COVID-19 is dominating the news and many industries have begun to see the ripple effects. As the virus spreads in Nigeria, we have observed a gap in the conversation about what startup founders and their teams could be doing to weather the storm and maximise their chances of surviving the fundamental shifts in economic and fundraising landscapes that are to come.
Through a collaborative effort from key players in the entrepreneurship ecosystem, our goal is to deliver trusted, vetted and purposeful, Africa-relevant resources to guide specific businesses and communities, including start-up founders, small business owners, solo entrepreneurs, and scaleup entrepreneurs as they steer their businesses through this crisis.
ALX is a global talent and leadership development platform that is part of the African Leadership Group (ALG), an ecosystem of entities with a vision to transform Africa by developing and connecting a new generation of ethical, entrepreneurial leaders. At ALX, our mission is to identify, develop, connect, and invest in the top 5% of professional talent globally. This is in line with our audacious mission at ALG to develop 3 million transformative leaders for Africa by 2035.
EchoVC is an early-stage VC firm investing in Africa-focused technology startups based in the US, EU and Africa. With a cross-functional team of twelve operating from offices in London, Lagos & Nairobi and a mission to be the Sequoia Capital of Africa, the firm seeks exceptional founders creating technology-enabled businesses that serve Africa and can expand to other underserved markets. We believe that startups that can profitably serve and impact a broad variety of African submarkets are uniquely equipped to ferociously compete and win in other markets.
Endeavor is a mission-driven, global organisation leading the high-impact entrepreneurship movement. Endeavor was founded on the belief that job creation, innovation, and overall prosperity flourish where there is robust support for high-impact entrepreneurs. To date, Endeavor has screened more than 60,000 individuals and selected more than 2,000 founders leading over 1,200 scale-up companies in nearly 40 growth markets. Endeavor launched its Nigeria office in 2018 to select and support the best founders of companies at the scale-up and growth stage, who recognise a responsibility to pay-it-forward and multiply their impact in Nigeria’s entrepreneurship ecosystem. Today there are 14 Endeavor Entrepreneurs leading 9 companies in our portfolio. Visit Endeavor’s global resource centre.
FATE Foundation is a non-profit private-sector led organization founded in March 2000 by Mr. Fola Adeola (Founder & Pioneer Managing Director/Chief Executive Officer, GTBank) to tackle the high rate of unemployment in Nigeria. FATE Foundation harnesses the strong entrepreneurial culture of Nigerians by providing the business incubation, growth and accelerator support required to fully explore their innovative potential. Their goal is to enable aspiring and emerging Nigerian entrepreneurs to start, grow and scale their businesses while also facilitating the development of an enabling business environment and thriving ecosystem.
Future Africa is a proprietary investment and advisory firm that partners with mission-driven innovators, investors, organizations and governments turning Africa’s biggest challenges into global business opportunities by providing capital, coaching and community.
MEST is an Africa-wide entrepreneurial training program, internal seed fund, and network of hubs offering incubation for technology startups in Africa. Founded in Ghana in 2008, MEST provides critical skills training, funding, and support in software development, business, and communications to Africa’s brightest tech entrepreneurs. MEST Hubs are located in Accra, Ghana; Lagos, Nigeria; Cape Town, South Africa; and Nairobi, Kenya.
Microtraction is an early-stage, angel investment firm located in Lagos, Nigeria. They back, support and fund remarkable African tech entrepreneurs at the earliest stages of their startups. As an early-stage investment firm, their goal is to be the most accessible and preferred source of pre-seed funding for remarkable African technology entrepreneurs.
TechCabal provides unparalleled insight into startups, innovation and technology in Africa to the most discerning entrepreneurs, investors, decision-makers and ecosystem members on and off the continent.
Ventures Platform Hub is a catalyst for innovation & entrepreneurship across Africa. They provide smart capital through our early-stage fund, Ventures Platform Fund, they provide infrastructure and nurtures communities of entrepreneurs and innovators through Ventures Park and they build pipeline by providing capacity and ecosystem support through their not-for-profit – Ventures Platform Foundation.
Udo Udoma & Belo-Osagie has since evolved from its initial focus on oil and gas matters into a twelve partner, multi-specialisation full-service firm geared to facilitate corporate and commercial business in Nigeria and Africa across its Practice Areas. The firm’s corporate practice is supported by a dedicated litigation and alternative dispute resolution team, and also by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services.