216 Capital and Plug and Play have partnered to launch the 216 Capital Venture Accelerator by Plug and Play, a six-month program designed to strengthen Tunisia’s startup ecosystem. The initiative will equip Tunisian startups with the tools, funding, and global connections needed to achieve investment readiness and expand into regional and international markets.
“This program marks an important milestone for the Tunisian ecosystem,” said Dhekra Khelifi, Partner at 216 Capital. “By joining forces with Plug and Play, we are giving local founders the tools to structure their businesses, raise capital, and access international markets.”
The accelerator will select up to 20 startups, each receiving €50,000 ($58,600) in initial funding as well as mentorship and tailored support. The most promising ventures may also secure follow-on investments. Startups will gain access to Plug and Play’s global network of investors, mentors, and corporate partners, opening pathways to growth and scalability.
The 216 Capital Venture Accelerator aims to mobilise greater investment into local startups through 216 Capital and Plug and Play Africa Ventures, position Tunisia as a key innovation hub in Africa and the MENA region, and inspire a new generation of globally visible success stories.
“Tunisia has already proven its ability to produce globally relevant innovations,” said Yves Cabanac, Managing Director France, Benelux, Afrique, Plug and Play. “With this program, we aim to accelerate that momentum by identifying high-potential startups, aligning them with global standards, and channeling new investment flows into the country. Our ambition is to position Tunisia as a transregional innovation hub, bridging local talent with global opportunities.”
Click to signupPlug and Play, which is also the training and investing partner of the Visa Africa Fintech Accelerator, brings deep regional experience and a proven track record of connecting startups with global market opportunities.
216 Capital itself is backed by Anava, the €100 million fund of funds (FoF) managed by Smart Capital. Anava’s mandate is to spur Tunisia’s venture capital industry by investing in VC funds targeting local startups. Anava has committed over €45 million across 10 funds, including 216 Capital’s, with support from global development partners such as the World Bank (through CDC) and KfW, the German development bank.
This initiative is therefore part of Tunisia’s broader national strategy to strengthen and finance its startup ecosystem. It underscores a strong collective commitment to transforming Tunisia into a competitive and sustainable regional innovation hub.
