This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.
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South Africa's startup scene is growing, with accelerators and incubators in cities like Cape Town and Johannesburg playing a key part. They offer support to new businesses in many areas, including information technology and EdTech.
Some programs have been very active, with Injini making around 60 investments in education startups. Grindstone has also seen success, with 7 of its companies reaching an exit.
Below is our list of the best 12 accelerators and incubators in South Africa.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Grindstone propels high-growth, innovation-driven companies forward with a structured entrepreneurship development program. They focus on engineering sustainable growth, making participating startups more valuable and investable.
As an established technology investment group, Alphawave Group provides capital and strategic guidance to entrepreneurs in sectors like AI and software. They enable the best in their field to build successful, lasting companies.
Focusing on educational technology, Injini operates as an incubator and seed investment program for startups across Africa. The program is designed to help founders build commercially viable solutions that address pressing educational needs throughout the continent.
FireID incubates and commercializes disruptive technologies, primarily focusing on the mobile, security, and software sectors. They guide early-stage companies through the entire journey from initial product development to a successful market launch.
With a sharp commercial focus, Savant Technology Incubator supports hardware and deep tech startups in transforming their innovations into viable businesses. They provide the necessary resources and expertise to navigate the difficult path of bringing physical products from concept to market.
As an initiative of South Africa's savings and investment industry, the ASISA ESD Fund champions the growth of black-owned small and medium enterprises. The fund helps integrate these businesses into the financial sector's supply chain by providing both loan funding and crucial non-financial business support.
Specializing in creative technology, Aions Creative Technology channels corporate B-BBEE funding into promising local startups in South Africa. This unique model provides founders with the capital and support needed for rapid transformation while helping established businesses meet economic development goals.
The SA SME Fund champions economic growth in South Africa by investing in venture capital funds that support high-potential SMEs, particularly those that are black-owned and women-led. As a private sector-led fund of funds, it plays a crucial role in building a sustainable local venture capital ecosystem and driving job creation across the country.
Startup Circles.ai helps founders build commercially viable businesses, with a particular focus on the AI industry. The program equips entrepreneurs to successfully pitch their companies to a dedicated network of investors.
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.
Beyond our main selections, there are even more programs helping founders get their start. Together, the accelerators below have backed a handful of early-stage companies. Here’s a look at the other accelerators and incubators helping founders in South Africa.
| Accelerator/Incubator | Year Founded | Nº Investments | Nº Exits |
|---|---|---|---|
| 2017 | 1 | — | |
| 2017 | 3 | — |
