The Offer Backroom Support to Raise $100k+ in investment for your startup*Founders will work with our network of pre-seed VCs to close a round of $100k+ with Betaraise providing: Support with Delaware incorporation Support with building complete data room for investor engagement Support with negotiating and managing the close of your pre-seed round with investors in the BetaRaise network *In the end, the uniqueness of the product, the founders’ commitment, and the capacity to excite investors will still be the key to closing a round. We will introduce you to our strong network of over 100 active investors in Africa, strongly vouch for you, and do our best to help get you to signed cheques Build your Team with BetaraiseBetaRaise will fill all the gaps in your senior team with our rockstar pool of pros at $0 cost. Do you have any of these 4 key roles missing in your team? CTO COO Business Development/Sales Lead CFO BetaRaise will provide experienced and highly qualified professionals to temporarily fill those gaps in your team as you work towards your pre-seed raise and will support you in hiring permanent replacements once you close a round. The goal is to help you present a strong team to help close your round. Tech support to complete product buildRoundup product build with in-house technical assistance or if you have a fully ready product, build a robust private and public beta rollout plan before you go live. We have a team of senior developers on retainer to help with all your product engineering needs ahead of product launch. If your tech team can’t crack a problem, they will step in. Support to close B2B deals pre-betaTap into BetaRaise commercial partnerships and relationships across key sectors to close B2B deals. Our team of sales professionals with extensive experience will help you navigate selling to key clients and negotiating deals for user acquisition VC4A Startup Academy CourseFill your knowledge gaps with extensive content from VC4A Startup Academy Course
Eligibility Criteria Sector: The first cohort is focused on providing services to ventures in:– Urban Food Systems– Mass-Market Distribution– Green Energy & E-Mobility– Gig Economy– Fintech Stage: Ideally a product ready for either a private or public beta launch. In some cases, we are happy to work with founders without a working product but must demonstrate a path to a working product with minimal work. There is some flexibility here. In the end, the founder’s profile, the strength of the idea, and the market opportunity will count. Country of Operation: Ghana. Revenue: No revenue expectations. Just a sound revenue model with strong assumptions. Team: Diversity within founding team members is encouraged.
Application FAQs When will BetaRaise applications open? Applications open on Tuesday, October 4th, 2022. When will BetaRaise applications close? Applications close on Tuesday, October 18th, 2022. When will BetaRaise officially kick off? You will receive official acceptance by Tuesday October 25th, 2022. The BetaRaise program officially kicks off on Monday, 31st October, 2022. How long will BetaRaise support me? BetaRaise support is over a 3-month period (October – January) with an option to extend. How many startups will be selected for the BetaRaise program? A total of 10 startups will be selected. What does the BetaRaise program entail? The BetaRaise program will feature a boot camp session, which focuses on equipping startups with skills relating to fundraising, negotiating valuations, and undertaking investor intros. There’ll be work-in sessions run concurrently between startups and their Venture Partners. Will there be information sessions? The BetaRaise team will hold two information sessions on the following dates: Tuesday, October 11th, 2022, and Friday, October 14th, 2022. Information Session 1: Please register to attend here Information Session 2: Please register to attend here What do I do if I want to contact the BetaRaise team? You can contact the team via email at accra@impacthub.net
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