Are you an innovative entrepreneur with a vision to transform Africa’s business landscape? The Founders Connect Startup Innovation Challenge is your golden opportunity to showcase your startup, secure funding, and gain access to invaluable resources that will propel your business to new heights. It is a pitch2win event aimed at giving your startup visibility and funds.
Program Benefits
- $2,500 in equity-free grant funding
- Opportunity to pitch to investors like Ingressive Capital and get up to $7,000 investment from African Impact Initiative.
Eligibility Criteria
To qualify for this challenge, startups must meet the following requirements:
- Startup must be less than 3 years old
- Must be tech-enabled (not just a website)
- Must have launched a product in the market with demonstrable traction (active users and/or revenue)
- Must have raised less than $1M in outside capital
- Must have high growth potential and scalability
- Founding team must be available to pitch in person at the semi-final and final stages (Lagos, Nigeria or Nairobi, Kenya)
- Startup should address specific needs, challenges, or opportunities within African markets
- At least one founder must be committed full-time to the startup
Timeline
- Application Deadline: April 16, 2025
For more information, visit Founders Connect Startup Innovation Challenge
