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Ventures Platform

From EverybodyWiki Bios & Wiki



Ventures Platform (VP) is an African early stage investment fund that supports startup companies in Africa.. If a startup team has successfully introduced a Minimum Viable Product into a marketplace with existing positive offline indicators, VP will support the startup,

Ventures Platform
ISIN🆔
Founded 📆June 2016
Founder 👔
Headquarters 🏙️Lagos, Nigeria
Area served 🗺️
ServicesVenture Capital
Members
Number of employees
🌐 Websitewww.venturesplatform.com
📇 Address
📞 telephone

(VP) was launched[1] by Kola Aina [2] on 3 June 2016 as an accelerator program for technology startups. It is headquartered in Lagos.

Accelerator program[edit]

VP provides seed funding, business strategy and short term residency for accepted fellows for a 10% equity in the company. VP provides the startup with mentorship, business re-engineering, work space, living space, back office support, shared services and seed funding”.[3]

At the end of the 16 week program, the startups pitch their business to an audience of investors[4]

Between 2016 and 2017, VP invested in over 20 companies including Mobileforms, Wesabi, Payconnect, Jalo, Proteach, Lizzie's creations, drivers.ng, myPadi.ng, Accounteer, LastPrice, VivaXD and ThriveAgric[5] In 2017, VP expanded to Lagos.[6]

In 2020, VP launched the iNOVO accelerator with Startupbootcamp to invest in Agriple, Farmer First Technologies, Rural Farmers Hub, Afrilearn, DigiLearns, Schoola, Gleeworld Pharmacy, Pharmaserv Health Project, and Wellvis.[7][8]

Demo Day, program and events[edit]

Kola Aina, the acceleration team and the companies during the second accelerator program.

VP’s training rooms and outdoor greens have been used for bootcamps, trainings, and most recently coding workshops targeting girls and marginalized youth.

Events include: Aso Villa Demo Day 2016 BootCamp, Slush 2016 Local Competition,[9] CodeBusAfrica,[10] SheLeadsAfrica speed networking night, Starta Silicon Drinkup, Techstars Atlanta in Abuja.

Ventures Platform Foundation[edit]

Ventures Platform Foundation is the social impact arm of Ventures Platform that builds and supports social impact tech-entrepreneurs in Africa.

References[edit]

  1. "Nigeria's original startup city is making a big play for Africa's young entrepreneurs". Quartz. Retrieved 2017-05-31.
  2. "Innovation hub Ventures Platform (VP) has launched in Abuja! | First Look & Launch Event Photos - BellaNaija". BellaNaija. Retrieved 2017-05-31.
  3. "Here are the 6 startups pitching this morning at the Ventures Platform Demo Day". Techpoint.ng. 2017-01-27. Retrieved 2017-09-04.
  4. "Here are the 6 startups pitching this morning at the Ventures Platform Demo Day". Techpoint.ng. 2017-01-27. Retrieved 2017-05-31.
  5. "Ventures platform unveils startups for its inaugural hybrid incubation program". TechLoy. Archived from the original on 2016-09-16. Retrieved 2017-05-31.
  6. "Nigeria's ventures platform expands to Lagos grows cheque size". TechLoy. Retrieved 2017-05-31.
  7. "10 Nigerian tech startups selected for UK-Nigeria Tech Hub iNOVO accelerator". Disrupt Africa. 2021-03-08. Retrieved 2021-08-16.
  8. "UK-Nigeria Tech Hub Selects 11 Startups into iNOVO Accelerator Program". Technext. 2021-03-16. Retrieved 2021-08-16.
  9. "Slush 2016 Global Impact Accelerator , Partners Ventures Platform to Organize Local Competition for Startups | TechCabal". Retrieved 2017-05-31.
  10. "'CodeBus Africa' arrives in Abuja". Retrieved 2017-05-31.


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