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Africa & Middle East Seed Challenge Up to €150k per investment in 7 African and Middle-East

Africa & Middle East Seed Challenge Up to €150k per investment in 7 African and Middle-East

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mina7 blog

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OPPORTUNITY DETAILS

Total reward
0 $
Scientific organisation
Area
Deadline
18 Jul 2020
Study level
Opportunity type
Opportunity funding
Full funding
Eligible Countries
This opportunity is destined for all countries
Eligible Region
All Regions

If you’re building a groundbreaking business and want to scale on your market, and beyond, we want to hear from you now!

Orange Ventures Africa Middle & East is a dedicated investment stream of Orange group on the African Middle & East continent with 50m€ assets under management and 5 companies in the current portfolio.
We are looking to extend our scope to supporting more young and innovative businesses on the continent. Africa Middle & East Seed Challenge is a call for candidates to submit an application for seed investments from 50k€ up to 150k€. The investees will be announced by September 2020 and will integrate the Orange VenturesAfrica Middle & East portfolio. Do you think you have what it takes?

Eligible country: 

A winner per country in:

Cameroon, Egypt, Ivory Coast, Jordan, Morocco, Senegal, Tunisia

Benefits:

Funding
From €50K to €150K funding, convertible note with standards terms

Connection
12 months local mentor to support your business

Application deadline June 26th

Investees announced on September 2020
(date to be confirmed due to COVID-19 crisis)

 

At Orange Ventures, we’ll lead your first money or co-invest alongside othersin your seed round. So if

  • You have a bold vision with a passion for disruption and expansion
  • You are willing to partner with Orange
  • You are a tech-driven start-up
  • You are mainly operating in Cameroon, Côte d’Ivoire, Egypt, Sénégal, Tunisia, Morocco and Jordan
  • You run Seed-stage company, you have not raised more than €1m in total equity funding

Important dates: 

Online Submission:
From June 1st to June 26th
(date to be confirmed) Fill out the form online, share your investor deck, excel, and 3 minute pitch (video)

Pre-selection
1 or 2interviews with Orange Ventures team

Selection
2 weeks of due diligence

Investment

Apply to the Africa Middle & East SeedChallenge

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