Applications are now open for the third Lagos Startup DealDay pitch event. The event will take place on the 16th of November, 2016.
Lagos Startup DealDay is quarterly investment process run by the Lagos Angel Network (LAN). It brings together LAN members, other angel investors and Lagos startup ecosystem players in a process where the very best startup ventures (across sectors) are guaranteed funding. Using Lagos StartUp DealDays as a vehicle, LAN is targeting to raise N100 million from its members and the early stage investment community for Lagos startups during 2016.
LAN partners for the DealDay include VC4A, TechCabal, the Africa Business Angel Network (ABAN), Lagos based hubs, incubators and accelerators.
The first edition of Lagos Startup DealDay took place on the 31st of March 2016. Big Cabal Media and Cafe Neo were the beneficiaries of the first edition of the event, getting N50 million.
At its second StartUp DealDay held on the 30th of June in Lagos, three ventures were supposed to receive funding from four syndicates that participated in the DealDay subject to successful financial and legal due diligence.
Shortlisted startups will be notified before the end of October. Successful entrepreneurs will be invited to make formal pitches on the 16th of November to a closed group of angels for funding.
Interested? Check the Lagos Angel Network page on the VC4Africa platform for more information