Mentorship request:
Mentor for An Incubator in Africa

Problem

Nigeria Startup Incubator, ASIN5 (Africa Service Incubator) is utilising partnerships with service providers to incubate and invest in entrepreneurs in the country.
ASIN5 is a pre-seed incubator that help prepare startups for success and growth. Through our ground-breaking model of service incubation, we help startup get started without the hassle of raising pre-seed funding while focusing on building and validating their MVP.
ASIN5 runs a six-month virtual incubation programme for startups, with a total of $333k in three rounds of funding within 3 – 12 months, working with a network of Angel Investors, VCs, Incubators and Accelerators.
The funding are in these 3 stages;
Pre-Seed Stage with $3k investment for conceptualizing and visualizing the idea, a 5% equity is given out at this stage;
Seed Stage with $30k investment to help develop the MVP, move to market and gain some traction with 10% given out at this stage;
Growth Stage with $300k-$1.5m investment (with a valuation of $2m)

Request

ASIN5 is a pre-seed incubator that help prepare startups for success and growth. We need mentors that can help in the areas of;
– Finance
– Legal
– Human Resources
– Sales &Marketing
– Brand & Strategy
– Media
– Software Development
– Growth Hacking

Asked on January 3, 2018

Accepted Mentors:


 
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