Flywheel : the new support program for startups support organizations

Published at
25 March 2021
Category
Ecosystem Support
Flywheel : the new support program for startups support organizations

During the official launch ceremony of the Anava fund of funds, Smart Capital unveiled a new support program for startups and support structures. Called Flywheel, this program will be spread over 7 years.
Thus, two instruments will be addressed to support structures.
The first instrument, called Deal, aims to support the launch of new coaching programs. To do this, it offers a grant worth 200 thousand dinars according to eligibility criteria that will assess the value proposition of this program, the key skills of the team, vision, structuring, cohesion, and connection with other structures and programs in the ecosystem.
The second instrument, Sail, will allow existing coaching structures to benefit from a grant whose value is based on performance metrics such as the number of coached startups that have received the label, or the number of coached startups that have raised funds. The goal of this mechanism is to ensure the sustainability of these structures.