VC4A has added a Seed category to the 2020 Venture Showcase and is reinstating its call for 10 African startups interested in raising between $150K and $1M to bolster their operations.
VC4A, in collaboration with technical partner AWS Activate and network partners Afrilabs and ABAN, says the Seed ventures will be put into two different buckets: those seeking to raise less than $350K and those looking to raise more than $350K.
TechMoran.com had earlier announced that the 10 selected startups will participate in the VC4A Venture Showcase deal room, including 150+ early-stage investment firms. They will have a professional edited 3-minute virtual pitch videos, a 30-minute deep-dive sessions with investors in a private room and mentorship and pitch training by early-stage investor organizations. They will also get Amazon Web Services credits from AWS Activate worth $10,000, as well as tools, resources, and more to get started quickly on AWS.
With this Seed track, VC4A rallies resources and funding for a new generation of startups coming up across the continent. Entrepreneurs are encouraged to apply before 11 September and investors to refer innovative ventures to Thomas van Halen thomas[at]vc4a[dot]com.
Set to hold in November this year, the ‘VC4A Venture Showcase – Seed’ track is an exclusive opportunity for selected entrepreneurs to introduce their companies at once to everyone interested in Africa’s early-stage investment space.
Since 2017, VC4A has showcased growth-stage startups as part of the annual Africa Early Stage Investor Summit, resulting in a number of Series A deals totaling over $100M. Building on this success, t
VC4A Seed track opens the door to up and coming companies looking to connect with leading investors active across the continent. The Seed track targets ventures with highly scalable business models demonstrating strong traction. VC4A puts a spotlight on the innovation coming up across the continent with the aim to capitalize the next generation of great African startups.