AcceleratedAfricaSummit is a tripartite meeting of African, Diaspora and European entrepreneurs. It enables the entrepreneurs to create links between their countries of origin, the diaspora, as well as the European countries. This is achieved through the identification of the appropriate networks among others.
The summit offers participants the opportunity to network on a business-to-business and business-to-government level. Further, other key activities of the forum include the mentoring, sharing of good practices and skill development. The forum creates a space for CEOs and entrepreneurs to create and develop their companies, as well as promotes the creation of a joint venture between diaspora CEOs and others.
AcceleratedAfricaSummit equips CEOs, African, Diaspora and European entrepreneurs with the appropriate skills and knowledge to scale up and promote their business. The forum enables entrepreneurs to create links between their countries of origin, the diaspora, as well as the European countries.
Moreover, the summit ensures the existence and accessibility to appropriate funding facilities for entrepreneurs & start-ups through the setting up of the appropriate funding mechanisms. Accelerated Africa Summit strives to support start-ups, companies, CEOs, as well as incubation centres in the establishment and strengthening of a continental network of business actors, investors and European businesses through workshops and training. This, in order to enhance the understanding of the African market. Our core goal is to create a consulting space for discussions between the entrepreneurs and decision makers. For the past five years, the forum has been supported by UNIDO, the International Labour Organization (ILO), the International Organization of Migration (IOM), Dreikönigsaktion (DKA), the European Union (EU), the African Union (AU), ECOWAS, ERASMUS +, the Austria Development Agency (ADA), the Austrian Federal Economic Chamber (WKO), the Group of African Ambassadors in Austria, the Raiffeisenlandesbank Niederösterreich-Wien, and the Vienna Institute for International Dialogue and Cooperation (VIDC).
- Agriculture, Agribusiness and Agro-Industry
- Healthcare & Health Insurance
- ICT & Fintech
- Renewable Energy
- Social Business Development
- Finance and Services
Set-up of professional networks in Europe for European and Diaspora Entrepreneurs
We create network links by identifying appropriate networks within the Diaspora. Further, we identify the appropriate funding mechanisms and areas of capacity building, particularly in regard to social entrepreneurship, enterprise creation and development. We organise monthly meetings between African, Diaspora and Austrian entrepreneurship networks.
We ensure that the coaching and mentoring is adaptable to the specific needs of the entrepreneurs according to their distinct locations and backgrounds. This ensures an exchange of knowledge and enables stakeholder to connect with potential partners, expand to other markets and adapt to the latest trends.
Enterprise creation and development + Capacity Building
Enterprise creation and development is encouraged. Particularly through joint ventures and business partnerships linking Diaspora entrepreneurs, youth diaspora and youth entrepreneurs in their countries of origin.
Access to Funding
We work on the establishment of different mechanism of funding (crowd-funding, private investment,
public funds, credit and private equity, philanthropy funds) which facilitates the access to the appropriate financial means for existing and aspiring entrepreneurs. It also allows an increased visibility and exposure of social enterprises.
Reinforcing the local ecosystem
Reinforcing the local ecosystem also implies to ensure that the businesses created through the partnerships between diaspora and youth entrepreneurs in countries of origin can be integrated into the existing local market without facing the risk of being considered intrusive and putting pressure on existing businesses. Thus, the entrepreneurial culture is enhanced in a way that local markets in countries of origin recognize the value of such enterprises in contributing to social and economic development. The solutions we provide are building diaspora business communities.