Apply for the Japan-Africa Investment Drive investment accelerator for African Startups
The Japan-Africa Investment Drive is a funding accelerator that attempts to match high-potential African startups with qualified Japanese Venture Capitals and offer tight support to both the startup and the investor throughout the engagement to maximize the likelihood of investment.
Eligibility
The criteria for selection are as follows;
- B2B, B2C & B2B2C startups
- Have Minimum Viable Product (MVP) in place
- Have at least $5m valuation
- Post MVP
- Post Traction (minimum of $10k MRR) of the startup
- $500k investment and above
Program Benefits include:
- Possibility of direct investment
A direct investment from our partner venture capital firm Japan Strategic Capital (JSC) co. will be considered for 8 chosen startups.
- Warm welcomes
The over 15 Japanese VCs on the curated list will be exposed to the chosen startups. The investor engagement will also get close support, including meeting scheduling, pitch deck translation, and the provision of interpreters for investor meetings. - Support for fundraising Selected startups will receive extensive legal, cultural, and administrative assistance during the financing process. On how to attract and close Japanese investment, customized one-on-one training and group seminars will also be offered.
Program Timeline:
- December 19th: Applications closes, and the 8 startups are selected.
- Investment accelerator: Defining investment fit
- Pitch refinement – Intro to Japanese venture space
- January 31st 2023: Demo day
Visit the Official Webpage of the Japan-Africa Investment Drive investment accelerator. Application closes: December 19th, 2022
