London, England

Program

Entrepreneurship

Unreasonable East Africa - Africa Innovation Accelerator Movemeback African initiative cover image

Details

The MTBN Africa Innovation Acceleration Program aims to identify, support and fund the next generation of technology-enabled start-ups solving problems in African markets.

They support entrepreneurs with a strong purpose by connecting them to the brightest business minds in the industry. The program provides access to the African startup ecosystem, industry specialists, corporate partners, talent, capital, and coaching. They are interested in startups that are creating the future of Africa’s development story, using promising new technologies to make a positive impact.

MBTN Africa Innovation Accelerator are interested in startups that are creating the future of Africa’s development story, using promising new technologies to make a positive impact. 

They are looking for founders with deep expertise and knowledge in one specific domain. 

The program is open to businesses in any industry, however, you will be addressing a need in at least one African market, leveraging technology to tackle the specific problem you are trying to solve.

Criteria

  • The startups should have pilot customers and demonstrate some transaction
  • At least two founders or a team if more than 2
  • Africa based or global with a market existing in Africa

Benefits

Funding

  • Each startup will get an opportunity to pitch to a network of venture capital and angel investors, with the chance to win funding

Training & Coaching:

  • The accelerator program includes a component focused on business and operational skills training, as well as coaching around how to turbocharge your investor engagement efforts

Mentorship

  • Intensive individual mentoring and strategy sessions during the core of the program. Their mentor network consists of key international experts

Investor Network:

  • 200+ local and international investors who are interested in meeting and investing in Africa focussed startups

Networking:

  • With over 100 international events in cities across the globe and a vast network of startups, experts and investors, they offer an international community to startups. This way you can be best prepared for global scaling

Alumni Program:

  • After the acceleration program, you will get access to our Alumni Program that includes fundraising advice, PR and marketing support, legal and administrative services, and access to exclusive deals

About Unreasonable East Africa

We are an East African company founded by East Africans who are entrepreneurs themselves and we exist to unlock the potential of East Africa’s economies. We grow high-impact companies that have immense potential to contribute to the growth of East Africa’s emerging market economies. The entrepreneurs behind these businesses are creative minds and/or industry pioneers who observe the status quo, but envision something much better. They recognise the space for transformation and are not afraid to light the first match. They are makers, doers, and shakers. We work closely in partnership to support them to successfully create the world they imagine.

We see high-impact companies as catalysts in at least one of the following ways:

  • Creating economic opportunities    
  • Producing products or services that directly increase the quality of life of East Africans
  • The potential to positively advance, transform or disrupt existing systems or sectors through creative, innovative business approaches

It is essential that all businesses that we work with are operated as “good businesses,” – driven by revenue growth and with the ability to create benefit for all the stakeholders – customers, employees, the community, suppliers and the environment – not just the owners.

We select 10-15 high potential companies to attend each of our 10-month programs and surround them with the knowledge, mentorship, tools, capital and connections they need to grow a successful business.

The name “Unreasonable” was inspired by  a quote from George Bernard Shaw, a celebrated Irish playwright who won both a Nobel Prize in Literature and an Academy Award and co-founded of the London School of Economics.

The reasonable man adapts himself to the world. The unreasonable one persists in adapting the world to himself. Therefore all progress depends upon the unreasonable man.

The entrepreneurs we work with look at the massive challenges we face as great opportunities, leveraging the power of business to combat them while meeting the needs of people and our planet. To do this, they must innovate new technologies, transform systems and pioneer new ways of thinking… This is why we call them unreasonable. Because we work with UNREASONABLE entrepreneurs in East Africa, we are called Unreasonable East Africa.