Major global investors Tim Draper and Mark Iwanowski are to be in attendance at the SpeedUPAfrica bootcamp, which takes place in Ghana in July and will see selected startups walk away with a share of US$1 million in funding.
The four-day bootcamp will be 100 per cent execution-driven, with hands-on workshops, live experiments, A/B testing, growth hacking, and one-on-one mentor sessions.
In attendance at the event will be Tim Draper, who backs DraperDarkFlow and is also the founding partner of leading venture capital firms Draper Associates and DFJ. His investment successes over the years include Skype, Overture, Baidu, Tesla, Theranos, Parametric Technology, Hotmail, Digidesign, and Twitch.tv.
“African startups can change the world and have a very unique and exciting opportunity to leapfrog existing norms, and great things will happen,” Draper told Disrupt Africa upon confirming his attendance at the event.
Also attending SpeedUpAfrica will be Mark Iwanowski, chief executive officer (CEO) of MDI & Associates, and formerly of Oracle, Raytheon and SAIC. Iwanowski has invested more than US$1 billion in tech startups, and seen returns of three times that amount.
Of the 100 startups that will be selected for the event, 80 per cent will be early-stage and 20 per cent later-stage. DraperDarkFlow has committed to invest US$1 million in the best startups at the bootcamp, while other high profile investors are also coming on board to make investments.