The Baobab Network is Africa’s premier accelerator, investing in early-stage startups with high growth potential. Each selected startup receives $100,000 in seed funding, extensive hands-on support, and access to a global network of experts and investors. The Baobab program perfects product-market fit, accelerates traction, and prepares startups for future funding rounds. The intensive 12-week accelerator equips founders with strategic guidance, and Baobab’s long-term partnership model ensures ongoing support, helping founders lead in fundraising and scale rapidly across African and global markets.
Eligibility
- Tech-oriented startups are preferred.
- Startups should have a minimum viable product (MVP) developed, and some early traction in the market.
- For idea-stage startups:
- Market demand should be validated in the form of user sign-ups, preorders or waiting lists
- The business model should have potential for rapid scaling and show potential for strong returns.
- Baobab Network typically prefers being the first investor after family and friends.
- Preference is given to teams over solo founders, although solo applications are still considered.