Female-run or “female-empowering” startups in South Africa and Kenya have been invited to apply for RaiseReady, a seven-week programme that will help founders source, pitch, and close a deal with African angel investors, quicker and on fair terms.
Run by Viridian, an impact agency that designs and delivers programmes for early-stage entrepreneurs, investors and entrepreneur support organisations across Africa, RaiseReady is a short programme that will equip founders with the knowledge, confidence and tools to close an angel deal, and have their investment case introduced to active angels.
“We are not going to teach you how to pitch or refine your business model, we assume you have customers and market traction. This programme will help you walk the last mile of raising angel capital,” Viridian said.
The RaiseReady programme will help founders understand the full angel investment process, what to expect and prepare for at each stage, and how to successfully close a fair deal. It will help them determine a market-related valuation, and get their deal room ready for angels.
Participants will get feedback from an angel investor, while their investment case will be shared with active angels interested in their region or sector. They will also have the chance to present at the African Angel Academy’s showcases.
“This programme is for startups who have a customer-validated, scalable and competitive business model and believe they have a strong investment opportunity for angel investors,” Viridian said.
Applications for the seven-week programme, which begins at the end of May, are open here.
