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Home Opportunities

Archipelagos SME Support Programme is accepting applications from African startups

Tech Gist Africa by Tech Gist Africa
02/12/2024
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Applications for Archipelagos, a multi-year international collaboration programme designed to boost African SMEs’ growth and ease their access to financial markets, are now being accepted from African startups.

With the help of the European Commission, Cassa Depositi e Prestiti (CDP), an Italian financial institution for international development cooperation, created Archipelagos, which will give up to 1,000 SMEs from all across the continent access to a specific capacity-building programme.

The program’s three main components are networking, mentorship, and training. It is provided using a hybrid model that combines synchronous and asynchronous elements to provide a thorough and engaging learning environment.

SMEs will have access to a broad learning repertoire of online courses via the Archipelagos digital platform, with customised learning pathways based on their unique requirements and developmental stage.

In addition to the asynchronous element, webinars will add to the learning process’s stimulation, engagement, and interactivity.

SMEs taking part in the project will not only receive training but also specialised support and access to a network of investors and other SMEs, giving them the chance to network and forge important commercial relationships on a global scale.

SMEs who show that they are prepared and have the potential to raise funds in the capital markets at the conclusion of the capacity development programme will receive specialised support and be assisted in the fundraising process.

Their ability to recruit additional investors will be facilitated by the European Commission’s first-loss financial guarantee programme, which will help them structure creative loan instruments and receive funding at favourable rates. 

The deadline for applications is June 30. 

Visit the website to apply or to learn more. 

 

 

Read more on Tech Gist Africa: 

500 African startups will receive support from the 4th NTEEP Entrepreneurship Empowerment Project

The Spark Accelerator has been launched by Safaricom, M-Pesa, and Sumitomo for startups in Kenya

The Qualcomm Make in Africa Startup Mentorship Programme is now accepting applications

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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  1. Pingback: Applications for the Archipelagos SME Support Programme - Africapost
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The Big 5

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