Lagos StartUp DealDay brings together Lagos Angel Network (LAN) members, other angel investors and Lagos startup ecosystem players in a process where the most worthy startup ventures (in target sectors) are guaranteed funding.
As an investment vehicle, Lagos StartUp DealDay raised over N100 million from LAN members and the early stage investment community for Lagos startups during 2016. LAN partners for the DealDay are VC4A, the Africa Business Angel Network (ABAN), Lagos tech hubs, incubators and accelerators.
Who can apply?
Qualified startups are invited to apply and make sure they have a venture profile published on the VC4Africa platform with their most recent pitch deck attached before the deadline. The more information provided (Commercial, Legal & Financial), the better your chances. Video pitches (no more than 60-90 seconds long) by the team, customers and investors are encouraged but not required.
Qualification criteria:
N50-100m funding requirement
Post-revenue stage (i.e. existing customers)
In operation for >2 years and Incorporated with CAC in Nigeria
Full Time Leadership Team
Shortlisted startups will be contacted/announced on March 20th and entrepreneurs from the shortlist will be invited to make formal pitches at the Lagos StartUp DealDay pitch event on Wednesday March 24th. Pitches will be delivered to a small, closed panel of Angel investors.
Applications close on Friday, February 24th apply now.
