Antler’s program provides founders with funding from day one, access to a global network of advisors and a clear path to raising capital. You’ll find the right co-founder, have your ideas validated, and grow your startup to a point that normally take years to achieve.
All founders get a stipend of US$1,500 per month the first two months. Antler invests US$100,000 for a 20% equity stake in each company selected by our investment committee.
After the investment, companies are required to pay a program fee of US$15,000 to cover the cost of the program. If you don’t get an investment, you don’t pay any program fee to Antler.
In the past few years, Africa has witnessed a tremendous shift towards supporting job creation and entrepreneurship anticipating the overwhelming demand by the continent’s youth. While this is an exciting and much-needed trajectory, there is still a challenge in producing world-class, innovative, tech-enabled, and locally founded startups across the continent. Read the full article to understand how the Antler model is filling this crucial gap, one cohort at a time.
There several ways in which entrepreneurs build their businesses and in recent years, quite a few startup ecosystem players have entered the journey in order to support Entrepreneurs in their endeavor. Antler, a startup generator and early-stage VC has brought a unique approach for aspiring entrepreneurs by creating a program that allows them to find their co-founding team, define their business idea and an opportunity to receive an investment all in 11 weeks. Check out the feature on #BBC Africa as we welcome our second cohort of the Nairobi program to #buildnextwaveoftech in the next 11 weeks.