Deadline: 10 June, 2020

Aptive Capital, a US-based $1 million portfolio fund, has launched a programme targeted at early-stage African startups with a focus on social impact within their communities.

Launched in 2020 and arising from the funding gap as a result of the Covid-19 pandemic, the fund is committed to supporting, coaching, and increasing the social impact of early-stage entrepreneurs and innovators who are changing the norm and creating social impact within their society.

25 startups and businesses will be invited for one-on-one Zoom pitch, and ten selected startups and businesses will make it for the finals.

Benefits

  • Five selected viable startups and businesses will each receive a $10,000 investment for equity

Eligibility

  • The business must have an MVP for a tech startup and ongoing business for non-tech
  • Application is open to any business operating in Africa
  • Founders do not necessarily need to have a background in tech
  • Applicants must be a part of a team with at least two founders
  • The business must be registered and primarily operate in Africa
  • Early-stage startups from Nigeria, Ghana, Kenya, South Africa, Egypt, and Ethiopia are encouraged to apply

To apply and for more information, click here.

Photo source: Aptive Capital

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