Entity
  • Algeria Venture

    Created in 2020
  • BETA

    Up & running (A)
    Existing signals show a regular activity
  • Social networks

    25,345
  • Entity types

  • Location

    PXRF+V86 Parc Dounia, Dely Ibrahim, Algeria

    Dely Ibrahim

    Algeria

  • Employees

    Scale: 11-50

    Estimated: 57

  • Engaged corporates

    5
    0 4
  • Added in Motherbase

    8 months ago
Description
  • Value proposition

    The first, State owned Startups Accelerator in Algeria

    A-VENTURE is the initiative of the Algerian government through the coordination between the Ministry of Knowledge Economy and Startups and SONATRACH, the national oil & gaz company of Algeria and the largest company in Africa, as a main sponsor and contributor to startups inclusion

    A-venture, the first of its kind in Algeria, will play a pioneering role by offering and facilitating logistical and development structures for startups and incubator as well as various accompaniment programs complying with international standards.

    Its function is complementary to the "ALGERIA START-UP FUND", already launched in October 2020, by ensuring the monitoring and supervision of the beneficiary startups. In addition to assisting high potential startups in fine-tuning their business processes, A-Venture will become a platform to attract top investors for selected startups via its challenging program.

    Unleashing the full potential of Algerian youth and its emerging and dynamic entrepreneurship is at the highest priority. The launching of A-Venture comes as a confirmation of the Algerian government’s eagerness to promote a knowledge economy by putting in place a multisectoral mechanism via its Ministry in charge of startups.

    Startup Acceleration, Open Innovation, menotring, Coaching, Fundraising, Cooperation, Incubators support, and Hosting

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