The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International Visits Program for Algerian Startups (ASEP 2024), an initiative designed to bolster the growth and global reach of the country’s burgeoning startup scene.

Unveiled by President Abdelmadjid Tebboune during the opening of the 55th Algiers International Fair, ASEP 2024 aims to empower 450 Algerian startups by funding exploratory trips to leading technology hubs across the globe. The program will cover all expenses, including airfare, accommodation, local transportation, visas, and other associated costs.

Destinations for Growth and Inspiration

Participating startups will have the opportunity to visit prominent technology companies, research centers, universities, incubators, accelerators, and innovation hubs in the following countries:

• United States of America 🇺🇸
• China 🇨🇳
• South Korea 🇰🇷

These visits will enable startups to gain valuable insights into international entrepreneurial ecosystems, forge new partnerships, and explore potential avenues for expansion.

Registration and Eligibility

Registration for ASEP 2024 is currently open, with applications accepted until July 15th, 2024. To be eligible, startups must be labeled by the ministry and can only send one representative on one trip.

A pre-departure boot camp will be held in Algiers a week before each group’s departure, starting in late July 2024. The trips themselves are tentatively scheduled to begin in late July, with subsequent departures planned for August, September, and October 2024.

A Catalyst for Innovation

ASEP 2024 represents a significant investment in the future of Algeria’s knowledge economy. By facilitating international exposure and collaboration, the program aims to accelerate the growth of startups, foster innovation, and contribute to the country’s overall economic development.

For further information and to register, interested startups can visit the official program website: https://asep.dz/