AVPA and Sterling One Foundation have announced call for applications for the Africa Social Impact Summit 2023 Deal Room.
Glamtush reports that the Sterling One Foundation and the African Venture Philanthropy Alliance (AVPA) have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos, Nigeria.
The aim is to connect social impact enterprises with potential investors for funding opportunities.
The deal room, managed by AVPA alongside other technical partners, presents a unique opportunity for SMEs working towards social impact to demonstrate their innovative business models, connect with investors, potentially close deals, and explore strategic collaborations as shared by the organizers.
Impact-focused SMEs with a compelling and sustainable business model in any of the following sectors – healthcare/heath-tech, agribusiness, renewable energy, circular economy, e-commerce, financial technology, logistics, Edutech, cleantech and micro-finance, seeking a minimum of $200,000 in funding; can submit their applications for consideration to participate in this deal room on https://theimpactsummit.org/investees-registration by or before July 19, 2023.
Participation in the deal room will be strictly by invitation, subject to the availability of slots and final confirmation by the deal committee.
Criteria for application include the social impact value of the business with a clear social or environmental impact goal, innovation and creativity, financial sustainability, and the business should have been in operation for at least two years with a revenue-generating product/service already in place.
Qualifying businesses can apply on the website on: https://theimpactsummit.org/investees-registration