Early-Stage Startups Award (Upto $1M) by VCA4 – Hub for Opportunities
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Early-Stage Startups Award (Upto $1M) by VCA4 – Hub for Opportunities

vc4a-venture-showcase

Early-Stage Startups Award (Upto $1M) by VCA4 – Hub for Alternatives

CA4 is on the lookout for 10 revolutionary early-stage startups to showcase their enterprise to the world. You’re primarily based in Africa and your tech-enabled answer is already in the marketplace. It begins to point out some traction and you’ve got growth plans in thoughts? Don’t miss out on this chance to lift within the vary of $150K and $1M and apply proper right here proper now!

VC4A Enterprise Showcase Seed is the sister program of the annual VC4A Enterprise Showcase Serie A. Do you know that between 2017-2019, they chose 60 scale-ups from throughout the continent as a part of 4 showcase applications, leading to various Collection A offers totalling over $100M?

Constructing on this success, the ‘VC4A Enterprise Showcase – Seed’ – in collaboration with AWS Activate, AfriLabs, and ABAN – is a central element of their efforts to help traders connecting with Early-Stage Startups. That is an unique alternative to introduce your organization directly to everybody who’s anybody in Africa’s early-stage funding house.

SELECTION CRITERIA

  • Business Worth of your Product/Service (25%)
    Your organization addresses an actual downside available in the market. Your services or products is completely different from others within the trade. Your enterprise mannequin is new and designed for scale.
  • Technique for Development (25%)
    The market dimension is important and there’s potential to develop domestically and into new markets. Your startup is scalable and has a transparent technique for progress. You possibly can present demonstrable progress.
  • Administration Staff (25%)
    Your crew has the {qualifications} wanted to make the enterprise profitable.
  • Market Traction & Financials (25%)
    They’ll consider your market traction, income streams, and unit economics. If any outdoors funding has been raised earlier than, it’s a plus.

 Advantages

  • Being acknowledged as 2020 VC4A Enterprise Showcase entrepreneur
  • Participation within the VC4A Enterprise Showcase deal room, together with 150+ early-stage investor organizations
  • Skilled edited 3-minute digital pitch
  • 30 min deep-dive session with traders in a non-public room
  • Mentorship and pitch coaching by associate early-stage traders
  • AWS Activate provides chosen cohort AWS credit value $10,000, instruments, sources, and extra to shortly get began on AWS.
  • Becoming a member of the alumni community and having unique entry to fundraising alternatives

 Eligibilities

  • Your organization is for-profit, registered as an unbiased authorized entity with lower than 3 years of customer support operations;
  • Your organization has a services or products already obtainable in the marketplace and serving its first clients;
  • Your extremely scalable enterprise mannequin is seen by a rising variety of clients or transactions, your pipeline exhibits future contracts and potential gross sales;
  • You may have a superb estimate of your addressable market and potential social influence attain > 1M+ folks/12 months with potential plans to develop throughout borders;
  • Your services or products is clearly revolutionary and/or the enterprise mannequin is new and disruptive;
  • Your founding crew has 2+ years of time invested and at the very least one of many co-founders is predicated on the African continent with an African nationality;
  • You’re searching for Seed/pre-Collection A funding within the vary of $150K to $1M*;
  • Whereas there will probably be exceptions, your organization has acquired funding above 25K USD from “Founder, Household, Buddies & Followers” however not exceeding 1M+ USD;
  • Founder(s) who beforehand began a profitable firm is a plus.

 APPLICATION PROCESS

Apply by the given hyperlink.

Utility Deadline: September 11, 2020

APPLY NOWOFFICIAL LINK

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