Uncap, an award-winning platform that aims to give African entrepreneurs access to early-stage investment, is inviting startup companies to submit applications for the opportunity to obtain early-stage funding that ranges between 10,000 EUR and 50,000 EUR.
All founders are welcome to apply, not just those in the technology industry. According to Uncap’s “do-no-harm” philosophy, no investments are made in organizations or people who cause harm to people or the environment.
The application procedure for Uncap is entirely online and focuses on evaluating a founder’s capacity to scale and grow a successful company analytically.
Pitch decks are not necessary, and no collateral is needed. Uncap uses a data-based screening approach to determine which companies to invest in.
Benefits of the Program
Early-stage funding for startups that ranges from €10,000 to €50,000 is available.
Eligibility
- Applicants must be registered as limited companies based in Kenya, Uganda, Rwanda, or Nigeria.
- Have at least 12 months of revenue traction, have well-kept records of business operations, and a scalable
- business model.
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How to Apply:
Applications are made online through the Uncap portal where founders complete a series of questions and assessments.
For more info visit UNCAP Website
Applications close on 16th September, 2022