Applications open for virtual startup accelerator competition in Ghana
The Founder Institute, the world's largest pre-seed accelerator, has announced that its upcoming Ghana virtual program is now accepting applications.
In a statement issued in Accra, the Founder Institute urged aspiring entrepreneurs or teams interested in building a technology business to apply to the Ghana Virtual Founder Institute cohort, commencing February 2021.
The program would take place mainly online, ensuring the health and safety of the program's mentors, partners, and participants, allowing anyone in Ghana to build a business alongside some of the country’s top entrepreneurs and investors, as well as leaders from our global network, from the comfort of their home.
Their statement said since launching in Ghana, the program has created promising technology companies in the country, such as Grow-For-Me, Akoo Books, Insurerity, and many more.
“Indeed, FI Ghana businesses have been accepted into Founder Institute’s prestigious Founder Lab accelerator run by the Silicon Valley team, and is already one of the top regional companies, while they also at the same time received VC funding.”
“Due to the program being moved from in-person to virtual during 2020, the Accra Chapter in 2021 will become “Founder Institute Ghana”, meaning the opportunity to take part in the accelerator is now an opportunity available regardless of where the entrepreneur lives in Ghana,” the organisation added.
It noted further that starting on 16th of February of 2021, aspiring and early-stage entrepreneurs looking to build solutions for the future will have the opportunity to get constant feedback and regular office hours with 50+ mentors, investors, and entrepreneurs in Ghana, make quick progress on their business using a proven, structured process to get to traction.
They would also gain funding that has helped alumni build great products and raise over $950m in funding, get fast-tracked to a suite of post-programs, including Founder Lab, to continue getting expert support for years to come and expand their support network to include startup founders, CEOs, and investors from the Founder Institute’s global network of 4,500+ alumni and 18,000+ mentors across 225+ cities.
The statement then emphasized that entrepreneurs who are looking to launch in Africa can join the February 2021 cohort virtual program.
“Whether you’re in Abidjan or Alaska, Lomé or Lillehammer, Africa presents a wealth of opportunity, and whether you’re diaspora or just a visionary entrepreneur excited by the prospects in Africa, taking part in Ghana’s upcoming cohort presents an exciting opportunity and significant advantage, particularly if FI does not have a local chapter to you,” the organisation said..
The program is said to be led by Simon Turner, Director of Project Operations at MEST, and a judge on TVs McDan Entrepreneurship Challenge, supported by an outstanding FI Ghana team including Oludele Sonekan, Director of Investments at Growth Mosaic and Kafui Yevu, founder of kraado, together with entrepreneur-in-residence, Edison Gbenga Ade.
The leadership team also includes Samuel Opoku as program lead, and program executives, Raphael Somaila Ibrahim, Abdul-Rashid Alhassan, and Nana-Efua Benyaw.