Savannah
Fund launched at Pivot East in Nairobi in
June, a $10M fund dedicated to early stage technology entrepreneurs in the mobile and web
space with backing from Silicon Valley and local participation. The fund
resides in Nairobi but will be looking for strong tech businesses across Africa
including. Tanzania.
Savannah Fund will be having an Information Session on the 23rd of August from 6pm at KINU. In this session the Managing Partner, Mbwana Alliy, will go over the objectives of the fund and the type of entrepreneurs and companies they expect to back and believe would be a good fit.
Savannah Fund will be having an Information Session on the 23rd of August from 6pm at KINU. In this session the Managing Partner, Mbwana Alliy, will go over the objectives of the fund and the type of entrepreneurs and companies they expect to back and believe would be a good fit.
Specifics
topics to be covered:
Mbwana
@Mbwana
Founder/Managing Partner @savannahfund | @io alumni | Stanford MBA & Ex-PM for Excel, BI/Data | Blogger @afrinnovator | Photography @mbwanaphoto | Tanzanian
The
Accelerator
Overview
of the accelerator, with the first class applications now due by 31st August www.savannah.vc/accelerator and inaugural class to
start in late September and what to expect from the 3 month program
What
we look for in applicants of the accelerator and how do you know whether you
should apply or not?
What
to expect during the interview process. Yes, we even have a coding test… (We
are serious)
How
will the mentoring process work and what you can expect to get out of the
program.
How
do Savannah Fund treats applications to the accelerator.
Confidentiality,
NDAs, assurances etc.
Hint: Savannah Fund Savannah
Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in
early stage high growth technology (web and mobile) startups in sub-Saharan
Africa. Initially focused on East Africa, the fund aims to bridge the early
stage/angel and venture capital investment gap that currently exists in Africa
The
Fund
Is
Savannah Fund an angel fund or VC? What is the difference?
What
sort of companies we look for that are funded outside the accelerator.
Criteria
for follow on funding for graduates of the accelerator
What
kind of terms of investment can one expect from the Savannah Fund?
Aspects
of your company you should have in order and resources to help you?
How
Savannah Fund can add value to your company as an investor and partner.