Chapter54: The New Accelerator Helping European Tech Scaleups Break into Africa
Partech launches Chapter54, the 1st accelerator dedicated to European scaleups wanting to expand into African markets
Global tech investment firm, Partech, is announced the launch of Chapter54, a first-of-its-kind acceleration programme for European scaleups looking to expand into African markets. The programme is designed and operated by Partech Shaker, fuelling a fast-growing tech ecosystem, Africa offers unprecedented growth potential for European scaleups. While a handful of European scaleups are already active on the continent, their experience proves that a successful launch in Africa requires market expertise, local networks, and access to local talent with existing expertise and operational capacity. This is where Chapter54 comes in!
Chapter54 is a programme designed for European tech scaleups committed to entering African markets. This tailor-made program offers a curated network of hands-on mentors & speakers and a wide array of benefits. It is powered by global investment firm Partech via Partech Shaker, its innovation programs arm.
Chapter54 is a program of up to 8 months, which is:
Equity-free and open to all European scaleups
Sector-agnostic
Focused on aligning operating models and go-to-market strategies with the local context
Respectful of scaleups' workload
With teams and investments both in Europe and in Africa (15 investments already made in 9 African different countries), Partech has created a remarkable ecosystem for entrepreneurs and top managers who are now considering Africa as their next move.
With Chapter54, selected scaleups will have access to:
Dozens of dedicated work sessions with experts from a curated network of 50+ hands-on mentors with experience in Africa (e.g., Heads of Sales, Heads of Supply Chain, Country Managers, ...),
Original and insightful keynotes on African operating models, success stories and post-mortems,
Soft-landing solutions thanks to partnerships forged with the most relevant innovation players of the continent,
A unique catalogue of perks, specially sourced to prepare for market entry in Africa.
For interested companies, these are the milestones to keep in mind:
February 7th 2022: applications open
March 5th 2022: applications close
March 9th 2022: unveiling of the chosen scaleups
April 2022: start of the acceleration journey