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  Are you an aspiring entrepreneur or founder with an early-stage idea or concept seeking support to kick-start it? Do you possess an innovative idea awaiting crucial next-step support to transition from ideation to implementation? Gen F steps in to assist you
Read more about Opportunities
Gen F provides an experimentation budget and grants access to experts to test and launch your concept. Upon completion, you’ll qualify to pitch for additional funding of up to $250,000 to propel your startup to the next level. Embarking on the journey of bootstrapping a new idea is certainly challenging. It demands specific skills, and many founders hesitate due to the financial risks involved.
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Benefits

During Gen F, participants will receive:
  • A competitive one-time budget for conducting market validation experiments.
  • Close collaboration with Gen F’s venture builders to refine concepts and prepare for Investment Committee presentations.
  • Subject to Investment Committee approval: Free access to Gen F’s studio services for startup launch and access to funding of up to $250,000.
Register to attend the CN Business Mixer

Eligibility Criteria

This program is open to individuals and ideas meeting the following criteria:
  • Former startup founders possessing insights into the startup ideation process.
  • Domain experts are equipped with unique insights into the problems they aim to solve.
  • Corporate professionals seeking to transition into entrepreneurship by addressing identified market gaps.
  • Senior operators with previous experience in African startups.
  • Founders presenting well-researched concepts addressing significant African challenges within expansive markets.
  • Founders capable of committing full-time for 10-12 weeks to refine and validate their concepts before transitioning full-time into their startups.
  • Ideas demonstrating high potential for commercial success with inherent societal impact.
  • Founders at the earliest stages of developing their startup ideas (pre-revenue).
Applications for this program will remain open until June 1, 2024. To apply for this transformative opportunity, please click HERE.
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This article was first published on 5th April 2024

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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