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- ๐Exciting Opportunity for East African Tech Startups!๐
๐Exciting Opportunity for East African Tech Startups!๐
๐ Applications Now Open: 2024 Renew Capital Venture Lab ๐
Dear Fikia Family,
Are you ready to take your tech startup to the next level? We're thrilled to announce that applications are now open for the 2024 Renew Capital Venture Lab! This incredible opportunity allows startups to access an experienced investment team across Africa, seasoned startup executives, and partners and investors from around the globe.
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Eligibility Requirements:
If you're a growth-oriented founder of a tech-enabled, asset-light company based in Ethiopia, Uganda, Rwanda, Kenya, Tanzania, Zambia, Sudan, or Mozambique, this is your chance to shine! Exceptional startups from other countries may also be considered at the discretion.
Benefits:
โ Investment Capital: Renew Capital invests between $50K and $300K in each startup, based on the assessment of growth potential.
โ Training for Rapid Growth: Access growth tools, management tactics, and pitch coaching through a comprehensive business training program designed to support your startup's growth.
โ Networked Knowledge: Receive instruction, coaching, and mentorship from our dedicated Renew Capital staff spread across the African continent. Selected companies may also benefit from additional mentorship from successful entrepreneurs in the global investor network.
Program Timeline:
๐ Pre-Lab Training: Sign up to learn the ins and outs of how investment firms operate, the investment process, key documents involved, and what happens after receiving an investment.
๐ Venture Lab: Selected startups will be invited to participate in the Renew Venture Lab โ a training series designed to prepare your company for potential investment. Featuring a blend of online and live training sessions, including coaching sessions delivered by the Renew Capital team.
๐ผ Investment: Selected companies will receive investment ranging from $50K to $300K, with the possibility of larger rounds of funding from follow-on fund as you continue to scale your business.
๐ค Pitching: Shortlisted startups in the Renew Venture Lab will have the opportunity to pitch to the investment committee.
Don't miss this chance to accelerate your startup's growth and access the resources you need to succeed. Apply now and join the lab on this incredible journey! Link to apply: https://venturelab.renewcapital.com/
Good luck!
Social Media Team @ Fikia
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