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GLOBAL • TECH
Seedstars Global
JULY 2, 2021
June 28, 2021 - The World Bank, with a consortium of partners, recently concluded a demo day for startups from Algeria, Morocco, and Tunisia that are participating in its first edition of PRISE-UP, a one-month program set to provide startup ventures compact intense support and training with their journey towards becoming market-ready investable ventures. This edition marks the first in an upcoming series of PRISE-UP events set to take place in other regions. To learn more about the PRISE-UP program and the startups, visit the website.
The PRISE-UP program aims to facilitate the efficient flow of private financing towards innovative high-impact social enterprises that will contribute to the digital economy. The program's work intersects three key areas of support: private capital mobilization (projects that mobilize private co-finance); digital economy (ICT projects that stimulate the digital economy); and social impact (projects that have a positive social impact).
Kicking off the program by launching the first edition in the Maghreb region, the catalytic PRISE-UP program provided its participants with bootcamp training, mentorship opportunities, investor meetings, and a demo day to highlight their solutions.
Meet the participating startups in the Maghreb PRISE-UP program:
The PRISE-UP program is made possible with GrowthAfrica, the program’s overall project lead and the leading acceleration and growth partner for African entrepreneurs and companies scaling their business in and across Africa. Taking the role of content delivery partner and international network collaborator is Seedstars, a Swiss-based company that invests and supports tech startups from emerging markets.
Excited to kick-off the first PRISE-UP program with promising ventures from Maghreb. We’re looking forward to leading the development of this program, scaling it further across geographies and sectors
The PRISE-UP program is an example of commitment and collaboration between different organizations with a common goal of impacting startups. We are glad to continue making a difference in emerging markets
Local implementing partners will also be supporting the program such as: Afkar, a Tunisian incubator dedicated to catalyzing individuals with great ideas for social change; MCISE, a not-for-profit organisation dedicated to finding entrepreneurial and innovative solutions to every social challenge in Morocco; and Go Platform, Algeria’s pioneer in academic education and self-development.
To learn more about the PRISE-UP program and the startups, visit the website
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The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
GrowthAfrica was established in Nairobi in 2002 acting as a vehicle to facilitate wealth creation in Africa through the strengthening of SMEs and startups and facilitation of B2B partnerships and knowledge transfer between African and western businesses. From its founding, the core services were centered on facilitating partnerships between local companies and entrepreneurs and ditto outside of Africa.
Seedstars is a Swiss-based private company with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 90 emerging ecosystems through a variety of initiatives such as the Online Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities. Seedstars The Documentary is a feature film featuring the company’s vision to give a voice to the game changers of the developing world.
"They tried to bury us, they didn’t know we were seeds." - Mexican proverb
For more information please contact:
Liz Kariuki at [email protected] or Michaela Villaroman at [email protected]
PROUDLY PRODUCED IN PARTNERSHIP WITH
