There is a growing interest in funding for African tech startups, as the continent's startup ecosystem continues to grow and mature. Fintech start-ups that have well-developed infrastructure are better equipped to attract seed capital. As infrastructure is critical to continual achievement & sustainability, venture capitalists prioritize the presence of defined infrastructure when making investments. Networks play an important role as well. In order to find their dream investors, start-ups must attend seminars and build connections. It is important for venture capitalists to understand whether they are making a good investment. Furthermore, entrepreneurs must demonstrate credibility in their business model, future goals, and implementation of strategies in order to convince them. With Blaq Ventures, Africa's leading tech institutional investor, you can transform and elevate your business. Get pre-seed funding, comprehensive business mentorship, and strategic support from one of the leading venture capital firms for tech start-ups. Launch your business sky-high and experience incremental growth alongside dedicated mentoring programs, be prepared to get seed funding and have access to follow-on funding. You can get funding for tech startups in Africa through a venture capital firm. Blaq Ventures is interested in promoting entrepreneurship and innovation, it provides pre-seed funding, mentorship, and strategic connections. We extend holistic support with pre-seed funding, a 9-month mentorship program, and follow up with $300K to $1M injections in subsequent funding stages.
Institutional Investor | Blaq Ventures
Crowdfunding help’s you grow bunch of investor from whom fund can be raised beyond long established circle of owners, relatives and venture capitalist for business venture.
The well known type of crowdfunding script is Kickstarter, Indiegogo and other websites.
A little well known variety of crowdfunding is, investor seeks returns for his or her funding to campaign.
In Equity-Based, entrepreneur gives part of company for money.
The crowdfunding platform generated an approximate $2.1 billion funding for startups in 2015.
Keeping users high-yielding approach, NCrypted Websites has ready made Crowdfunding software script for the entrepreneurs who want to kickstart their own business. The script software has many salient features with customization feature where client tells the requirements as per the targated audience and we satisfy our clientele. You can find your website clone or script under different business category at Websites Clone and we will draw your ideas or requirements into reality.
A funding body for budding/developing firms is known as VENTURE CAPITALIST.How can we build such a fund in India?Let’s check: Ensure the eligibility benchmarks:The initial step is to apply for the venture capital fund.The SEBI board checks all the norms and ensures whether the eligibility benchmarks are achieved t0 permit the “Venture Capital Fund”.The considering eligibility benchmarks are: For TRUST: should be registered properly under the registration Act provisions.For LLP:should be registered properly under the Limited Liability Partnership Act 2008.
For BODY CORPORATE: The VCF activities are handled by the Memorandum of company.Apply to SEBI Submit your application to SEBI through appropriately filled, numbered, duly signed and stamped Form A, along with the required documents.An application fees of Rs.1 lakh should be submitted through bank draft.Online application are also acceptable under the specified rules.
Application status Review If the board approves the application,then the approval will be informed to the applicant.Compliance for applicant/sponsor/managerThere should not be any offence charged against the Director or any prime individual for moral turpitude or they must not be part of any lawsuit connected with the share bazaar which will affect the business.VFC should be efficient and effective to handle the operations.A clear report of the investing purpose,aimed investors,proposed body,investment structure,and details of fund return should be submitted at the registration time.The individuals under the Schedule II of SEBI Regulations are only acceptable.Registration fee payment:After the SEBI approval,an amount of Rs 10 lakh must be released as mentioned in Part A of the Second Schedule as per mentioned in the Part B in considering the Securities and Exchange Board of India.
Issuing Registration Certificate:After the payment the SEBI will issue the certificate as ‘Venture Capital Fund’ in Form B.
Compliance filing:After registration, monitor the SEBI website regularly,to know the instant VCF updates.If any material change occurs,inform the SEBI instantly.VENTURE SCHEME for FARMERSVenture Scheme for farmers is an interest free loan from SFAC (Small Farmers’ Agri-Business Consortium - society for farming, collaboration and farmers welfare, ministry of farming ).Government of India are already facing many financial shortages so venture scheme will be a relaxation.The need for Venture Scheme in Agriculture is that:To financially support agripreneurs to make reserves in setting agroindustry ideas.Set up interest free credit to the start-up.Eligible Applicants for Venture CapitalCompany/ AgripreneursPartnership or proprietary firmsFarmersUnits in agri-export regionsSelf-help groupsProducer assembliesRequired Documents: Request a letter to the Chief management of SFAC(Small Farmer’s Agri-Business Consortium )by the promoter.Authority approved sanction note,addressed to specific departments.An agreement supporting farmer’s list/backward linkage.A bank's permission note signed by the authorised authority mentioning the terms of sanction of term loan.
A Bank’s acknowledgement assuring, they will not absolve any primary or collateral security without the venture capitalist acknowledgement.
Video streaming is one of the most trending concepts in the current time.
Apart from the video quality enhancements, one of the key developments that also forms the foundation of streaming is video streaming protocols.If you are able to view a web series on your device, be thankful for the video stream protocol.
It also decides how data is transmitted between two or more entities of a system.The contents of a communication technologies are:Syntax: It is defined as the structure and format of the data.
Some of the major networking protocols are:HTTP: HyperText Transfer ProtocolFTP: File Transfer ProtocolEmail Protocols: POP3, IMAP, SMTP, etc.TCP: Transmission Control ProtocolUDP: User Datagram ProtocolRTSP vs. RTMPVideo Streaming ProtocolsThe basic definition of a streaming protocol is an entity that is used to deliver data over the internet, no matter the streaming types, audio, or video.On the other hand, a video stream protocol is a standardized method of delivering video content to the users.
Video delivery does not just rely on one type of protocol; there are various aspects in a video that depend on different protocols like:Streaming protocols like RTMP and RTSP help in speedy video delivery.
The HTTP based protocols sit on top of the TCP protocol that helps in maintaining sessions between the communication devices.
For instance, 3air is championing this drive with the K3 Lastmile technology, a broadband infrastructure that can provide an internet speed of 1 Gbps.The Lastmile technology, first deployed in Sierra Leone in 2019, has been successful and compared to what is currently available in Africa, sets the continent to become a league of its own.Moreover, through the Cardano blockchain, users will access 3air’s broadband-based internet services hassle-free and at a pocket-friendly cost.How Blockchain Telecom Can Impact the Economy of Developing CountriesBlockchain telecom has direct impacts on key sectors of Africa's economy, especially because stable internet connectivity is paramount in today’s world.
Here are practical ways developing countries can benefit from the service offerings of blockchain internet providers:FinTech and BankingAbout 57% of the adult population in Africa lacks any form of bank accounts.
That makes Africa a viable destination for over 576 Financial Technology (FinTech) startups headquartered on the continent, whose goal is to promote accessible payment services, financial inclusion, and convenient alternatives to traditional banking.However, the major limitation to the growth and adoption of FinTech in developing countries is the lack of sustainable and affordable internet access.
Even with Africa’s impressive mobile phone market growth, FinTech companies are having a hard time onboarding customers due to epileptic and expensive internet costs.The emergence of the blockchain telecom market directly addresses the issues of high internet rates and poor internet speed, making it possible for more persons to gain financial inclusion through accessing online banking services in the region.Small Business and eCommerceIn 2019, Africa’s biggest eCommerce company, Jumia, became the first African startup to list on the New York Stock Exchange (NYSE), charting a new course for the African eCommerce ecosystem.
With an annual growth of 20%, the nation would spend $11.16 billion between 2022 and 2026.While funding seems to be the predominant issue plaguing the nation’s healthcare system, the poor infrastructure and services of the existing internet providers in Nigeria play a major role in hindering innovation and growth in the healthcare industry.For instance, Nigeria and most African countries are not yet in tune with the Internet of Medical Things (IoMT) revolution.
IoMT, which involves remote diagnostics, remote monitoring, and remote robotic surgical procedures, could save the region a great percentage of funds spent on medical tourism.As amazing as the technologies behind IoMT may be, they are heavily dependent on stable high-speed internet servicesㅡwhich no internet provider in Nigeria offers currentlyㅡemphasizing the need for blockchain telecom services.Education and Remote LearningAfrica has over 34 million out-of-school children within the primary education age bracket.
Chances are, you’ll need some sort of capital to introduce new products or services, expand into new markets, hire or contract additional help, expand your facilities, or purchase new equipment and machinery.Venture capital can be a practical financing asset for either a beginning up or a going business, as a trade-off for their high danger speculation, a Venture capital firm normally gets a huge bit of organization value, with going with power over organization choices.
It also eliminates debt payments and provides founders with advice and guidance.Since Venture capitalists have a responsibility to realize certain returns for the firm or fund, they need scalable and cash-flow positive companies with proven and scalable products and businesses.
If your company satisfies these requirements, you'll apply for an investment with a VC firm.
They have knowledgeable responsibility to scale back risk the maximum amount as possible.An investment by a risk capital group is usually seen as an endorsement of your company's management and future prospects.
A VC firm also will help open doors to new business, strategic alliances and company partnering, and may assist you find top quality directors et al.
They have high expectations for growth and performance, and aren't reluctant to vary the management of 1 of their portfolio companies if they believe it's necessary.Expand your business with Challis Capital.
How do you raise funds for your startup business?Investors look for many things before funding a brand new venture.
How strong the business model, expansion, and expenditure plans are and how investors will receive their return matter the most to attract funds.Many things are intimidating young entrepreneurs in raising finance for their startups.
We have explained the 5 most common funding trials in the below post to help entrepreneurs find adequate funding for their new venture.
Technology is deeply woven into our daily lives, creating opportunities for digital start-ups with the right idea and the necessary skills to take on the challenge of starting their own company.
For motivated entrepreneurs, love and passion for technology can open up a whole universe of possibilities and prospects.Tech start-up business ideas, like other start-up ideas, usually involve identifying a problem and developing a technologically innovative solution.
The new digital business starting ideas for 2021 are moving quickly and enthusiastically toward stability.
New prospects are knocking on the door; many enterprises are expanding, and start-ups are once again fashionable.All of the tech start-up ideas in 2021 can be fine-tuned based on your passion and the amount of money you have to invest.
1) Web Design2) Extended Reality3) Influencer Marketing4) Content Automation5) Artificial Intelligence
The 15-minute grocery delivery sensation.
UK-based hyperlocal grocery delivery startup Weezy raises £1 million in pre-seed funding from Heartcore Capital.
So, what does it take to launch a speedy grocery delivery app like Weezy?
Where has this startup stood apart from the rest of the apps out there?
Crowdfunding help’s you grow bunch of investor from whom fund can be raised beyond long established circle of owners, relatives and venture capitalist for business venture.
The well known type of crowdfunding script is Kickstarter, Indiegogo and other websites.
A little well known variety of crowdfunding is, investor seeks returns for his or her funding to campaign.
In Equity-Based, entrepreneur gives part of company for money.
The crowdfunding platform generated an approximate $2.1 billion funding for startups in 2015.
Keeping users high-yielding approach, NCrypted Websites has ready made Crowdfunding software script for the entrepreneurs who want to kickstart their own business. The script software has many salient features with customization feature where client tells the requirements as per the targated audience and we satisfy our clientele. You can find your website clone or script under different business category at Websites Clone and we will draw your ideas or requirements into reality.
A funding body for budding/developing firms is known as VENTURE CAPITALIST.How can we build such a fund in India?Let’s check: Ensure the eligibility benchmarks:The initial step is to apply for the venture capital fund.The SEBI board checks all the norms and ensures whether the eligibility benchmarks are achieved t0 permit the “Venture Capital Fund”.The considering eligibility benchmarks are: For TRUST: should be registered properly under the registration Act provisions.For LLP:should be registered properly under the Limited Liability Partnership Act 2008.
For BODY CORPORATE: The VCF activities are handled by the Memorandum of company.Apply to SEBI Submit your application to SEBI through appropriately filled, numbered, duly signed and stamped Form A, along with the required documents.An application fees of Rs.1 lakh should be submitted through bank draft.Online application are also acceptable under the specified rules.
Application status Review If the board approves the application,then the approval will be informed to the applicant.Compliance for applicant/sponsor/managerThere should not be any offence charged against the Director or any prime individual for moral turpitude or they must not be part of any lawsuit connected with the share bazaar which will affect the business.VFC should be efficient and effective to handle the operations.A clear report of the investing purpose,aimed investors,proposed body,investment structure,and details of fund return should be submitted at the registration time.The individuals under the Schedule II of SEBI Regulations are only acceptable.Registration fee payment:After the SEBI approval,an amount of Rs 10 lakh must be released as mentioned in Part A of the Second Schedule as per mentioned in the Part B in considering the Securities and Exchange Board of India.
Issuing Registration Certificate:After the payment the SEBI will issue the certificate as ‘Venture Capital Fund’ in Form B.
Compliance filing:After registration, monitor the SEBI website regularly,to know the instant VCF updates.If any material change occurs,inform the SEBI instantly.VENTURE SCHEME for FARMERSVenture Scheme for farmers is an interest free loan from SFAC (Small Farmers’ Agri-Business Consortium - society for farming, collaboration and farmers welfare, ministry of farming ).Government of India are already facing many financial shortages so venture scheme will be a relaxation.The need for Venture Scheme in Agriculture is that:To financially support agripreneurs to make reserves in setting agroindustry ideas.Set up interest free credit to the start-up.Eligible Applicants for Venture CapitalCompany/ AgripreneursPartnership or proprietary firmsFarmersUnits in agri-export regionsSelf-help groupsProducer assembliesRequired Documents: Request a letter to the Chief management of SFAC(Small Farmer’s Agri-Business Consortium )by the promoter.Authority approved sanction note,addressed to specific departments.An agreement supporting farmer’s list/backward linkage.A bank's permission note signed by the authorised authority mentioning the terms of sanction of term loan.
A Bank’s acknowledgement assuring, they will not absolve any primary or collateral security without the venture capitalist acknowledgement.
Technology is deeply woven into our daily lives, creating opportunities for digital start-ups with the right idea and the necessary skills to take on the challenge of starting their own company.
For motivated entrepreneurs, love and passion for technology can open up a whole universe of possibilities and prospects.Tech start-up business ideas, like other start-up ideas, usually involve identifying a problem and developing a technologically innovative solution.
The new digital business starting ideas for 2021 are moving quickly and enthusiastically toward stability.
New prospects are knocking on the door; many enterprises are expanding, and start-ups are once again fashionable.All of the tech start-up ideas in 2021 can be fine-tuned based on your passion and the amount of money you have to invest.
1) Web Design2) Extended Reality3) Influencer Marketing4) Content Automation5) Artificial Intelligence
Video streaming is one of the most trending concepts in the current time.
Apart from the video quality enhancements, one of the key developments that also forms the foundation of streaming is video streaming protocols.If you are able to view a web series on your device, be thankful for the video stream protocol.
It also decides how data is transmitted between two or more entities of a system.The contents of a communication technologies are:Syntax: It is defined as the structure and format of the data.
Some of the major networking protocols are:HTTP: HyperText Transfer ProtocolFTP: File Transfer ProtocolEmail Protocols: POP3, IMAP, SMTP, etc.TCP: Transmission Control ProtocolUDP: User Datagram ProtocolRTSP vs. RTMPVideo Streaming ProtocolsThe basic definition of a streaming protocol is an entity that is used to deliver data over the internet, no matter the streaming types, audio, or video.On the other hand, a video stream protocol is a standardized method of delivering video content to the users.
Video delivery does not just rely on one type of protocol; there are various aspects in a video that depend on different protocols like:Streaming protocols like RTMP and RTSP help in speedy video delivery.
The HTTP based protocols sit on top of the TCP protocol that helps in maintaining sessions between the communication devices.
For instance, 3air is championing this drive with the K3 Lastmile technology, a broadband infrastructure that can provide an internet speed of 1 Gbps.The Lastmile technology, first deployed in Sierra Leone in 2019, has been successful and compared to what is currently available in Africa, sets the continent to become a league of its own.Moreover, through the Cardano blockchain, users will access 3air’s broadband-based internet services hassle-free and at a pocket-friendly cost.How Blockchain Telecom Can Impact the Economy of Developing CountriesBlockchain telecom has direct impacts on key sectors of Africa's economy, especially because stable internet connectivity is paramount in today’s world.
Here are practical ways developing countries can benefit from the service offerings of blockchain internet providers:FinTech and BankingAbout 57% of the adult population in Africa lacks any form of bank accounts.
That makes Africa a viable destination for over 576 Financial Technology (FinTech) startups headquartered on the continent, whose goal is to promote accessible payment services, financial inclusion, and convenient alternatives to traditional banking.However, the major limitation to the growth and adoption of FinTech in developing countries is the lack of sustainable and affordable internet access.
Even with Africa’s impressive mobile phone market growth, FinTech companies are having a hard time onboarding customers due to epileptic and expensive internet costs.The emergence of the blockchain telecom market directly addresses the issues of high internet rates and poor internet speed, making it possible for more persons to gain financial inclusion through accessing online banking services in the region.Small Business and eCommerceIn 2019, Africa’s biggest eCommerce company, Jumia, became the first African startup to list on the New York Stock Exchange (NYSE), charting a new course for the African eCommerce ecosystem.
With an annual growth of 20%, the nation would spend $11.16 billion between 2022 and 2026.While funding seems to be the predominant issue plaguing the nation’s healthcare system, the poor infrastructure and services of the existing internet providers in Nigeria play a major role in hindering innovation and growth in the healthcare industry.For instance, Nigeria and most African countries are not yet in tune with the Internet of Medical Things (IoMT) revolution.
IoMT, which involves remote diagnostics, remote monitoring, and remote robotic surgical procedures, could save the region a great percentage of funds spent on medical tourism.As amazing as the technologies behind IoMT may be, they are heavily dependent on stable high-speed internet servicesㅡwhich no internet provider in Nigeria offers currentlyㅡemphasizing the need for blockchain telecom services.Education and Remote LearningAfrica has over 34 million out-of-school children within the primary education age bracket.
Chances are, you’ll need some sort of capital to introduce new products or services, expand into new markets, hire or contract additional help, expand your facilities, or purchase new equipment and machinery.Venture capital can be a practical financing asset for either a beginning up or a going business, as a trade-off for their high danger speculation, a Venture capital firm normally gets a huge bit of organization value, with going with power over organization choices.
It also eliminates debt payments and provides founders with advice and guidance.Since Venture capitalists have a responsibility to realize certain returns for the firm or fund, they need scalable and cash-flow positive companies with proven and scalable products and businesses.
If your company satisfies these requirements, you'll apply for an investment with a VC firm.
They have knowledgeable responsibility to scale back risk the maximum amount as possible.An investment by a risk capital group is usually seen as an endorsement of your company's management and future prospects.
A VC firm also will help open doors to new business, strategic alliances and company partnering, and may assist you find top quality directors et al.
They have high expectations for growth and performance, and aren't reluctant to vary the management of 1 of their portfolio companies if they believe it's necessary.Expand your business with Challis Capital.
The 15-minute grocery delivery sensation.
UK-based hyperlocal grocery delivery startup Weezy raises £1 million in pre-seed funding from Heartcore Capital.
So, what does it take to launch a speedy grocery delivery app like Weezy?
Where has this startup stood apart from the rest of the apps out there?
How do you raise funds for your startup business?Investors look for many things before funding a brand new venture.
How strong the business model, expansion, and expenditure plans are and how investors will receive their return matter the most to attract funds.Many things are intimidating young entrepreneurs in raising finance for their startups.
We have explained the 5 most common funding trials in the below post to help entrepreneurs find adequate funding for their new venture.