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Home Africa

FirstCheck Africa launching funding initiative to help African women invest in technology

TechGist Africa by TechGist Africa
January 27, 2021
in Africa, Empowerment, Entrepreneurship, Finance, Impact Investment, Startup, Tech, Venture Capital
Reading Time: 1 min read
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Insight – The rise of Women entrepreneur in Africa
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Founded by Eloho Omame and Odunayo Eweniyi, FirstCheck Africa is a women’s angel fund that invests “ridiculously early” in women in African technology.

They are also developing a female-led investor group that generates opportunities to invest in venture-backed companies by writing smaller checks for the middle level of women who are millennials or in their mid-careers.

Firstcheck aims to make it easier to raise venture-backed capital and invest in technology start-ups for women in Africa. Firstcheck builds a world where, through technology & entrepreneurship, women have an equal hand in leading and shaping the future of the continent.

Also read: African countries claim top 3 positions of most women-owned businesses worldwide

In exchange for modest equity, Firstcheck will invest US$15k to US$25k. Firstcheck aims to provide a safe runway for female entrepreneurs to validate their ideas and create a minimum viable product.

The mission of Firstcheck is to advance equity, capital and leadership for a generation of African women.

For more information visit: www.firstcheck.africa

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Tags: africaafrican entrepreneursAfrican womenafrican women entrepreneursangel investment fundAngel investorsfemale entrepreneurshipFirstCheck AfricaFirstCheck Africa launching funding initiative to help African women invest in technologyInvestment Fundventure capitalWomenwomen entrepreneursафрикаأفريقياアフリカ非洲
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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