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  Venture Capital For Africa (VC4A) has announced that it’s looking for eight eligible high-growth scale-ups to pitch their business to potential investors from across the world. This program targets revenue-generating scale-ups that are currently active in Africa and want to raise a Series A round of between $1.5 million and $10 million.
Read more about Opportunities
The VC4A Venture Showcase, as this program is known, aims to bring African companies within the pitching range of more than 200 Africa-focused investors. This effort carries on from the VC4A’s successes between 2017 and 2020, in which it held five showcase programs and enabled deals exceeding $150 million. Besides the chance to get funding, finalists also received technical advice from angel investors and VC fund managers. Now, VC4A is making the Venture Showcase a firm part of its operations, with intentions to connect more top-performing scale-ups with its global network of investors.

What You Stand To Benefit

Successful applicants may benefit from this program in the following ways:
  • More than 30 minutes of private engagement with investors.
  • Technical support and mentorship from VC partners.
  • $10,000 to $25,000 worth of AWS credits, plus tools, resources, and quicker access to AWS.
  • Joining the alumni network and gaining access to fundraising opportunities.
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Eligibility

  • Participants must be a for-profit company registered as an independent legal entity.
  • A management team of at least three people.
  • Innovative product or service and a scalable business model.
  • Companies that have already received external investment are preferred.

The Process

Applications end on July 24. Between that date and September 18, applications will be reviewed. Showcase participants will be selected and announced on September 18. Between September 18 and November, VC partners will mentor the showcase participants, with technical sessions with the VC partners running from October 1 to November 3, and the VC4A Venture Showcase—Series A deal room of over 200 investors launched on October 25. Selected scale-ups will be showcased at the Africa Early Stage Investor Summit between November 4 and 5. If you would like to find out more about this program or apply to participate in it, click here. Featured Image Source: Opportunity Desk
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This article was first published on 29th June 2021

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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