Tanzania Angel Investors Programme launches to train angel investors

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Serengeti Business Angels Network (SBAN) has launched the Tanzania Business Angel Investors Accelerator (TAA) training programme, aimed  to train angel investors.

This groundbreaking initiative, in collaboration with Serengeti Angels, Ennovate Ventures, and the support of United Nations Capital Development Fund (UNCDF) Tanzania and the European Union Tanzania, will equip 50 first-time angel investors with the knowledge, mentorship, and hands-on support they need to kickstart their angel investing journey.

“Tanzania has a vibrant startup ecosystem, but access to capital remains a major challenge,” said Rodrique Msechu, co-founder and network manager of SBAN. “The Tanzania Business Angels Accelerator programme will help to address this gap by training and supporting new angel investors. We are confident that the programme will play a vital role in boosting the growth of Tanzania’s startup ecosystem.”

TAA is equipping aspiring angel investors with the essential skills and knowledge required to make confident investments in startups.

It offers invaluable mentorship and hands-on guidance throughout the entire investment process, ensuring new angel investors are well-prepared for their first investment deal.

The Programme is targeting senior professionals and successful entrepreneurs in Tanzania and diaspora, sector experts with relevant network and resources with the ability to demonstrate a strong interest in angel investing, and ability to invest resources, time and expertise to growing the startup companies in Tanzania and beyond.

Participants are required to commit a minimum of $1,000 before final selection into the programme. The $1,000 commitment fee will be initial investment capital for the angel investor to participate in their first deal through the programme

Among the benefits of joining the Accelerator,the participants will gain  angel Investing Knowledge,become competent in deal sourcing, due diligence, negotiation, deal structuring and portfolio management as well as hands on mentorship.