Microtraction, a Nigerian early-stage Venture Capital firm has launched its Scout Initiative, which it says will help it discover more deals and identify high-trajectory individuals building the next innovative company in Africa. This announcement was made in a blog post.
Founded in 2017, the early-stage Venture Capital firm has made undisclosed investments in nine Nigerian startups that are at the very earliest stage of their development. They are Accounteer, Riby, Thank U Cash, CowryWise, Bitkoin Africa, Wallet.ng, Allpro, Stack Dx and Sendbox.
The Microtraction Scout Program is someone who will identify startups in their own local ecosystem, invest and support those companies with Microtraction’s financial & business capital who has a genuine interest in Microtraction, is willing to support the company’s mission and thesis, has a great eye for spotting high-trajectory individuals and high-growth companies and is well connected in their local market..
Our post further explains who a Microtraction Scout is, benefits of being one and requirements needed to be one.
Applications closes in a month and we look forward to reading your applications. Apply below 👇🏽https://t.co/gD5USPbi5M
— microtraction (@microtraction) July 9, 2019
In return for identifying potential deals for Microtraction, scouts will gain direct exposure and access to the firm’s network of investors, founders, advisors, operators and business partners, and carry interest in deals shared and made. Applications are open here for the next month.
Click here for more details.
