In Flat6Labs, TAEF found the partner it sought: an effective and innovative start-up accelerator and funding model to support start-up digital entrepreneurs.
In 2017, TAEF became an anchor investor in Flat6Labs Tunis and Anava Seed Fund along with a local bank, a local family office, Flat6Labs Cairo, and now, the IFC.
“ TAEF success depends upon the success of our investees and entrepreneurs and of our partners. Our goal is investment for return, impact and sustainability – which means strong financing institutions. Our Flat6Labs / Anava investment, is an important part of TAEF’s innovative and inclusive investment strategy focused on one segment of the SME ecosystem: digital entrepreneurs.”
Bowman Cutter-TAEF chairman
TAEF co-founded and is an anchor investor of Flat6Labs Tunis (the Tunisian branch of Flat6Labs which is the MENA region’s leading seed and early stage venture capital firm) and Anava Seed Fund (the affiliated investment fund). It is the first integrated platform for Tunisian startups that includes acceleration, seed & follow on funding, and pre-series A funding. And today, it is recognized as the leader and the most inspiring program for startups in Tunisia.
Flat6Labs Tunis and Anava Seed Fund are key elements of Tunisia’s current dynamic startup ecosystem. A healthy startup ecosystem is an important element of Tunisia’s private sector development. The Tunisian government has recognized the importance of this sector with a new regulatory framework, the “Startup Act,” intending to facilitate procedures for startups. Tunisia today is ranked 1st in Africa and 40th globally on the « Global Entrepreneurship Index 2018».
Hundreds of applicants vie for selection each investment cycle to be one of the startups selected to enroll in the program. This enables them to benefit from an innovating acceleration program, seed financing, a large base of local and international recognized experts and mentors, an expansive network of investors and corporates, workspace, etc.
For more information, please visit Flat6Labs Tunis website
