Startupbootcamp (SBC), a global family of industry-focused accelerators, last year launched its first-ever Africa-based programme.
Building on the success of its inaugural 2017 Cape Town tech venture accelerator program, SBC Cape Town now embarks upon its FastTrack tour for 2018 – sourcing top-tier tech startups to join the programme’s second year.
Startupbootcamp FastTracks are informal events hosted all over the world and the aim is for the SBC team, mentors and sponsors to have the opportunity to meet the most suitable early-stage companies interested in joining the 2018 programme.
For each FastTrack, the top 10 startups that apply will receive instant feedback from a panel of industry mentors, they will be able to network with the SBC investment team and can also find out more about the programme itself.
Startup teams that attend a FastTrack are 20% more likely to be invited to the final Selection Days where the ultimate Top 10 will be invited to join the three-month programme to be hosted in Cape Town commencing September.
The first-ever Cape Town Accelerator achieved 32 corporate agreements including pilots and proof-of-concepts, signed during the accelerator.
“To sign 32 agreements is above average for any Startupbootcamp programme in the network. However, when compared to other first-time programmes, SBC Cape Town is the top performing programme. Even in very mature markets such as the US and Europe it generally takes 3 years for a programme to find its stride. We surpassed expectations in our very first year and this is unprecedented across the global Startupbootcamp footprint,” states Philip Kiracofe, co-founder and CEO of the SBC Cape Town programme.
Startupbootcamp Cape Town kicks off their 2018 by hosting a FastTrack world tour that will include 19 FastTracks across the world in search of the next generation of Africa-focused startup talent. The FastTracks will be held in various cities across the globe between February and May 2018.