African European Digital Venture Program (AEDV) Application 2020 for African Startups.

The goal is to give African startups access to know-how about the European market and to strengthen partnerships between African startups and established European companies and startups.

The initiation of partnerships in the field of digital transformation, also across continents, will create a win-win situation for both parties.

In the first part of the program, the degree of maturity of the startup in terms of collaboration will be checked.

How far is the product development? 

How well is the management team performing?

And, How is the go-to-market strategy of the startup, do the plans seem realistic?

In this step, the aim is to identify gaps and fill them with the support of experts.

The second part is about applying the findings of the first part practically.

For this reason, startups in the program will acquire knowledge about the German ecosystem and will get access to networking and pitching events.

Startups will be able to pitch their products/services and to attract the attention of potential partners.

The teams will receive feedback and, if necessary, get the chance to enter discussions/negotiations with European companies.

Eligibility criteria – African European Digital Venture Program 

  • You are a highly motivated, English-speaking team with at least 2 team members and have an exceptional drive.
  • Your startup has a market-ready product in place, first customers and a highly scalable business model.
  • You offer a product or service that enables digital transformation or the digitization of processes in the fields of health, mobility, or built environment
  • Ideally, you leverage technologies such as artificial intelligence, data processing, data analytics.
  • You are aiming to enter the European and/or German market and can prove there is a need on these markets.
  • 2 team members will participate in the program and at least one participant needs to be part of the management team – ideally, these would be CEO and CTO
  • Your company profile is available online with appropriate information for business and financing partners.

Benefits – African European Digital Venture Program 

Receive feedback from our business and startups experts

Gain relevant know-how for collaborating with European companies

Get your product ready for the European market

Introductions to European corporates

Learn about the German and European ecosystem

Meet European corporates, startups and investors

Two modules in two months, coaching sessions between the modules

Coverage of travel expenses (if traveling is possible)

Office space (if the module is on-site in Munich (Germany)

Validation of business model and product-market fit, value proposition sharpening

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Getting to know the European market and German corporates

Preparation of Market entry strategy

Sales Processes and Pricing Strategies

Team Development

Intercultural awareness

Financing / Venture Capital

Visiting Workshops at Bits’n Pretzels, the biggest founder festival in Europe.

In the second module “Networking Impact” the following workshops and expert sessions will be offered:

  • Getting to know the ecosystem
  • B2B Sales Pitch Training
  • Peer-to-peer exchange with German startups Workshops with experts
  • Feedback from potential (corporate) partners and investors
  • Selection process
  • After the application deadline, a jury will evaluate the applications and select startup finalists for each ecosystem (Ghana and Tunisia).
  • Final communication to the 6-8 selected teams will be mid-September.
  • The first module will start on Sep 27 (online).

Apply now 

For More Information: Visit the Official Webpage of the African European Digital Venture Program (AEDV) Application 2020

Deadline: August 15, 2020

African European Digital Venture Program

African European Digital Venture Program.

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