Algeria Venture

A-VENTURE is the initiative of the Algerian government through the coordination between the Ministry of Knowledge Economy and Startups and SONATRACH, the national oil & gaz company of Algeria and the largest company in Africa, as a main sponsor and contributor to startups inclusion A-venture, the first of its kind in Algeria, will play a pioneering role by offering and facilitating logistical and development structures for startups and incubator as well as various accompaniment programs complying with international standards. Its function is complementary to the "ALGERIA START-UP FUND", already launched in October 2020, by ensuring the monitoring and supervision of the beneficiary startups. In addition to assisting high potential startups in fine-tuning their business processes, A-Venture will become a platform to attract top investors for selected startups via its challenging program. Unleashing the full potential of Algerian youth and its emerging and dynamic entrepreneurship is at the highest priority. The launching of A-Venture comes as a confirmation of the Algerian government’s eagerness to promote a knowledge economy by putting in place a multisectoral mechanism via its Ministry in charge of startups.