Wiki Start Up, the first private incubator in Tunisia

By : Melchior Koba

Date : lundi, 13 novembre 2023 12:34

For more than a decade, Wiki Start Up has been dedicated to equipping startups with the essential resources, mentorship, and networking opportunities they need to transform their ideas into successful businesses.

Wiki Start Up is the first private incubator in Tunisia. Founded in 2011, it is a center that combines business incubation, coaching, and seed financing with certified investment professional Mohamed Salah Frad as its managing director.

The incubator specializes in support, consulting, research, and training, offering several programs to Tunisian startups. One of its programs is Startup Nest, an incubation program financed by the Dutch Ministry of Foreign Affairs with technical support from the NGO SPARK, dedicated to assisting and supporting innovative project leaders.

In 2015, Wiki Start Up initiated Start’Act in collaboration with the Carthage Business Angels Association. The said program supports innovative startups by helping them materialize and develop their projects.  It features a rich incubation program with a wide range of shared training courses, in addition to personalized expertise-building training established in collaboration with project leaders. In addition, the program has a 50 million dinars (around $16 million) seed fund (Capital’Act) dedicated to startups that go through the Start’Act program. 

In addition to helping startups raise funds, the center also co-launched CapitaLease Seed Fund, the first pre-seed fund in Tunisia. The pre-seed fund provides financial support to startups during their conception and prototyping phases.

Wiki Start Up has a significant impact in Africa.  It has reached over 750 startups and supported more than 90 entrepreneurs. Its network comprises over 100 experts, mentors, and business angels, and more than 50 private companies, public bodies, and international organizations.

Melchior Koba

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