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