Open Startup (OST) has opened applications for a new cohort of its renowned Investment Readiness Program, GROW, designed to empower advanced African startups to scale their businesses and secure funding.
GROW is a 12-month investment readiness program tailored for African startups that have raised up to $350K USD and are aiming to reach their first $1M USD.
The program is developed in collaboration with AfricaGrow, Africinvest Group, BPI France, and Go Ventures. It offers a comprehensive suite of resources and support services to help startups expand into new markets and achieve their growth goals.
Last year, the program accompanied 13 startups selected from over 600 applications
Selected startups will benefit from curated workshops and personalized content focused on fundraising, one-on-one meetings, world-class coaching, and progress check-ins as well as opportunities to connect with a wide network of individual and institutional investors.
The startups will also receive financial support to participate in international ecosystem events, financial assistance to hire top talent, join a vibrant and diverse startup community and expert guidance to optimize IT systems, intellectual property, code quality, and data security.
The program is open to seed-stage startups operational for less than 4 years. The startups should have 2-4 co-founders, with at least one African co-founder and perating in or impacting Africa, with a strong team and proven execution capacity. They should also have raised up to $350K and seeking to raise $1M USD.
Applications for the program close on August 31st.
Follow us on Telegram, Twitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates. Send tips to editorial@techtrendsmedia.co.ke
