New 216 Capital Venture Accelerator to Back 20 Tunisian Startups with €50,000 Each
- 216 Capital and Plug and Play have launched the 216 Capital Venture Accelerator to support Tunisian startups.
- The accelerator will support up to 20 startups, each receiving an initial investment of €50,000.
- Startups will benefit from mentorship by international investors and access to a global network.
The collaboration between 216 Capital and Plug and Play represents a significant step forward for Tunisia's startup ecosystem. By providing funding and mentorship, this initiative could help overcome existing barriers for entrepreneurs and position Tunisia as a competitive player in the global market. However, the success of the accelerator will depend on the effective execution of its objectives and the ability to attract sustained investment.
