Otega O
TechInAfrica – A huge opportunity is here again for startups in Africa, and TechInAfrica is on the ground to bring you the report, as always.
The opportunity is from Aptive Capital, a United States investor. Aptive is seeking to invest the sum of US$10K each in five startups. There will be a pitching competition, and startups that come out tops will receive the funds. The investment program was launched to bridge the funding gap created by the COVID-19 pandemic.
When is the application closing?
The application is already ongoing and closes on June 10. However, you can apply here.
Who can apply?
Are you an entrepreneur or innovator whose startup is focused on social impact? You are the one Aptive Capital wants!
Startups that are to be considered for this program are those from the following regions; Nigeria, Kenya, Ghana, South Africa, Ethiopia, and Egypt. The startup must also be a revenue-generating one or business seeking funding or those with the minimum viable product (MVP).
Applicants must have a team consisting of at least two founders and be fully ready to scale.
Another thing is that applicants seeking entry into the contest has to create a 30 – 60 seconds video. The video should contain an introduction of the business, the problem it’s established to solve, the solution it offers, and social impact it would have on the community where it is operating.
