Startup Grants 2025 Eden Care, a licensed Rwanda-based digital insurer which offers affordable, accessible and personalized health coverage to businesses and their employees, has completed a pre-seed funding round from DOB Equity , Seedstars International , Norrsken Foundation, and Bathurst Capital. Were still investing in seed from our first fund but we are also going to slow down because the biggest opportunity right now will be in this pre-Series A, said Adedayo Amzat, founder and CEO of Zedcrest Capital. Global Founders Capital is a great source of seed funding for African startups. If not, they can cease to exist for instance, Kenya-based food startup Kune. The Government of Canada is a newcomer to the top ten investor list, having closed 20 deals in 2022. Minly Egypt's Minly has created a quirky offering for the MENA region, allowing users to buy personalised video messages and shoutouts from their favourite celebrities. Postgraduate Scholarships for Developing Countries Fully Funded Youth Opportunities 2023 Although large Africa-focused funds such as TLcom, CAIF and Norrsken are well positioned to help startups in seed and growth stages, smaller funds such as Zedcrest Capital are necessary to act as a supporting cast by providing similar amounts of capital. It's exciting to see that the record is on its way to being broken in 2022. Support, co-working spaces, networking, etc. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh, Your email address will not be published. We are very excited to work with CV VC as a blockchain ambassador to enable the further emergence of blockchain as a resource on which Africa can build and outreach globally.". A small number of other organizations and foundations are also stepping up to help African startups grow. 2024 Opportunity Desk Startup Grants 2023 AUC Venture Lab 5. Opportunity Desk 2024 A home swapping network called kindred recently raised $ 7.75 million in seed funding. This fund will be given along with mentorship support and Google platform credits to help the startups grow. Most investors are not writing checks right now. Funding Opportunities for Journalists 2023/2024, Scholarship 2023/24 Grants for Entrepreneurs 2023 Many will also remember 2022 as the year of mass layoffs. Hes also a corporate governance and cross-border data privacy and tax expert. Opportunities for Africans in Europe Commonwealth Scholarship 2024 Across the east African region, only 10% of all funding for startups went to local founders, according to a 2017 study by Village Capital. Call for Proposals in Kenya for Nutritious Foods Grants, Cartier Women Grants and Support for Female Entrepreneurs Worldwide, CFYE Funding and Grants to Create Employment for Young Egyptian Women, Closing Digital Divide Grants for Education Training and World of Work, Commonwealth Youth Awards for Excellence in Development Work, COVID-19 Biomedical Waste Treatment Innovation Challenge in India, Covid 19 Financial Assistance for Entrepreneurs in India, Creating Hope in Conflict Funding for Water and Sanitation and Health, DFID Grants for Agri-tech and Food Chain Innovations in Africa, DFID IMPACT Grants for Sub-Saharan Africa and South Asia, Draper Richards Kaplan Foundation Grants for Entrepreneurs and NGOs, Egypt-South Africa Call for Grant Proposals in Disruptive Technologies, E-WASH Innovation Grant Fund in Nigeria for Improved WASH Services, Feminist Review Trust Fund Grants for Women Projects, FICA Public Art Grants to Support Art Projects in India, FPAI-Villgro Innovation Challenge in India, Funding Call for Startups Tackling Covid-19, Funding for Small and Medium Scale Renewable Energy Projects in Africa, Funding Opportunities for Women in Agribusiness, Future Bora Youth Grants in Kenya for Youth Focused Organizations, Global Media Competition to Expose Tobacco Industry Manipulation, Go Global Africa Grants for New Entrepreneurs, Grants for Art and Activism Against Repression During Covid-19 Crisis, Grants for New Entrepreneurs and NGOs Working in Poverty Alleviation, Grants for Off-Grid Energy Development Entrepreneurship in Malawi, Grants in Nigeria for Digital Jobs and Skilled Craft Work for Youth, GroFin Grants and Funding for Small and Growing Businesses in Africa, GrowthAfrica Accelerator Grants for Entrepreneurs in Africa, High Growth Coaching and Grants for Women Businesses in Nigeria, High Impact Entrepreneurship Grants for Kenya and Rwanda Graduates, Initiative Africa Business Grants and Funding in Ethiopia, Injini EdTech Changemakers in 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South Africa, ORRAA Ocean Resilience Innovation Challenge, Qatar Foundation Call for Applications for Wise Accelerator Program, Renewable Energy and Agriculture Grants for Youth Innovators in Asia, Relief Funds to Help African Entrepreneurs and SMEs, REvolutionaries Steve Sawyer Memorial Award for Africa, RSWR Seed Grants for Small Grassroots Organizations in Kenya, RUFORUM Young African Entrepreneurs Competition, SANTAM Grants for Women Entrepreneurs in South Africa, School Enterprise Challenge International Business Project for Schools, Small Grants for Young Leaders in Southeast Asia, Small Grants in Ghana to Support Women-led Enterprises, Social Change Through Arts Grants in Pakistan and India, Southeast Asian Agribusiness Entrepreneurs New Zealand Sponsored Visit, South Africa Academy for Women Entrepreneurs Funding and Training, Sundara Seed Grants for Female Entrepreneurs and NGOs in WASH, Swedish Institute She Entrepreneurs Grants, Swiss Africa Business Innovation Funding for 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Call for Proposals for Small Grants in Innovation Program, WRI Ross Center Prize for Transformative Urban Climate Projects, YALI West Africa Emerging Leaders Program for Business, Youth Action Lab Grants for Youth at Grassroots Level, Young Caribbean Water Entrepreneurs Shark Tank Competition, Yunus and Youth Fellowships for Social Entrepreneurs, Over 4500 Current Fully Funded Scholarships for International Students, Over 4500 Current Fully Funded Scholarships for International Students 2023. (EUR 15,000 in cash funding) By OFA - septembre 7, 2022 Application Deadline: November 12, 2022 ASIP is a program launched by Telecel Group as part of CSR activities. Their field of action covers 45 countries. While the specific amount of the investment has not been published, it represents the companys first equity-led round following initial fundraising from several angel investors. Yunus and Youth Fellowships for Social Entrepreneurs, Scholarships for Study in Africa Scholarships for African Students Undergraduate Scholarships African Women Scholarships & Grants Developing Countries Scholarships Erasmus Mundus Scholarships for Developing Countries Fellowship Programs Funding Grants for NGOs Government Scholarships LLM Scholarships MBA Scholarships PhD and Masters by Research Scholarships Public Health Scholarships - MPH Scholarships Refugees Scholarships Research Grants Scholarships and Grants, Scholarships in Australia Scholarships in Austria Scholarships in Belgium Scholarships in Canada Scholarships in Germany Scholarships in Italy Scholarships in Japan Scholarships in Korea Scholarships in Netherlands Scholarships in Switzerland Scholarships in UK Scholarships in USA, What is an Operating System? This financing mechanism for African start-ups in their seed phase complements all the tools available to accelerate the growth of small and medium-sized enterprises. Youth Hub Africa 1. Founded in 2017, this startup raised $1.1 million in seed funding. ScarabTech was voted the African regional winner of the Environmental, Social, and Governance (ESG) Tech category at this years Global Startup Awards (GSA) Africa, which took place in Cape Town, South Africa. The program is led by the association I&P Entrepreneurs et Dveloppement, which supports African entrepreneurs. Crypto Valley Venture Capital (CV VC) has announced the launch of its African Blockchain Early-Stage Fund and published the inaugural African Blockchain Report which provides a compelling structural overview of the emerging blockchain sector and rousing insights regarding its funding. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info). Free Grant Money For Anything in Africa. Antler 4. Nkiru Amadi-Emina and Ijeoma Akwiwu founded the startup in 2021 to provide financial services for African supply chain businesses. This support can focus on technological issues or concern typical issues for start-ups (strengthening accounting, marketing support, training teams, etc.). CV VC, as an initiator of Crypto Valley - the world's most mature blockchain hub, with an enviable regulatory landscape and 14 blockchain unicorns - intends to lend its renowned expertise to enable Africa, the world's second-largest continent in both size and population to achieve its true potential. Since then, it has provided seed funding to over many more startups, including Quidax, and AltSchool. Fully Funded Youth Opportunities 2024 The report's headline findings: - Companies raised $91m in Q1 of 2022, a staggering 1,668% YoY increase from Q1 of the previous year; - When comparing Q1 2021 vs Q1 2022, venture funding for African blockchain startups far outpaces the growth seen in general African venture funding - 1,668% vs 149% - showing 11 times the level of growth on a YoY basis; - Africa is the fastest adopting crypto . Scholarships for Developing Countries 2023 For context, African startups could barely raise $300 million in equity funding between April and May 2022. Sign Up Now for funding emails The Mauritius-based VC closed 60 deals in 2022, averaging more than one deal every week. They are awarded to entrepreneurs who can demonstrate growth and provide jobs. Read it now. Scholarship Opportunity for Africans Desk Ventures Platform has made over 60 investments since its launch in 2016. Talk360s payment platform will integrate all payment options in the continent creating a diverse pool of localized payment options, making it easy for international and local businesses to sell to buyers residing in Africa. Early-stage entrepreneurs across the region are creating innovative online and offline models responding to critical products and service needs. Plug and Play rounds up the top ten investors ranking, tied with Founders Factory at 18 deals. While it is a fact that African nations are among the fastest crypto adopters globally, the CV VC report moves past crypto. The GSA is Africas largest independent start-up ecosystem competition and an exclusive mechanism for the GIIG Africa Develop to locate, fund, and scale Africas most innovative entrepreneurs with SDG-aligned clean energy solutions. In this article we have listed our top 21 startup accelerators in Africa. The Pan-African VC closed 34 deals in 2022, making it the fifth-most active investor for the year. Funding for African Businesses Africa Mobility Initiative 2. Commonwealth Scholarship Application Portal Global Founders Capital is a great source of seed funding for African startups. Opportunities for African Graduates African Startup Funding Tracker. Download our brochure on the Digital Africa fund, Digital Africa fund: Supporting digital startups in Africa. Application Deadline: May 31st, 2022. In 2022, it was the seventh-most active investor in Africa's startup ecosystem with 20 deals. Swedish Scholarships for African Students He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc. Akro Accelerate 3. committed to supporting African start-ups by 2022, in partnership with local partners See and/or download documents Lynk transforms the informal sector in Kenya With Andela, the best developers are also trained in Africa Digital Africa seed fund pdf Fisea+english version Size: 2.68 MB Download Preview pdf Choose Africa Brochure Size: 1.60 MB Zedcrest Capital has invested in three startups in pre-Series A stages since it spun out this fund some months back, forking out between $200,000-$500,000 checks in the process. Scholarship Positions for Developing Countries Grants for Startups in Kenya 2025 Business Grants for African Entrepreneurs 2024 CEO Tebogo Mokwena says this funding will help the company assess and possibly scale other African markets. Scholarship-positions.com Usa Opportunities for Youth Sponsored Short Courses for Developing Countries 2023 Scholarship Positions for Phd The technology aims to address the growing impact of single-use plastics on the health of both local communities and the environment, while also providing a sustainable source of energy and job creation to address energy poverty and power micro-economies in underserved communities throughout Southern Africa and the world. Cameroon, Chad, Democratic Republic of Congo, Cte d'Ivoire/ Ivory Coast, Benin, Burkina Faso, Gabon, Gambia, Ghana, Guinea, Liberia, Mali, Nigeria, Senegal, Sierra Leone, Togo, Niger, Dijbouti, Ethiopia, Kenya, Mauritius, Rwanda, Somalia, Somaliland, Tanzania, Uganda, Burundi, Malawi, Madagascar, South Africa, Zambia, Zimbabwe, Angola, Mozambique, Lesotho, Algeria, Egypt, Morocco, Sudan, Tunisia, Congo, Agence d'encadrement et de dveloppement des PME, Association Entrepreneurs & Dveloppement, Sngal, Cte d'Ivoire/ Ivory Coast, Madagascar, Burkina Faso, Niger, Cameroon, Ghana. Undergraduate Scholarships for African Students 2024 Scholarship Positions Undergraduate Business Grants in Kenya 2023 Since 2011, LoftyInc has invested made over 160 deals on the continent, including many stand-out names like Flutterwave and Andela. The firm has a very-early stage fund, Ventures at Zedcrest, that targets pre-seed and seed companies. Opportunity Desk Uganda 2024 Business Grants And for those writing, theyre going back to 2018 times where they take months for due diligence. Business Grants for African Entrepreneurs 2025 This event has impacted the surety and speed of African startups raising capital. A Google for Startups initiative giving access to funding to Black-founded startups in Africa. The GreenTec Capital Africa Foundation offers an ad hoc financing facility for start-ups that join its program to prepare support for Venture Building, in the form of a repayable loan with a 0% rate of up to EUR 25,000. It has funded several fintech startups, including toast.com and Fintech Africa. The fund is open to all startups that meet the criteria, with priority given to Google for Startups Accelerator and Partner program alumni. Since the beginning of 2022, the US, Asian, and European money markets have been on a decline. 2025 Opportunities for Africans They use A chart showing the percentage of companies with over $1m . Undergraduate Scholarships for African Students A large portion of this seed funding was invested in fintech startups. They use Most startups will raise a seed funding round within their first three years of operation. CV VC has a proficient team on the ground, including Gideon Greaves, who today said: As a Swiss headquartered company, CV VC holds great value in precision and knowledge sharing as drivers of innovation. Innovative start-ups/SMEs (health, biotechnology, environment, etc. Opportunity Desk Internship Short Course Scholarship for Developing Countries 2025 This support mainly targets start-ups financed by AFD Group via PROPARCO & FISEA and addresses the following issues: Consult the list below to see the local partner incubators and find out more about the services available (financing, mentoring, training, etc.). The strong need to structure and build the expertise of these companies in a hyper-growth phase (governance, HR structuring, retaining and attracting talent, implementation of management systems). While actively participating in Africa, we are amazed and humbled by the determination of the brilliant founders who are changing the future not just for their industries and nation but for the world. For local funds such as Zedcrest Capital, it also makes sense to create such a fund because theres a much higher probability of getting into good deals that were otherwise overpriced last year. Venture funding slowed down for startups, the stock market plummeted, and IPO-ed companies got a skin-deep valuation haircut. Consult the list below to see the local partner incubators and find out more about the available services (financing, mentoring, training, etc.). The survey will only take 2 minutes to complete, and your feedback will help us improve future stories. This has already bolstered resilience as a road map to how and why the world needs to embrace blockchain as a transformative technology. Launched in 2021 by Favour Ori, the Rwandan fintech is facilitating sending and receiving money globally from Africa. See more. Commonwealth Shared Scholarship 2025 Prospectus Grants for Entrepreneurs 2025 Zedcrest Capital has invested in three startups in pre-Series A stages since it spun out this fund some months back, forking out between $200,000-$500,000 checks in the process. Small Business Grants Commonwealth Scholarship 2023 Scholarship-positions.com Canada Scholarships for Developing Countries 2024 Capital is being invested despite the waters of conventional deal-funnels being muddy - caused by a lack of available data for potential funders - especially international ones. 2 min read The news After raising $550,000 in a pre-seed round, Nigerian fintech startup, Pivo, has followed it up with $2 million in seed funding. Okra This Nigerian fintech startup needs no introduction. In addition to assisting with general business needs, PROPARCO can also provide targeted support to address the main challenges encountered by start-ups when they scale up. ), Mali, Cte d'Ivoire / Ivory Coast, Ghana, Tunisia, Senegal, Egypt, Kenya, Morocco, Democratic Republic of Congo, Uganda, Nigeria, Guinea, Burkina Faso, North Africa, Financing in early stage and growth $1 $10M. These two professionalization and capacity building programs help you support innovative start-ups. It is for this reason that AFD and PROPARCO combine financing, resources and their expertise to support African entrepreneurs and their entrepreneurial ecosystems. Startups raised $4.6 billion in 2021 itself a record year. However, African startups maintained their upward trend despite this slowdown. Sponsored Short Courses for Developing Countries 2025 The report's headline findings: - Companies raised $91m in Q1 of 2022, a staggering 1,668% YoY increase from Q1 of the previous year; - When comparing Q1 2021 vs Q1 2022, venture funding for African blockchain startups far outpaces the growth seen in general African venture funding - 1,668% vs 149% - showing 11 times the level of growth on a YoY basis; - Africa is the fastest adopting crypto continent globally, yet it has only a 0.5% share of total global blockchain venture funding, which stands at $25.2bn; - African blockchain funding of $127m in all of 2021 is similar in size to a single blockchain mega-deal of which there were 59 globally. Adedayo Amzat (founder, Zedcrest Capital). Opportunity Desk India Funding Opportunities for Entrepreneurs 2025 Some African startups have been able to raise US$1 billion in the past five years. The money provided by angel investors and VCs will help the companies to scale their businesses. Along these lines, we identified at least seven companies that collectively raised over $25 million in seed funding in the past four months. Scholarship Position African Union Scholarships 2023 We invested more into Talk360 based on its strong progress in the South African market to date, as well as its potential in the rest of Africa. Seed funding for African startups can also be obtained through angel investors and VC funds. These advances sometimes improve existing systems, but, more often than not, they leapfrog the entire legacy system. Aside from closing 43 deals, it also increased its standard deal size to $500,000 from $125,000. They use African startup funding broke new records in 2022 reaching $4.8 billion, according to data from startup tracker, Africa: The Big Deal. Now, we aim to expand our portfolio of real-world commercial projects, with partners like French-based Plastic Odyssey, a global expedition that uses our Beetle on their ship to show people around the world how to add value to plastic pollution. Barbee said the GIIG Africa investment will be used to help the business finalise the Beetle reference design and ready to commence commercial production by December 2023, based on the insights acquired from these projects. This support and financing mechanism covers 45 African countries. It has invested in over 20 African startups including TalentQL, Indicina, Simpu, Julaya and Thndr from this fund. Deadline: 20-Sep-2022 Primate Conservation, Inc. will grant seed monies or provide matching grants for graduate students, qualified conservationists and primatologists to study rare and endangered primates and their conservation in their natural habitat [ more] DRK Foundation's Seed Funding of $300,000 for 3 years Deadline: Ongoing Innovative start-ups/SMEs (health, biotechnology, environment, etc. The findings demonstrate how nations and stakeholder capitalists are beginning to step in and embrace Africa's self-determining participation in the fourth industrial revolution. Flat6Labs, an Egyptian accelerator, comes in at sixth place among Africas top investors. Short Term Training Scholarship for Developing Countries 2024 . Short Course Scholarship for Developing Countries 2024 The goal of this accelerator is to invest in 100 startups from the African continent over the next four years. But were not just solving socio-economic issues: Were also offering micro-entrepreneurship and income generating opportunities to our growing network of agents across the country.. Subsidiary of @AFD_France/@AFD_en, @annesophieave @ChiefBenson2 @AFD_France With #ChooseAfrica, @AFD_France Group makes all its tools available to African start-ups, microenterprises and MSMEs to finance and assist them at the various stages of their development, particularly through local partners supported by the Group, more on: https://choose-africa.com/en/, La Directrice du dpartement Pilotage du Rseau de @Proparco, Myriam Brigui, prsente l'initiative #ChooseAfrica de soutien aux #startup et PME en #Afrique : "Depuis 2018, ce sont 120 M de financements qui ont t engags au bnfice des start-up/TPE/PME tunisiennes ", #COP27 : sur le fonds ARAF d'@Acumen que nous soutenons, via la facilit FISEA+ du Groupe @AFD_France qui fait partie de #ChooseAfrica. Opportunities Desk From 55 startups successfully funded in 2015 to 359 in 2020, Africa appears to be at the dawn of a startup revolution, with the ecosystem growing at a 46% annual rate, which is six times faster than the global average, according to BCG. AFD works with 4 partners that are experts in supporting and financing digital innovation in Africa: the consortium made up of the African Business Angels Network (ABAN) and AfriLabs, the Greentec Capital Africa Foundation, the association Entrepreneurs & Dveloppement, which draws on the capacities of the Investisseurs & Partenaires group, and the Mercy Corps Europe Suguba consortium. Opportunities for Nigerians Your email address will not be published. World Bank Short Courses for Developing Countries We are also excited to work with Plastics Pirate in Australia, who are already using our technology to clean up plastic pollution threatening the Great Barrier Reef.. These grants are applicable to not just already existing business owners alone but individuals with innovative business ideas. In addition to being sports fans, the founding team has a decade-long association with startups and now unicorns Flipkart and Udaan. As a result, global startup funding was slow. Most notable in the report is the evidence of the brilliant mindset, energy, and tech capability of the many great founders who are leading the African blockchain revolution in a manner that is exemplary to the rest of the world. Africa Startup Initiative Program (ASIP) 2023 for African tech startups. So, if you haven't yet started to apply, here is a good place to start learning about them. The current market conditions have also seen startups such as Swvl, Vezeeta and Wave conduct layoffs. Your email address will not be published. The fund says it expects the negative impact on venture funding to accelerate in the second half of this year as global investors revert to pre-COVID investment deployment levels, taking months to close deals and focusing on backing startups with strong unit economics. They are often riddled with inefficiencies and red tape in the cases where they exist. Opportunities for Entrepreneurs 2024 developing Countries Scholarships Kenya: Call for Applications for Startup Grants Ronaldo v Messi: the last dance in Saudi Arabia or a fresh start? Seed Funding for African Startups 2024 Based on the results of the period to prepare the support, the Foundation will be able to allocate a loan to start-ups whose repayment potential has been validated. Intensive support for managers for growth management. Business Grants For African Entrepreneurs & Startups Step in and embrace Africa 's self-determining participation in the cases where they exist are riddled! 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