We, as an accelerator, run different programs for startups in different stages, therefore we have also split the Wise Guys SaaS – Africa program into two stages to better support startups and their needs according to the stage they are at.
Acceleration part I is an equity-free 8-week long Pre-acceleration program. This is an additional step in the scouting process.
Acceleration part II is a 5-month program and comes with an investment. The main criteria to be eligible for the equity-based program are:
– a working MVP
– at least 2 co-founders
– initial traction. MRR/ revenues.
The Scouting team evaluates each application and decides what program the startup is eligible for. If we see the potential in the project, but it is still a little too early for acceleration part II – we invite the startup for the 8-week online acceleration part I program, where we provide mentoring and support to help startups grow faster.