Startups

Application For The 2nd Lagos DealDay Startup Now Open

The second quarter of the 2017 Lagos StartUp DealDay Challenge which brings together Lagos Angel Network (LAN) members, other angel investors and Lagos startup ecosystem players in a process where the most worthy startup ventures (in target sectors) are guaranteed funding is back.

Qualified startups are invited to apply and make sure they have a venture profile published on the VC4Africa platform with their most recent pitch deck attached before the deadline. The more information provided (Commercial, Legal & Financial),  the better your chances. Video pitches (no more than 60-90 seconds long) by the team, customers and investors are encouraged but not required. Applications without a venture profile and pitch materials will be automatically excluded.

Shortlisted startups will be contacted/announced on July 17th and entrepreneurs from the shortlist will be invited to make formal pitches at the Lagos StartUp DealDay pitch event on Friday, July 28th. Pitches will be delivered to a small, closed panel of Angel investors.

As an investment vehicle, Lagos StartUp DealDay raised over N100 million from LAN members and the early stage investment community for Lagos startups during 2016.

LAN partners for the DealDay are VC4A, the Africa Business Angel Network (ABAN), Lagos tech hubs, incubators and accelerators.

Qualification Criteria

  • N50m – N100m funding requirement
  • Post-revenue stage (i.e. existing customers)
  • In operation for >2 years and <5 years
  • Incorporated with CAC in Nigeria
  • Full-Time Leadership Team

Deadline

Applications close on Friday, June 23rd, 2017.

For more details and to apply, CLICK HERE

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