Three African Startups Have Been Accepted Into The Global Accelerator Program, The S Factory

Three African Startups Have Been Accepted Into The Global Accelerator Program, The S Factory

Three African startups (two from Nigeria and one from Ghana) are currently in the the global female-focused accelerator programme, the S factory.

The program lists Girlfrynd, 500Apprentices, and content on demand Skrife as the African representatives at the accelerator program. However, it appears 500Apprentices have been renamed to Beavly. 

The startups, led by women founders, will receive $15, 000, three months of business support and mentorship and a 12-month working visa to Chile.

The startups, are part of the 27 female-led startups that resumed in Chile for the second generation of the program, an initiative of global accelerator StartupChile and the Government of Chile.

In addition to the three African startups, other participants are from Chile (10), the United States (2), Argentina (2), India (2), Germany (2), Austria (1), Finland (1), Canada (1), Mexico (1), Australia (1), and Spain (1).

At the end of the 3 month program, according to a StartupChile’s statement, “the startups will have the chance to apply to Start-Up Chile – the parent fund – that offers up to US $35, 000 and then eventually to the follow-on fund SCALE that provides the companies that have significant traction, are generating revenue and that need the extra capital to grow in Chile and expand to the rest of Latin America with US $100.000.”

Image via: The S Factory