Cape Town is a growing center for new businesses in Africa, with many accelerators and incubators available. These organizations provide essential support and funding to help early-stage companies grow.

Programs like Injini and the Mastercard Foundation have each made around 60 investments, primarily in the EdTech sector. Grindstone, another key player, has supported companies that resulted in 7 exits.

Below is our list of the best 7 accelerators and incubators in Cape Town.

Failory's Top 7 Picks

Grindstone engineers growth for high-growth, innovation-driven companies through a structured, year-long entrepreneurship development program. The program makes startups sustainable and fundable by providing essential knowledge, networks, and access to capital and markets.

Year Founded2013
Founders
Nº of Investments22
Nº of Exits7
Injini Logo

2. Injini

Injini backs promising EdTech startups across Africa with seed funding and hands-on incubation. Their core mission is to support founders who are building solutions to improve educational outcomes throughout the continent.

Year Founded2017
Founders
Nº of Investments60
Nº of Exits2

Focusing on hardware and deep tech, Savant Technology Incubator offers bespoke support to help startups and corporates commercialize their innovations. They provide a pathway from idea to market-ready product through expert guidance in development, business strategy, and funding.

Year Founded2005
FoundersNick Allen
Nº of Investments38
Nº of Exits1

As a collective initiative of South Africa's savings and investment industry, the ASISA ESD Fund provides funding and business development support to majority black-owned small and medium enterprises. They work to grow these SMEs into sustainable companies that can be integrated into the financial sector's supply chain.

Year Founded
Founders
Nº of Investments16
Nº of Exits1

Startup Circles.ai helps founders build commercially viable businesses, particularly those in the AI sector. The program focuses on equipping entrepreneurs to successfully pitch their companies to a dedicated network of investors.

Year Founded2019
FoundersSandras Phiri
Nº of Investments1
Nº of Exits

Run in partnership with Injini, the Mastercard Foundation EdTech Fellowship champions growth-stage EdTech companies in South Africa through equity-free funding and venture-building support. The program equips founders with grant capital and expert mentorship to help them scale their business and deepen their educational impact.

Year Founded2017
Founders
Nº of Investments58
Nº of Exits

Functioning as a technology accelerator and deal flow platform, AfricArena supports the growth of startups across the African continent. They foster a collaborative ecosystem by connecting founders with crucial co-investment opportunities and strategic partnerships.

Year Founded2017
Founders
Nº of Investments1
Nº of Exits