THE CONSUMER BASE ON THE AFRICAN CONTINENT IS GROWING FASTER THAN ANY OTHER CONTINENT
Join the FSAT Labs soft-landing programme (Powered by Enrich in Africa) and set your startup up to take advantage of this rapid consumer growth!
ENRICH in Africa Soft-landing Program 2022 Edition
24 October to 11 November, Cape Town South Africa
Are you a European headquartered startup or small-medium enterprise that would like to establish operations in Africa?
Apply now to our 3 months soft-landing programme powered by Enrich in Africa.
ABOUT THE PROGRAMME
The FSAT Labs soft-landing programme powered by Enrich in Africa is a 3 month programme designed to support European headquartered startups launch their operations/products/services in an African territory.
There is currently a call for applications to recruit 10 European headquartered startups/SME’s to participate in a 3 months internationalisation mission to Cape Town South Africa and beyond.
FEATURES OF THE PROGRAMME
2 weeks programme in Cape Town, South Africa, followed by optional 10 weeks at any Enrich in Africa Champion hub. This includes desk space for the period.
• Network development support to develop relationships with investors, partners, customers and stakeholders.
• Support in setup/development of local legal structures.
• Ecosystem tour and various networking opportunities.
OUTCOMES OF THE PROGRAMME
The programme is designed to achieve the following outcomes for each startup.
• Sufficient understanding of the business environment, regulation and the key players in the industry.
• Introductions and meetings with various key partners/clients/investors/stakeholders that would support the startup’s international expansion.
• International expansion roadmap developed and milestones defined.
• Establishment of local entities (where relevant).
WHO SHOULD APPLY?
We are encouraging all European headquartered startups and SME’s that fit the following criteria to apply.
Have at least 2 employees and/or co-founders.
Have turnover of at least 10 000 € in 2020.
In business for more than 2 years.
Can travel to and attend at least 1 month in Cape Town, South Africa during 2021.
Have the finances to support travel to and stay in Cape Town, South Africa (estimated @ Euro 3000)
THE SELECTION PROCESS
The selection will take place in 2 phases. First, about 20 projects will be pre-selected based on their application form.
Then, they will be evaluated based on uploaded deliverables (video, pitch, international business plan etc…) and 10 laureates will be chosen to benefit from the FSAT Labs soft-landing programme.
The jury will evaluate the projects according to the following criteria: Business model; Business potential ; Financial stability ; Potential of international development
Take your business to the next level and fast forward your international development in Africa.
Apply Before 5th August 2022
F.A.Q’s AND RULES
Who is FSAT Labs?
FSAT Labs is a Not for profit organization based in Cape Town South Africa. Through our various programs we help entrepreneurs from across South Africa establish and scale their technology based startups.
We receive support from Methys, a private multinational with operations across Africa and Europe, The French Embassy in South Africa and the South African Government through the Small Enterprise Development Agency (Seda).
Are you a European start-up, seeking to expand in the African Market? Learn more about Europe to Africa soft-landing program, African and South African markets and key sector focus.
Europe to Africa Soft-landing Webinar
Tuesday, 3 May 2022, 2:00 PM - 5:00 PM CET/SAST