2020 VC4A Venture Showcase – Seed: Calling for Early-Stage Start-ups Looking to Raise between $150k and $1m.

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.

What We Offer

  • 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

Eligibility Criteria

  • 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.

Selection Criteria

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.

What We Expect from You

  • Engage with assigned mentors (partner early-stage investors) and VC4A team to prepare your 3-minute and 20-minute presentations, as well as 2-pagers with investor data as part of the deal book;
  • Be prepared to pitch and engage with early-stage investors in the period of November – December 2020 and be part of the VC4A Venture Showcase.

How to Apply

Click here to apply online

Deadline September 11, 2020