Village Capital doles out $20,000 accelerator funds to startups

Accelerator funds worth $20,000 will be given to the top two peer-selected companies participating in the Future of Work Africa programme organised by Village Capital to help scale business.

Village Capital had announced the selection of 23 early-stage startups today that will participate in the Future of Work Africa 2021.

According to Disrupt Africa, the accelerator is for startups that are working to help young people find jobs, build careers, and prepare for the future of work. The 23 companies will participate in the programme coming up in May through August 2021.

According to the report, “Startups selected for the accelerator will have the opportunity to work closely with industry experts, investors and ecosystem partners to develop the networks they need to scale their impact. 

“All startups in the programme will also be invited to join Abaca, Village Capital’s global online network that helps entrepreneurs analyse and structure their businesses for investment.”

Some of the 23 companies participating in the programme are ACE Smart Technologies (Zambia), Afrilearn (Nigeria), Angaza Elimu (Kenya), CoffeeChat (Mauritius), Drivers Nigeria, Emploi (Kenya), Gradely (Nigeria), Irawo (Benin), and Mosabi (Sierra Leone). 

Others include Prim-U (S’Africa), TERAWORK.COM LIMITED (Nigeria), Urbansense (S’Africa), Utiva (Nigeria), Wootlab Foundation (Nigeria), WorkNasi Plus (Tanzania) and Yu’sure (Zimbabwe).

Chineye Udezo
Chineye Udezo
Chineye Udezo is a content developer and social media manager. She is an intern at Plexus Media Interlinks, the owners of Financial Street.

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