Middle East and North Africa (MENA)-focused accelerator and fund Flat6Labs has expanded to Tunisia in partnership with new startup hub Le15, backing local startups with investment of up to TND600,000 (US$280,000).<\/b><\/p>\n

Flat6Labs<\/span><\/a>, which already has operations in Cairo, Jeddah and Abu Dhabi, and will soon expand to Beirut, has partnered <\/span>Le15<\/span><\/a>, to roll out <\/span>Flat6Labs Tunis<\/span><\/a>, which will open applications in July for a first programme later this year.<\/span><\/p>\n

The startup seed programme and an early-stage fund aims to help accelerate the growth of Tunisian startups and provide a steady pipeline to the rapidly growing Tunisian venture capital industry. <\/span><\/p>\n

\u201cThrough its expansive and wide-reaching network and numerous partnerships, Flat6Labs Tunis will also provide Tunisian entrepreneurs with seed funding, strategic mentorship, office space, a multitude of perks and services from partners, and entrepreneurship-focused business training and development workshops, all engineered to prepare companies to be investment-ready within four months,\u201d Flat6Labs said.<\/span><\/p>\n

The accelerator will support more than 75 Tunisian startups over the next five years, with two cohorts each year. Flat6Labs will invest between TND80,000 (US$38,000) and TND100,000 (US$47,000) in startups accepted into programmes in return for equity of between 10 per cent and 15 percent.<\/span><\/p>\n

It will also offer follow-on and early -stage investment tickets ranging from TND200,000 (US$94,000) to TND600,000 (US$280,000).<\/span><\/p>\n

\u201cFlat6Labs Tunis is poised to create the next wave of entrepreneurs developing innovative solutions and applications, becoming a one-of-a-kind localised programme harnessing and scaling innovation; effectively and swiftly contributing to the Tunisian ecosystem growth,\u201d the company said.<\/p>\n

\u201cThe programme welcomes ideas and startups working in innovation based and knowledge driven industries, including but not limited to; education, energy, transport, financial services, information and communications technology (ICT), electronics, manufacturing solutions, green technologies.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Middle East and North Africa (MENA)-focused accelerator and fund Flat6Labs has expanded to Tunisia in partnership with new startup hub Le15, backing local startups with investment of up to TND600,000 (US$280,000). Flat6Labs, which already has operations in Cairo, Jeddah and Abu Dhabi, and will soon expand to Beirut, has partnered Le15, to roll out Flat6Labs<\/p>\n","protected":false},"author":1,"featured_media":5224,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,26],"tags":[17,2380,7087],"class_list":{"0":"post-9277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hubs","8":"category-north-africa","9":"tag-featured","10":"tag-flat6labs","11":"tag-le15"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/posts\/9277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/comments?post=9277"}],"version-history":[{"count":0,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/posts\/9277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/media\/5224"}],"wp:attachment":[{"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/media?parent=9277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/categories?post=9277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.disruptafrica.com\/wp-json\/wp\/v2\/tags?post=9277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}