Home Call for Applications Japan-Africa Investment Drive investment accelerator 2023 for African Startups

Japan-Africa Investment Drive investment accelerator 2023 for African Startups

by OFA

Application Deadline: December 19th, 2022

The Japan-Africa Investment Drive is a cohort-based investment accelerator that aims to “clinically” match high-potential African startups with suitable Japanese VCs and provide close support to both the startup and the investor throughout the engagement to maximize the prospect of investment.

Eligibility Criteria

Startups that meet the following criteria can apply;

  • B2B, B2C & B2B2C
  • Have a Minimum Viable Product (MVP)
  • At least $5m valuation at least
  • Post MVP
  • Post Traction (minimum of $10k MRR)
  • Looking for $500k investment and above

Please note that selection does not guarantee investment

Benefits

1. Potential direct Investment

8 selected startups will be considered for direct investment from our partner venture capital firm Japan strategic Capital (JSC) co.,

2. Warm intros 

Selected startups will be introduced to a curated list of more than 15 Japanese VCs. Close support will also be provided during the engagement with investors, from scheduling meetings to translating pitch decks and proving translators during meetings with the investor.

3. Fundraising support

Selected startups will be provided with comprehensive legal, cultural and administrative support throughout the fundraising process. Tailored (1-on-1) training and group seminars will also be provided on how to attract and close Japanese investment.

Timeline:

  • December 19th 2022: Applications closes, and 8 startups are selected. 
  • Investment accelerator: Defining investment fit
  • Pitch refinement – Intro to Japanese venture space
  • January 31st 2023: Demo day 

For More Information:

Visit the Official Webpage of the Japan-Africa Investment Drive investment accelerator

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