Startups and SMEs contribute largely to the digital economy in Africa. An estimated $2.4 billion in capital and acquisition value was recorded across the African tech and innovation scene in 2020. Still, startups in Africa struggle with in-depth legal training support to enable them to set up legally sound and risk proof businesses, products and strategies from an early stage.
Having considered the role that tech startups play in the growth of Africa’s economy and their legal needs, the Lawyers Hub introduces a 12-week accelerator geared towards supporting pre-seed startups in strategy and business development with training on legal strategies for startup growth, investor readiness and sustainability.
During the 12 weeks, the cohort will engage with program facilitators, learning and applying various aspects of the law in scaling their innovations including;
- Startup life-cycle aligned legal workshops
- Monthly check-in with guest facilitators
- Publication of resources
- A prototype and product demonstration day