At the Transform Africa Summit, hosted by Smart Africa in Kigali, Rwanda on May 14, Lentera Africa was awarded the Afric’up Summit 2019 startup of the year after winning the finals of the pitch competition. The company graduated from the Land Accelerator in 2018. The Afric’up Summit aims to support the emergence of future African champions by promoting their skills, creativity and success stories...
The Land Accelerator is an exciting four-month program and curated network for entrepreneurs who restore degraded forests and farmland. It is anchored by an intensive week-long workshop when the cohort meets in person. There is no fee to join, and the program does not take equity.
The Land Accelerator has been held twice in Africa and will return to Nairobi for the third time in October 2020. The program will also be launching in South Asia in June 2020 and in Latin America in September 2020. Check out the 3-minute video below for more details.
Are you an entrepreneur who’s interested in joining? If you are working to improve a degraded landscape – and you want to learn fast and raise money for your venture – then this is the right program for you. Applications are currently open for entrepreneurs from Africa and South Asia.
The Land Accelerator’s second African cohort met from September 7-12, 2019, in Nairobi, Kenya. The 14 startups were chosen from 335 applicants and represent 8 African countries. Each received a EUR 3,000 grant in addition to a travel stipend.
Over 100 investors and members of Nairobi’s start-up community joined us at the Demo Day on Sep 12 to meet the entrepreneurs. Missed it? No problem! The full video is below.
These are some highlights from the 2018 cohort in Africa:
- Green Pot Enterprises received a $300,000 equity investment to build a new factory, in addition to a $300,000 grant for investment readiness.
- Kalahari Honey pivoted to a new focus. It has since secured two large orders and raised $100,000.
- Lentera secured a $50,000 loan and won a $10,000 cash prize based on its improved pitch.
- SA Bamboo has transformed how it works with hundreds of farmers by organizing them into cooperatives.
- Safi Organics received $55,000 in grants and is expanding to serve an additional 1,000 smallholder farmers.
The Accelerator contributes to efforts to restore hundreds of millions of hectares of land through the African Forest Landscape Restoration Initiative (AFR100), Initiative 20×20 in Latin America, and the Bonn Challenge. There is no fee for the program thanks to the generous support of the IKEA Foundation, the German Ministry of Economic Cooperation and Development (BMZ) and the DOEN Foundation.
If you are interested in becoming a mentor for the Land Accelerator in 2020, please visit our Mentorship Program page for more details and to sign up.