MBTN accelerates Africatech startups
The MBTN Accelerating Ideas Conference recently held 28th March at Rise, London. The event provided a forum for inspiration, education and practical advice to startups, professionals and corporations on methods to scale businesses, evaluate funding options and engage with the investor community.
https://www.mbtnaiconference.com/
Africa focused startups that pitched were from the 1st cohort, Accelerator programmme. The event was compered by Joy Moroge and introduction from Adabara Abdullahi Partner, MBTN Connect
Advice to kick-start in Africa:
- Have an open mind?
- Validate with customer payments and market.
- Prepare to pivot and beware assumptions.
- Be solution focused, have a good management team.
- Understand Regulatory risk and policy direction.
- Resolve the risks that come with cross border expansion.
- Can you defend? Work on your product & innovate and protect this.
- VC Funding: Ensure this aligns with issue of ROI & long-term view.
- Domain Expertise: This needs IP protection and developed ecosystem.
MBTN Accelerates 10 Africa focused startups in its first cohort
Here’s a list of the startups that will be pitching on the demo day: https://www.mbtnconnect.com/blog/mbtn-accelerates-10-africa-focused-startups-in-its-first-cohort
The MBTN panels gave opportunities for VC firms, Angel Investor Networks to talk about how they support entrepreneurs.
LBAcademy is a UK Business Growth Hub that provides digital skill and talent training to Tech & Creative Startups for high growth.