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.
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.
Africa, with its staggering young population, rapidly growing adoption of mobile technologies, increasing middle class and harbouring of 4/10 world’s fastest growing economies, is ready for a tech revolution and Antler is excited to bring its disruptive model to the continent.