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Japanese VC & Kazana To Invest USD 100 M In Ethiopian Startups
Japanese VC & Kazana To Invest USD 100 M In Ethiopian Startups

The Tokyo-based venture capital firm Inclusion Japan (ICJ) in partnership with the early-stage startup investor Kazana Fund, is set to fund startups in Ethiopia allocating USD 100 M. The two companies are calling on Ethiopian startups with pitch-ready ideas looking to secure significant capital funds, to take advantage of its upcoming exclusive event with an opportunity to secure capital ranging from USD 100 K to USD 500 K.

Local startups applying for the opportunity will have the chance to meet and discuss with senior executives from ICJ and Kazana Fund, where they can pitch their ideas as well as have a chance to become one of the eight startup businesses to receive a 100,000-birr prize along with the prospect of future investment from ICJ for a winning pitch.

Teams wishing to meet with ICJ and Kazan Fund are required to send a PITCH video no longer than 10 minutes until the 23rd of January 2023 via [email protected] The 10 minutes long PITCH video should include the following elements; the Problem, Solution, Business Model, Market, Competitors, Competitive Advantage, Business Plan, and the Team.

To date, ICJ has invested in 16 startups under their ICJ No. 2 Fund. The venture capital firm started its operations in Africa with its first investments being in Ethiopian-based startups.