32.2 C
Lagos
Monday, December 5, 2022
More

    Apply: Aptive Capital Funding for Startups

    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

    Oluwabunmi Aderibigbe
    Oluwabunmi Aderibigbehttp://www.developmentdairies.com
    Oluwabunmi Aderibigbe is a keen curator for Development Diaries. He has a BSc in Geography and Environmental Management at the University of Ilorin, Ilorin, Kwara State and a master's degree in view at The African Regional Institute for Geospatial Information Science and Technology (AFRIGIST), Ile-Ife, Osun State. Oluwabunmi is a strong believer in the power of positive thinking, SDGs advocate and a Pan-Africanist.

    Related stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest stories