POSSIBLE WAYS TO GET FUNDING FOR YOUR TECH STARTUP- PART 2
Sequel to the piece we put up yesterday about raising funds for your tech startup, we have put together more viable ways that will help you do so. We hope that with them, you have multiple options to explore to get the desired raise that your business needs for that mega leap. Let’s dig into them below:
VENTURE CAPITAL.
Venture capital is a form of private equity financing that is provided by venture capital firms or funds to start-ups, early-stage, and emerging companies that have been deemed to have high-profit potential or that have demonstrated high growth.
GOING BEYOND FUNDING A STARTUP.
The benefits of getting a fund from a venture capital firm goes being funded. It also includes being provided with important business advice and a strong pool of network, bringing on venture capital helps your startup manage the kinds of risks that are inherent in a tech startup, you also enjoy collaborative opportunities with industry experts and so much more.
A LIST OF VENTURE CAPITAL FIRMS ROOTING FOR AFRICAN BUSINESSES.
- Adlevo Capital
- Chandaria Capital
- Chanzo Capital
- Convergence Capital
- Enza Capital
- Enygma Ventures
- IDF Capital and the list goes on and on and on!
CROWD FUNDING.
Just the way we all know the literal meaning of crowdfunding to be, it is when a ‘crowd’ funds a project or a business rather than just one or two major investors. For a successful crowdfunding to happen, there is need to convince investors that your tech startp or business is worthy of their investment efforts.
3 CROWDFUNDING SITES FOR AN AFRICAN TECH STARTUP.
The goal of the platform is to connect startups and SMEs to potential investors via their websites.
They are dedicated to providing seed for women, girls and disable-led campaigns.
They provide funding, training and mentorship for African entrepreneurs.
Click here to read related stories on how you can raise the desired fund that your business needs.
