Application Deadline: September 11th 2020
VC4A are looking for 10 innovative early-stage startups to showcase their business to the world. You are based in Africa and your tech-enabled solution is already on the market.
Don’t miss out on this opportunity to raise in the range of $150K and $1M and apply right here right now!
VC4A Venture Showcase Seed is the sister program of the annual VC4A Venture Showcase Serie A. Did you know that between 2017-2019, we selected 60 scale-ups from across the continent as part of 4 showcase programs, resulting in a number of Series A deals totaling over $100M?
Building on this success, the ‘VC4A Venture Showcase – Seed’ – in collaboration with AWS Activate, AfriLabs and ABAN – is a central component of our efforts to support investors connecting with early-stage ventures. This is an exclusive opportunity to introduce your company at once to everyone who’s anyone in Africa’s early-stage investment space.
Your company is for-profit, registered as an independent legal entity with less than 3 years of customer service operations;
Your company has a product or service already available on the market and serving its first customers;
Your highly scalable business model is visible through a growing number of customers or transactions, your pipeline shows future contracts and potential sales;
You have a good estimate of your addressable market and potential social impact reach > 1M+ people/year with potential plans to expand across borders;
Your product or service is clearly innovative and/or the business model is new and disruptive;
Your founding team has 2+ years of time invested and at least one of the co-founders is based on the African continent with an African nationality;
You are seeking Seed/pre-Series A investment in the range of $150K to $1M*;
While there will be exceptions, your company has received investment above 25K USD from “Founder, Family, Friends & Fans” but not exceeding 1M+ USD;
Founder(s) who previously started a successful company is a plus.
*Are you raising your Series A Round in between $500K – $10M? Consider applying to the 2020 VC4A Venture Showcase – Series A. Deadline August 14th.
Being recognized as 2020 VC4A Venture Showcase entrepreneur
Participation in the VC4A Venture Showcase deal room, including 150+ early-stage investor organizations
Professional edited 3 minute virtual pitch
30 min deep-dive session with investors in a private room
Mentorship and pitch training by partner early-stage investors
AWS Activate offers selected cohort AWS credits worth $10,000, tools, resources, and more to quickly get started on AWS.
Joining the alumni network and having exclusive access to fundraising opportunities
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.
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.