12 September 2017

East Africa: VC4Africa Launches VC4A Startup Academy

Venture Capital for Africa (VC4A) has launched the VC4A Startup Academy in a bid to help educate the next generation of African startup founders.

Per a press statement the academy will offer direct access to expertise proven to work for successful entrepreneurs and investors operating across Africa. The VC4A Startup Academy, is broken down into three learning courses, each focused on a different life-stage of a starting business.

Ready to scale up

"The first course is called, 'Start your business', and introduces participants to main themes to consider during the founding stage of a startup. Course two is 'Grow your business', and covers what's needed after a startup finds its feet and is ready to scale up. And course three, is 'Finance your business', introducing different funding concepts and tips on how to raise capital," the statement continued.

The theoretical content is presented by Andile Masuku (African Tech Roundup), and among the experts are the likes of Tomi Davies of the Lagos Angel Network, Rebecca Enonchong of the African Business Angel Network, Brett Commaille of AngelHub Ventures, Fatoumata Ba of Jumia, Emeka Afigbo of Facebook and Wim van der Beek of Goodwell Investments.

Recognize the Entrepreneur

After each module, participants can test their learning by taking a quiz and unlock a personalized certificate that can be downloaded, and to recognize the entrepreneur for successfully completing the course. Graduates from the VC4A Startup Academy gain access to the VC4A Mentorship Marketplace, select startup opportunities and fundraising tools.

The VC4Africa Startup Academy is designed to empower founders to take their business to the next level. VC4A founder Ben White explains:

"We are committed to helping entrepreneurs enhance their capabilities by providing knowledge and expertise that will empower them to successfully grow their business. Industry insiders pass on wisdom earned over the course of their careers as they've built companies, invested in startups, and raised venture capital. With this Academy we are working to unlock this knowledge in a way that makes it more accessible to a new generation of founders coming up across the continent."

Fundamental Pillar

The VC4A Startup Academy has been developed as a fundamental pillar of the 'Work in Progress!' program funded by the Dutch Ministry of Foreign Affairs.

The VC4A Startup Academy is designed as a self-learning tool, but at the same time VC4A is working with a pan-African network of partners to integrate the online curriculum into incubator and accelerator programs to make sure participants start with the same business foundation. Ultimately, these programs can use the VC4A Startup Academy to combine the online content with face-to-face discussions and in-person sessions hosted at the local startup hubs.

available free of charge and can be accessed by members registered on the VC4A online platform.

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