held in Morocco in Could, the place OST signed MOUs with key Moroccan entities together with Technopark Maroc and UM6P – Mohammed VI Polytechnic College.

By means of the OST programme, GIW and the MOU, OST is dedicated to providing a variety of inclusive programmes that speed up entrepreneurship growth and the expansion of African startups and ecosystems.

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