Velocity is Explorer Academy’s Start-up Accelerator
We exist to help technology enabled start-ups build traction, scale and change the world.
Our mission is to help support ambitious students that want to build world changing technology. We do this by providing seed-stage venture investment, office space and back-office services to our community of start-ups.
We support African startups that use technology to solve big global problems.
Twice a year we invite start-ups to join Velocity. Founders apply for membership here on this website. We review applications and invite the most exciting start-ups to an interview with our venture partners. The top 20 start-ups are invited to Pitch Day where they present their ideas to a panel of venture investors, venture angels and business leaders we respect. We invest an initial seed investment of US$50,000 into the top 2 pitches and provide them with free office space for 1 year, with the option to renew for second year. Additionally, we commit to providing legal and administrative support to our portfolio companies for 2 years; bringing the total value of investment made into each start-up >$100,000 at the seed stage.