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LAGOS STARTUP DEALDAY Q1 2016

LAGOS STARTUP DEALDAY Q1 2016

A quarterly pitch event run by the Lagos Angel Network

Application period:

Application period closed
March 15, 2016
March 1 - March 31, 2016

what is lagos startup dealday?

A pitch event run by the Lagos Angel Network (LAN). Lagos StartUp DealDays will run quarterly, and the first event will take place on the evening of Thursday, March 31st.
Lagos StartUp DealDay will bring LAN members, other angel investors and Lagos startup ecosystem players together at an event where the very best startup ventures (across sectors) are guaranteed funding. Each participating investment syndicate will deploy a minimum of N5 million on the day.
Using Lagos StartUp DealDays as a springboard, LAN expects to raise N100 million from its members and the early stage investment community at large for Lagos startups during 2016.
Partners for the event include VC4Africa, TechCabal, the Africa Business Angel Network (ABAN), Lagos based hubs, incubators and accelerators. Branding and promotional material by Akanka.

Information for Startups

Applications closed on Tuesday, March 15th.
Interested startups were invited to apply using an online form. They were asked to make sure they had a venture profile published on the VC4Africa platform with their most recent pitch deck attached. Video pitches were encouraged but not required (no more than 60-90 seconds long).
Applications without a venture profile and pitch materials will be automatically excluded.
Shortlisted startups will be announced/contacted on March 21st, and entrepreneurs will be invited to make formal pitches at the Lagos StartUp DealDay on March 31st. Pitches will be delivered to a small, closed panel of investors.
Technical issues: please contact VC4A here.

Selection criteria:

  • N5-25m funding requirement
  • Stage: early customer/revenue, post concept/prototype

INFORMATION FOR INVESTORS

Interested investors will be required to set up a Pro Account with VC4Africa. Initial pitch decks, video pitches and other startup information will be available via the VC4Africa platform in the run up to the event.
Interested angel investors/syndicates should contact the LAN Secretariat by email at secretariat@lagosangelnetwork.net for more information on how to register.
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About LAN

The Lagos Angel Network is the premier angel network in Nigeria and one of the most active in Africa. Founded in 2014, LAN with foremost Nigerian investor, Dotun Sulaiman as Chairman and Tomi Davies, Collins Onuegbu, Tokunboh Ishmael, Dipo Adebo, Segun Olukoya and David Richards as board members, is helping to create a network of business angels that put startup funding and mentoring into early-stage ventures in Lagos, Nigeria. Since its creation, LAN members have invested in over a dozen Lagos startups.
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