Go Time AI Accelerator

News
August 7, 2024

Excited to announce our new AI accelerator for African startups: Go Time AI. 

AI is here, and we believe it’s the future of Africa.

Here’s why:

— AI is not a trend, it’s an accelerant: Like how mobile phones paved a path for fintech, this technology will transform the industries. We’re in the early days of AI, and Africa can be a major player in shaping its impact.

— Local founders are leading Africa’s tech wave: Tech hubs like Lagos are skilled tech talent and brimming with creativity. Hundreds of startups are already using AI to build products, and make education and medicine more accessible. 

— Africans built the foundations of AI: Teams in Kenya and Nigeria did some of the foundational work to train early AI models.  While companies like OpenAI, Huggingface are leading the charge, its very early and we’ve yet to see what AI can really do for us. The constructors have the insight to become the architects of what’s next. 

African founders are building across borders, creating not only solutions for local contexts, but also those with global impact.

But, in Nigeria, startup funding declined 62% last year, even as funding for AI startups is on the rise globally. .

That’s why we are launching Go Time AI, to bridge the gap both in funding and resources for early-stage startups in Nigeria that are building to solve problems across the global south and beyond. 

Resilience17 has invested in more than 70 top tech companies across Africa. We know what startups need to scale.

With Go Time AI, we will:

— Directly fund early-stage AI startups with up to $200,000 in exchange for 8% equity

— Provide API and cloud credits to build and test your product

— Create community through weekly team meals, housing credits, and workspace in Lagos

As Africa is building for the world, Go Time AI will be the launchpad.

And the funding and technical support of this accelerator will help them build faster and go global.

Africa’s AI founders, learn more and apply now to be part of Go Time AI

#GoTimeAI

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