Background Information:
o Africa Ascent Foundation was established with the vision of bridging the gap between ambitious startup founders and the resources they need to succeed.
o Founded by a group of experienced entrepreneurs, investors, and industry leaders, the foundation is designed to support early-stage startups by offering mentorship, funding opportunities, educational programs, and access to a network of seasoned professionals
o .The foundation was born from the shared belief that the right support at the right time can turn a good idea into a game-changing business. With a focus on innovation and impact, the foundation has helped numerous startups navigate the challenges of entrepreneurship, from validating ideas and developing products to securing investment and scaling for growth.
Why We Are Different
Africa Ascent Foundation is not limited to offering funds. We are committed to supporting entrepreneurs throughout their journey. By focusing on transparency, innovation, and inclusivity, we create an environment conducive to the growth of African startups.
Our Programs and Services
To meet the needs of startups at different stages of development, we have designed a comprehensive range of programs:
Grants: Non-dilutive funding to support innovation and social impact. For example:
- Innovation Seed Grant: Up to $20,000 for startups developing innovative technologies or business models.
- Social Impact Grant: Up to $40,000 for projects that have a significant social or environmental impact.
Low-Interest Loans: We partner with financial institutions to offer loans tailored to the needs of startups, whether for working capital or equipment investments.
Investment Opportunities: Access to investor networks, including business angels, venture capital funds, and social impact investors.
Crowdfunding Support: Personalized assistance to maximize crowdfunding campaigns.
Competitions and Accelerators: Intensive programs that include mentorship, seed funding, and visibility with investors.
A Measurable Impact
We measure our success through the tangible impact of our actions: the number of startups supported, jobs created, and progress made in key areas such as sustainability, education, and health.
Join Us
How to Apply
Startups interested in joining can submit their application via our website. Applications are reviewed on an ongoing basis, with particular attention given to businesses aligned with our mission.
Applications must include:
- A detailed explanation of the project.
- An impact assessment using the formula “impact per person x number of people affected.”
- A detailed project plan, including timeline and required resources.
- Information about the team and project budget.
For any questions, please refer to our FAQ or contact us at grants@AfricaAscent.com.
