Deadline: August 14, 2020

Applications are open for the VC4A Venture Showcase – Series A 2020. Venture Capital for Africa (VC4A) is looking for 10 innovative, high-growth scale-ups to showcase their solutions to the world. Are you operating in Africa, generating revenue and looking to raise your Series A round in the range of $500K and $10M? This is the opportunity you’ve been looking for!

In 2017-2019, they selected 60 scale-ups from across the continent as part of 4 showcase programs, resulting in a number of Series A deals totalling over $100M. Building on this success, the ‘VC4A Venture Showcase – Series A’ is now a central component of their efforts to support investors connecting with high-quality deal flow. This is an exclusive opportunity to introduce your company at once to everyone who’s anyone in Africa’s early-stage investment space.

If you are selected for the Showcase, you are expected to:

  • Engage with assigned mentors (partner VC 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 VC investors in the period of October – November 2020 and be part of the VC4A Venture Showcase.

Benefits

  • 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 VC investors
  • AWS Activate offers selected cohort AWS credits ranging from $10,000 to $25,000, tools, resources, and more to quickly get started on AWS.
  • Joining the alumni network and having exclusive access to fundraising opportunities

Eligibility

  • Your company is for-profit and registered as an independent legal entity;
  • You have a product or service available on the market and generate revenue;
  • Your product or service is clearly innovative and/or your business model is new, disruptive and designed for scale;
  • You have a very strong management team of at least 3 people;
  • Your team is based in one or more countries on the African continent;
  • At least one of the founders has an African nationality;
  • You are seeking Series A investment in the range of $500K – $10M;
  • While there will be exceptions, most likely your startup has already received external investment, structured as either debt or equity, or received grants from donor organizations.

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%): They will evaluate your market traction, revenue streams, and unit economics. If any outside funding has been raised before, it’s a plus.

Application

Are you operating in Africa, generating revenue and looking to raise your Series A round in the range of $500K and $10M?

Click here to apply

For more information, visit VC4A Venture Showcase – Series A.

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