African startups which are fundraising have been invited to apply for the third IIF Annual Deal Summit and the preparatory Investment Readiness Accelerator, which will provide them with the business development support required to scale impact enterprises and inclusive business companies and link them with investors.
The Impact Investors’ Foundation (IIF), in collaboration with Impact Amplifier, will hold the IIF Annual Deal Summit on November 30th and is actively asking investment-ready enterprises to apply.
The initiative aims to prepare social entrepreneurs to become investment-ready to access funding from various investor partners; expose participants to impact investors and match them during the deal summit, and accelerate quality deal flows within the impact investing community, and support quality investment pipelines for impact investors.
Successful applicants must have been in operations for over two years, be commercially viable, have clear impact focus or orientation, not have raised more than US$5 million externally, be seeking a ticket size of between US$200,000 and US$5 million, and commit senior company executives, preferably the CEO, to take a substantial role in training and matching activities.
Applications are open here until August 15th. Selections will be announced on September 6, and the Deal Summit takes place on November 30.