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The Smart Africa Alliance is a partnership among African countries [1] adhering to the Smart Africa Manifesto. Its goal is to accelerate sustainable socioeconomic development on the African continent [ 2 ] through usage of Information and Communications Technologies (ICTs) and through better access to broadband services.
AI has drawn increased funding and interest from investors in recent years. Last year, AI startups raised $115 billion, according to PitchBook data.
At the end of this 3 month period, participants pitch their companies to Entrepreneur First's 'Investment Committee' to receive a first 'pre-seed' investment. Entrepreneur First invests £80,000 in each startup in Europe, [22] [23] [24] C$100,000 in Canada [25] and SG$75,000 in Asia. [26] [27] In return, it claims a 10 percent equity share. [28]
Paystack was founded in 2015 by Shola Akinlade and Ezra Olubi who met at Babcock University and worked in banking and IT before founding Paystack. [3] [4] In November 2015, it became the first Nigerian company to be accepted into the startup accelerator Y Combinator. [5]
Techstars is a global startup accelerator and venture capital firm founded in 2006 and headquartered in New York City. The accelerator provides capital, mentorship, and other support for early-stage entrepreneurs. As of January 2024, it had been used to launch roughly 4,100 companies with a combined market capitalization of over $116 Billion ...
Each year, Progress Lakeshore awards two local businesses $1,000 or $500 in startup costs. The winner also moves on to a regional contest. Manitowoc startups Peggy Bakes and Sunshine Sass ...
According to a June 2019 fundraising pitch deck seen by Forbes, Scale was on track to have an annual revenue over $40 million. [ 2 ] [ 3 ] In August 2019, after Peter Thiel ’s Founders Fund made a $100 million investment in Scale, its valuation exceeded $1 billion and it acquired Unicorn status.
A pitch book, also called a Confidential Information Memorandum, is a marketing presentation (information layout) used by investment banks, entrepreneurs, corporate finance firms, business brokers and other M&A intermediaries advising on the sale or disposal of the shares or assets of a business. It consists of a careful arrangement and ...