Apply: 2019 VC4A Venture Showcase – Series A for High-growth African Startups (Fully-funded to South Africa)

Apply: 2019 VC4A Venture Showcase – Series A for High-growth African Startups (Fully-funded to South Africa)

VC4A is 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!

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.

Eligibility:

To be eligible for the 2019 VC4A Venture Showcase – Series A:

  • 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.

Benefits:

  • 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

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.

Timeline:

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

Expectations:

If you are selected for the 2019 VC4A Venture Showcase – Series A, 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.

How to Apply:

To get started, click here https://vc4a.com/vc4a/2019-vc4a-venture-showcase-series-a/application/

Application Deadline:

July 31st, 2019.

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