Seed Afrika was established to help promising entrepreneurs in the Southern Africa region connect with seed stage capital and mentorship from Silicon Valley.
Seed Afrika work with the political and business networks within key verticals in Southern Africa to source vetted seed level deals for early-stage investors looking to find sustainable, profit-based investment return opportunities in Africa. Simultaneously Seed Afrika expose top African entrepreneurs to the networks they need to build pipelines to wealth and job creation for their own local communities.
Call for Entrepreneurs
Seed Afrika is currently looking for applicants for the 2016 funding round. Qualifying businesses will be matched to investors based on their profiles and investment needs. Both investors and businesses owners will meet together in Cape Town in October 2016 for a final round of discussion and pitching. During this time investment deals will be offered to those businesses that are accepted.
Seed Afrika is currently looking for businesses with the following criteria:
- Legally registered with CIPC
- Tax clearance certificate from SARS
- Available annual financial statements
- Operate within the Energy, Water (sanitation, management), Healthcare and finance/financial transactions sectors
- Have a minimum viable product (MVP)
- Reached Proof of Concept (POC) with paying clients
- Defined pipeline of customers
- Scalable business model
Funding deals range from $25k to $5m for either seed or series A funding rounds. Applications for Seed Afrika can be done through their local Cape Town based partner: Entrepreneur and Management Solutions.
Interested businesses should contact Bruce Wade directly on bruce@em-solutions for a detailed application form and initial assessment process.
Entrepreneur and Management Solutions will conduct an initial assessment and due diligence before advancing applications to Seed Afrika for consideration.
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