Seedstars has launched a new investment program called the Investment Readiness Program targetted at entrepreneurs and startups from emerging markets.
The new program according to Seedstars will support ventures looking to receive investment and will officially launch on 3 May 2019 in 13 different locations around the globe: Geneva, Casablanca, Cairo, Lagos, Abidjan, Dar Es Salaam, Cape Town, Astana, Yangon, Mexico City, Bogota, Medellin and Lima.
Who can apply?
Any startup is welcome to apply to the Investment Readiness Program as long as they comply with the following criteria:
You have received investment up to Series A or haven’t received any investment at all
You are ready to relocate to one of our hubs for a period of at least six months
You have the willingness to learn throughout the program, and commit to completing assignments
These are just some of the most basic requirements and, on top of that, the good-to-haves include also the startup already owning a demonstrable product or service (Minimum Viable Product) and being a scalable solution or have the potential to reach scalability.
Step 1 Fill the application
Go to the official web page of the Investment Readiness Program and click on the apply button. The application consists of two parts: the pre-application and the main application. You will need to fill out both in order to be considered for the program. The main application can be saved mid-way, so if you need more time to fill it out, don’t forget to save it.
📣📣We're proud to announce the launch of the Investment Readiness Program!— Seedstars (@Seedstars) April 9, 2019
Learn the best strategies, meet the right people, learn what investors are looking for and relocate to one of our entrepreneurship hubs.
Apply now ↗️ https://t.co/CVngbZhz2r pic.twitter.com/3N0eTLS227
Step 2 Apply for financial support (optional)
We provide an option for startups that are in need of financial support for the program, meaning that if their participation cannot be possible without the support, we will allocate some resources in order to make it happen. Please note that the financial support is analysed on a case-by-case situation and you will need to provide solid arguments for receiving it.
Step 3 Take a brief assessment
Part of the application process is also a specific assessment for your fit to the program. It is designed to analyse your answers on a scale that will determine your continuation in the process.
Step 4 Attend an interview
You’ll be invited for an official interview with one of our Seedstars team members in order to get to know you and your team better. You can do the interview in person at one of our Seedspaces or online depending on your location.
Join the Investment Readiness Program!
If you’ve made it this far, congratulations! You and your team can now relocate to the Seedspace of your choice and have a free month of trial with no strings attached. Enjoy the ride and make sure to apply for one of the quarterly demo days in order to be considered to receive up to USD 500,000 in seed investment by Seedstars!