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:

  1. Have an open mind?
  2. Validate with customer payments and market.
  3. Prepare to pivot and beware assumptions.
  4. Be solution focused, have a good management team.
  5. Understand Regulatory risk and policy direction.
  6. Resolve the risks that come with cross border expansion.
  7. Can you defend? Work on your product & innovate and protect this.
  8. VC Funding: Ensure this aligns with issue of ROI & long-term view.
  9. Domain Expertise: This needs IP protection and developed ecosystem.


MBTN Accelerates 10 Africa focused startups in its first cohort

http://lbacademy.org.uk/2019/04/07/mbtn-funding-pitch-for-startups/

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.

http://lbacademy.org.uk/2019/04/07/mbtn-panels-support-entrepreneurs/

LBAcademy is a UK Business Growth Hub that provides digital skill and talent training to Tech & Creative Startups for high growth.