Start-ups need an ecosystem to successfully start their business and grow. Without strong partners this is not possible. They are crucial for building a strong customer base, for attaining insights on own experiences and failures as well as from outside perspectives, gaining access to qualified employees, sourcing finances, finding and engaging mentors, and many more.
In 2019, more than 618 tech hubs¹ and SME supporters, as well as an increasing number of international corporates implemented incubators and accelerators programmes all over Africa. Experience shows that for qualitative empowerment the provision co-working space and good Wi-Fi is a start. However, quickly more services and offerings such as expertise, advice and hands-on support, access to networks and many partnerships make acceleration programmes and in turn participating start-ups a success.
¹ Guiliani, D. and Ajadi, S. (2019). 618 active tech hubs: The backbone of Africa’s tech ecosystem.