African Business Angel Network (ABAN) and other partners have unveiled plans to set up a South South and South East focused Angel Network that will provide seed funding for startups within the area.
In a conversation with Weetracker, it was told that the process will commence with an Angel Masterclass which will aid the emergence of the network which is aimed at educating the potential founding members of a South-South and South-East focused Angel Network.
The Masterclass will also serve as an opportunity for five deserving startup founders and teams from the South-South and South-East to pitch during the Angel Investment Masterclass to be held on April 13 & 14, 2018 in Port Harcourt, Nigeria.
Tomi Davies, Co-founder of Lagos Angel Network and President of African Business Angel Network (ABAN) – along with a clutch of others will be leading the investment panel that the five selected startups will pitch to.
This will be the first time the startup community members will be specifically interacting with a group of business savvy and experienced professionals hailing from different backgrounds with a focus on Angel Investing.
Eligible startups must be an existing business not more than two years old, having an experienced team and should have reached revenue stage. The startups may or may not have received investment before. According to the organisers, shortlisting will be done on a rolling basis with shortlisted startups being notified on or before April 10, 2018.
StartupSouth, a startup ecosystem development project, focused on the South-South and South-East, has partnered with Lagos Angel Network, Genesys Tech Hub, E&I, Vantage Business, OlotuSquare, Swiss International Mabisel Hotel, Focus Hub, #StartupArewa, DevEast, Havilah& Hills and VC4A.
How To Apply
Interested startups who meet the above given criteria, are encouraged to apply here.