Business News of Thursday, 14 February 2019

Source: Prince Akpah

$50k to $100k funding for startups launched by Ingressive Capital

Logo of Ingressive Capital Logo of Ingressive Capital

A leading provider of support for startups in Sub Saharan Africa (SSA), Ingressive Capital has launched its online application for early-stage founders based in SSA to access funding in 30 days or Less.

According to Maya Horgan Famodu, a leading partner of Ingressuce Capital, “Fundraising is difficult. We want to help the best and the brightest founders across Africa stay focused and keep building. We’re looking for great ideas built by solid teams. No matter where you are in Sub-Saharan Africa, apply. We’re looking for the best of the best, irrespective of who you know or where you’re based,”

To qualify for the funding, the following are noted as key requirements:

* You have launched your startup / have initial traction (i.e. money, users, etc.).

* You have a clear business model.

* You are a high growth technology business targeting a scalable market.

* You and your team are bright, hungry, and know your market better than anyone else.

* You are an early stage startup.

“We are looking for grinders. People who have an inclination to dream big and have real plans to actually get there,” says Yacob Berhane from Ingressive Capital.

Ingressive Capital is noted to be sector agnostic and if you are focused on a scalable market in Fintech or manufacturing tech; ISP or logistics; Oil & Gas tech or healthtech apply by using this link and get a decision in 30 days or less.

Some successful investments by Ingressive Capital include: Paystack, AwaBike and Tizeti, who recently raised significant Series A investments and more.

Applications can be done via: http://www.ingressivecapital.com/

Why Ingressive Capital?

In addition to being one of the few active seed stage VCs in the region, Ingressive Capital (IC) leverages their global network to assist with growth and scale. They plug startups in to new major clients, new investors, talent, and provide financial support.

Through IC’s network of limited partners (investors in their fund) including those who run Y Combinator, Techstars, and WTI and over 10 other top funds and accelerators, they help companies get follow-on funding from abroad.

Their sister company, Ingressive LLC,serves top international tech businesses and investment funds seeking to enter and operate across Sub-Saharan Africa, or support / acquire local startups. Ingressive LLC has served more than 50 global firms and investors who have gone on to make over 30 investments in the region. Ingressive LLC also holds a network of technical talent including 10,000 developers and designers.

This network is leveraged to support portfolio companies as well.

Ingressive Capital aims to be one of the first cheques in, and offers $50k to $100k cheques in early stage companies.

Apply now and receive an answer in 30 days or less regarding investment in your business.

For local support, regional representatives can be contacted via:

Maya Horgan Famodu (Instagram @mayanator)-- Nigeria

Yacob Berhane (LinkedIn Profile)-- Kenya

William Senyo (Twitter @WillSenyo)-- Ghana