African start-ups invited to apply for capital for business growth

 African technology start-ups are encouraged to apply for the Future of Capitalism Start-up Competition. This competition offers founders a chance to secure a portion of up to $1 million to accelerate their business growth.

The programme aims to identify and support tech-driven innovations that can improve efficiency and scale business operations. Start-ups worldwide will benefit from mentorship, technical resources, and access to a global network of experts and investors.

“If your technology has the potential to transform business operations, this competition is for you,” say the organisers. “We are looking for tech solutions that enhance customer experience, management systems, financial processes, and more. Investments will be provided as equity funding, though other investment types may be available depending on the unique needs of each business.”

The investment amount will vary based on factors such as the start-up’s maturity and the potential market opportunity. The $1 million may be distributed among multiple start-ups, depending on these factors, the organisers explain. “The equity stake will depend on the investment size and the agreed-upon business valuation.”

Eight finalists will be invited to London to pitch their innovations before a panel of judges, including experienced entrepreneurs, tech venture capitalists, investment professionals, and angel investors.

The deadline for entries is September 30. To apply, visit the Future of Capitalism Start-up Competition website.