Mogadishu, Somalia

Program

Entrepreneurship

Innovate Ventures - Innovate Accelerator Program 2022 Movemeback African initiative cover image

Details

Innovate Ventures is the leading Somali startup accelerator and technology fund. The program partners with VC4A, Telesom, and Oxfam as part of Work in Progress! Alliance. To date, the program has graduated over 100 start-ups and has invested almost $200,000 in its graduates. As part of the acceleration package, you will receive training, mentorship by domain experts, access to an extensive business network, visibility, and a chance to get investment.

Criteria

To be eligible:

  • Your business must be based in Somaliland or Somalia
  • Your business must be technology-oriented
  • The founders must be between 18-35 years old
  • The founders are commited to attending the accelerator programme in Hargeisa

Benefits

  • 12-week intensive training and mentoring on business and operational skills
  • Access to our vast network, including leading banks 
  • Pitching in front of local and international investors 
  • Features in local and international media
  • Equity funding for 3 startups of up to USD 20,000 

About Innovate Ventures

Innovate Ventures is the leading start-up accelerator and technology fund in Somaliland and Somalia. Innovate Ventures was created to propel and accelerate technology start-ups in Somalia and Somaliland, support the next wave of Somali entrepreneurs, and grow the nascent start-up ecosystem in the country.