Aptive Capital Funding for Startups in Africa

Committed to building the next global unicorns, Aptive Capital is a United States-based $1 million portfolio fund. It is aimed at supporting entrepreneurs and innovators with a focus on social impact within their communities.

Launched in 2020 arising from the funding gap as a result of the pandemic, the fund is committed to supporting, coaching, and increasing the social impact of early-stage entrepreneurs and innovators who are changing the norm and creating social impact within their society.

Calling all early-stage startups in Africa; Nigeria, Ghana, Kenya, South Africa, Egypt, and Ethiopia!

Are you:

• A startup with an MVP or
• A revenue-generating startup/business with need for funds
• Ready to scale and deepen solution in a specific region
• Part of a team with at least 2 founders
• Seeking funding

You should apply before June 10, 2020, 23:59hours GMT+1

Application process:

• 25 Startups and Businesses will be invited for one on one Zoom pitch to better understand your model and team fit on a rolling basis from 1st June 2020
• 10 Selected Startups and businesses will make it for the finals
• 5 selected viable Startups and businesses will receive $10,000 Investment for equity each through a virtual pitch which will happen between June 15 and 19, 2020 (would be announced).

How to apply

1. Do 30-60 seconds video introducing your startup, the problem, and the solution you are providing as well as the social impact it has on your community.
2. Upload the video on Facebook or Twitter and tag @aptivecapital with hashtag #aptive #10kinvestment #Africa #mysolution
3. Ensure you are following this handles @aptivecapital and @onekioskafrica @benxpeter @ajadewumi to qualify

Deadline for Application is June 10, 2020, and applications will be reviewed on a rolling basis

Which innovations are we looking for?

You can apply if your innovation is listed in one of the following categories or technologies.

Categories

Digital storytelling, eLearning, Precision farming, Access to market, Access to finance, Digital payment, Supply chain management, Food delivery, Animal and crops health, Soil fertility, Logistic and transport, e-commerce, Gamification, Big data, Data analysis, Open data, Data protection, Data Security, Cybersecurity, Crowdsourcing, Building digital expertise for farmers (eSkills, eLiteracy)

Technologies

Internet of things, Big data analysis systems, SMS-services, Virtual /augmented reality, 3D-printer, Robotics, Apps programs, Database, Blockchain, Monitoring, Social media, Web platforms, GIS (Geo-Information Systems)/Mapping, Artificial intelligence (AI), Controlling systems, Digital learning software (eLearning system, MOOC platforms, open educational resources), Precision farming (chipcards, sensors, drones/ remote sensing system), Information-management systems (IMS)