Archives Tag: Funding
Bfree Scoops Up $2.95 Million in New Funding
April 19, 2022
Bfree, a Nigerian tech startup that automates debt collection, has secured $2.95 million in fresh funding for its development of solutions for banks and other formal lenders. Read more about Business The funding round was led by Capria Ventures and included other VCs such as Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, and Axian … Continue reading Bfree Scoops Up $2.95 Million in New Funding
Nigerian Tech Startup Funding Predictions for 2024
April 19, 2022
2023 witnessed a dramatic shift in the global venture capital landscape, with the Nigerian tech ecosystem reflecting this turbulence. After securing a record-breaking $2.4 billion in funding in 2022, the past year saw a significant decline, leaving entrepreneurs and investors grappling with a new reality. However, as 2024 unfolds, for a Nigerian tech startup, … Continue reading Nigerian Tech Startup Funding Predictions for 2024
The Fourth Industrial Revolution Technology Application Program
April 19, 2022
The Federal Ministry of Communications, Innovation and Digital Economy, and the Federal Ministry of Agriculture and Food Security have partnered to introduce a funding and support program for agricultural projects that utilize Fourth Industrial Revolution (4IR) technologies. The program, tagged the “Fourth Industrial Revolution Technology Application (4IRTA) Demonstration Project in Agriculture”, seeks to identify, … Continue reading The Fourth Industrial Revolution Technology Application Program
7 Funding Sources for SMEs You Have Probably Never Heard of
April 19, 2022
You may not always have enough money to run your business on a daily or strengthen and expand its operations when you need to. Traditional banks and institutional lenders, though beneficial, might not always be the most accessible or viable option. But did you know that several alternative funding sources can fuel your business’s … Continue reading 7 Funding Sources for SMEs You Have Probably Never Heard of
7 Ways Startup Founders Can Keep Up with Adequate Funding
April 19, 2022
Securing adequate funding is one of the most critical challenges that startup founders face. It’s a well-known fact that without a sufficient financial cushion, even the most promising startups can struggle or fail. So, what can founders do to keep their funding in good shape and ensure their startups thrive? In this article, we’ll … Continue reading 7 Ways Startup Founders Can Keep Up with Adequate Funding
Navigating the Funding Winter: A Guide for Nigerian Startups
April 19, 2022
Startups often find themselves in a constant quest for capital to fuel their growth and innovation. However, there are periods when securing funding becomes more challenging, commonly referred to as a “funding winter.” During these periods, investors may become more cautious, and the availability of capital may diminish. Nigerian startups are no exception to … Continue reading Navigating the Funding Winter: A Guide for Nigerian Startups
The Baobab Network Accelerator Program for Tech Startups
April 19, 2022
The Baobab Network, which self-identifies as “Africa’s Leading Accelerator”, is inviting qualified tech startups from Nigeria and the broader African continent to apply for a spot in its accelerator program. Baobab Network promises that startups accepted into this program will receive support from its network of industry expert and the funding they need to … Continue reading The Baobab Network Accelerator Program for Tech Startups
How to Spend the Money Your Startup Raises
April 19, 2022
Congratulations! Your startup has successfully raised funding, which is a significant milestone in your entrepreneurial journey. Now, you’re faced with a crucial decision: how to allocate and spend the money wisely to ensure the long-term success of your business. In this article, we’ll explore some key strategies or some valuable tactics for investing or … Continue reading How to Spend the Money Your Startup Raises
5 Ways to get Funding for Your Startup Without Investors
April 19, 2022
While investor funding can provide a significant boost to startups, it’s not the only path to success. Entrepreneurs often need to explore alternative methods to attract funds and support their ventures. Here are five creative ways to secure funds for your startup without relying on traditional investor funding. Read more about Business Bootstrapping Bootstrapping … Continue reading 5 Ways to get Funding for Your Startup Without Investors
How to Secure Funding for Your Business in 2023
April 19, 2022
Your business needs funding to remain a going concern. And it certainly requires financing to acquire customers, grow sales, and scale further. But finding this sort of support can be an uphill battle, as lenders often refuse to give credit to smaller outfits; those that do make tough demands of would-be borrowers. Read more … Continue reading How to Secure Funding for Your Business in 2023
Club Connect: Connecting Small Businesses to Funding Opportunities in Nigeria
April 19, 2022
Club Connect by Connect Nigeria is indeed a community that aims to support small and medium-sized businesses in Nigeria by providing them with access to funding opportunities, as well as resources and support that can help them grow and succeed. Read more about Business One of the main challenges that many businesses in Nigeria face … Continue reading Club Connect: Connecting Small Businesses to Funding Opportunities in Nigeria
How to Raise Pre-Seed Funding for Your Startup
April 19, 2022
Starting a business requires money. But entrepreneurs often don’t have enough funding that’ll take them from ideation to having an actual product to sell. This is the point at which pre-seed funding proves crucial. With it, founders can get their startups off the ground. In this article, we’ll discuss how you can raise pre-seed … Continue reading How to Raise Pre-Seed Funding for Your Startup
Nigerian Startups Topped Africa’s PropTech Funding Table in 2022
April 19, 2022
Nigerian PropTech startups garnered the most funding from investors for companies in the space within Africa in 2022. They received a large chunk of total financial support coming into the property technology space on the continent. That’s according to a report on Africa’s real estate industry published by Mixta Africa. Read more about Tech … Continue reading Nigerian Startups Topped Africa’s PropTech Funding Table in 2022
The Future of Regulated Crowdfunding in Nigeria
April 19, 2022
The future of regulated crowdfunding in Nigeria holds great potential as an alternative financing option for businesses, startups, and social projects. Crowdfunding has gained momentum globally, and Nigeria has also witnessed the emergence of crowdfunding platforms regulated by the Securities and Exchange Commission (SEC) since 2016. In this analysis, we will highlight key points … Continue reading The Future of Regulated Crowdfunding in Nigeria
$25,000 In Funding on Offer in the African Impact Challenge 2023
April 19, 2022
Entries are currently ongoing for the Africa Impact Challenge. If you run a tech-driven venture and you’re seeking quality training, interaction with forward-looking founders from across Africa, and funding for your enterprise, this is an opportunity you should consider taking advantage of. Read more about Opportunities Starting from its launch, the Africa Impact Challenge … Continue reading $25,000 In Funding on Offer in the African Impact Challenge 2023
