Deadline:

31st, July 2019.

Location:

Cape Town, South Africa.

(Partially Funded)

Description

2019 VC4A VENTURE SHOWCASE – SERIES A- CALLING for UPS-SCAL OF DISPLUPTIVE LOOKING to THE WHITE FOR THE WUTEN OF 250K $ and 5M $

VC4A VENTURE SHOWCASE are looking for 10 innovative, high-growth scale-ups to showcase at Africa Early Stage Investor Summit on Nov 13-14 in Cape Town. Are you operating in Africa, generating revenue and looking to raise your Series A round in the range of $250K and $5M? This is the opportunity you’ve been looking for!

More Details

In 2017-2018, we showcased 30 scale-ups from across the continent as part of the Africa Early Stage Investor Summit, resulting in a number of Series A deals totaling over $15M. Building on this success, the ‘VC4A Venture Showcase – Series A’ is now a central component of our annual Summit. 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 travel to Cape Town in the period of November 10-16, 2019 to attend the Africa Early Stage Investor Summit and be part of the VC4A Venture Showcase.

WHAT WE OFFER:

  • All-expenses-paid trip to Cape Town on Nov 10-16, 2019.
  • 3 min pitch in front of 300+ investors at the Africa Early Stage Investor Summit.
  • 30 min deep-dive session with investors in a private room.
  • Two days of networking with investors, including Speaker Cocktail and Industry Leaders dinner.
  • Mentorship and pitch training by partner VC investors.
  • Opportunity to attend and pitch at partner event AfricaCom.

Opportunity Focus Areas:

  • Business Studies.
  • Entrepreneurship.
  • Management.
  • Marketing.
  • Quality Management.

Required Languages

English.

Eligible Countries

EGYPT,TUNISIA, ALGERIA, MOROCCO, SUDAN, LIBYA,SOMALIA, DJIBOUTI, MAURITANIA,COMOROS & OTHER COUNTRIES ARE FROM AFRICA.

Program Period

76 days.

  • Jun 1 – Jul 31 Application period.
  • Aug 1 – Sep 15 Selection process / investor review / interviews.
  • Sep 15 Showcase participants announced.
  • Sep 15 – Nov 10 Working on presentations with mentors (VC investors).
  • Nov 12 Pitch practice with investor feedback.
  • Nov 13 AfricaCom and AHUB participation.
  • Nov 14 VC4A Venture Showcase – Series A at Africa Early .Stage Investor Summit.
  • Nov 15 Innovation tour.

Eligibility Requirements (Criteria)

  • 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 $250K – $5M.
  • 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%):

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

Opportunity Cost

(Partially Funded)

  • All-expenses-paid trip to Cape Town on Nov 10-16, 2019.

How to Apply

First Step: log in to your VC4A account to submit your application to Merck – Make-IT Africa Startup Program. If you do not yet have an VC4A account, please Sign Up. You will directly be able to continue with your application.OR Login with Facebook OR Google OR LinkedIn.

Second Step: Complete the application and submit it.

Apply Now

More Details

Know more about this opportunity:

Official Website

Marj3 recommended links

To learn how to write CV, Essays, Personal statement,  and know about recommendation letters click here:

Marj3 recommended links

This Scholarship Published by:
Hanine Aymen/ Egypt

Reviewed by” Mohamed Magdi Eweda / Egypt
MARJ3 Intern
MARJ3 Scholarships team