The Lagos Startup DealDay is quarterly angel investment round run by the Lagos Angel Network and she’s announced that applications are now open for the first round of 2017.
LAN members, angel investors and the Lagos startup ecosystem will be present for the first pitch on the 24th of March, 2017. Having raised over N100 million in 2016 to invest in worthy startup ventures in target markets, the network guarantees funding for fast growing startups like they did Cafe Neo and Big Cabal Media.
The funding available for this year has been increased to range between N25 and N50 million per venture but is only available for ventures in business for two years (at the very least) and five years (at most). These ventures have to be incorporated with the Corporate Affairs Commission (CAC) and present a track record of financial performance and paying customers for their products and/or services.
Interested startups should apply here and find detailed information here. The Lagos Startup DealDal is a partnership between the following bodies: Lagos Angel Network, VC4Africa, TechCabal, Africa Business Angel Network(ABAN) and Lagos hubs and accelerators based in Lagos.