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.
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.
In this week's virtual fireside chat series, we will be joined by two phenomenal entrepreneurs Roy Njoka, CEO, and Cofounder of Digiduka and Samir Ibrahim, CEO and Cofounder of Sunculture.
Tune in as we discuss how these two entrepreneurs were able to build their startup products that are loved by their customers, the thought process and the work that goes behind building such products and their respective experiences in building their startups from the super early stages to the relatively advanced stages in the East African market.
As usual, come prepared to learn, to ask thought-provoking questions, and invite your friends.
More about our guests :
Roy is the co-founder and CEO of Digiduka, an Antler portfolio startup. Roy has built a 9-year career driving customer acquisition and product management for mobile money in Kenya, while previously working at Safaricom and Telkom
Samir Ibrahim is the CEO and co-founder of SunCulture. SunCulture develops and commercializes life-changing technology that solves the biggest daily challenges for the world’s 570 million smallholder farming households. The company is recognized as a Bloomberg New Energy Pioneer and a Financial Times Transformational Business and was named to the London Stock Exchange’s “Companies to Inspire Africa” index. SunCulture has been featured by TED, the Financial Times, the Economist, BBC, and more.
Prior to SunCulture, Samir studied finance and international business at NYU’s Undergraduate Stern School of Business and joined PwC's Financial Services, Structured Products, and Real Estate Group. Samir is recognized as a Forbes 30 Under 30, Top Conscious Business Leader by Conscious Company Media, and a World Energy Council Future Energy Leader alumni.
Samir is also on the Organizing Committee of Shikilia, a coalition of public and private sector organizations providing emergency cash transfers to low-income Kenyan communities.
Where and when?
Monday, August 10th, 3:00 pm