Published: 21 Apr 2022 883 views
We’re looking for up to 16 women founders leading innovative, high-growth scale-ups to showcase to the global network of Africa-focused investors. Are you operating in Africa, generating revenue, and looking to raise between $250K and $10M? This is the opportunity you’ve been looking for!
According to the Africa: The Big Deal report, in 2021 93% of the funding in Africa went to startups led by male CEOs. Looking at the makeup of founding teams, over 99% of the funding in 2021 was raised by a single male founder, or a founding team with at least one male co-founder.
Based on this knowledge and as a community member dedicated to supporting the startup ecosystem, VC4A now opens a call dedicated to women-led startups from across the African continent. If you are leading a fast growing startup with clear impact potential and you are in the process of scaling up your activities in the region, then apply.
As part of the program, companies get visibility within a curated investor network and are interviewed by leading VC funds as part of the vetting process. The finalists receive mentorship and technical advice directly from the angel investors, VC fund managers and Corporates that participate in the program. The Venture Showcase is an effective way to get visibility for your fundraising campaign and to connect with prospective investors. Last but not least, this is a great opportunity to share and learn from your peers and build long-lasting relationships with them.
In 2017-2021, VC4A has selected 90 scale-ups as part of 6 showcase programs in emerging markets, resulting in a number of deals totalling over $400M. This is an exclusive opportunity to introduce your company to leading investors backing great startups from across Africa. So please don’t hesitate and start your application now!
VC4A started with the mission to build up Africa’s start up community. Started in 2007, the network building organization has grown organically over the years into what is now the leading community working to build high growth high impact companies globally. Increased economic momentum is fueled by a growing number of entrepreneurs and their ambition to transform society. It is imperative we seek out the collaborations and partnerships needed to bring together the capital, knowledge, and network these entrepreneurs require to succeed – and to provide every entrepreneur with an e... continue reading
Application Deadline | 27 May 2022 |
Type | Entrepreneurs |
Sponsor | VC4A |
Gender | Men and Women |
Expectations
If you are selected for the Showcase, you are expected to:
Commercial Value of your Product/Service (25%)
Your company addresses a real problem in the market. Your product or service is different from others in the industry. Your business model is new and designed for scale.
Strategy for Growth (25%)
The market size is significant and there is potential to expand locally and into new markets. Your startup is scalable and has a clear strategy for growth. You can show demonstrable progress.
Management Team (25%)
Your team has the qualifications needed to make the business successful. Management team members have complementary expertise.
Market Traction & Financials (25%)
We will evaluate your market traction, revenue streams, and unit economics. If any outside funding has been raised before, it’s a plus.
For more details, visit VC4A website.