Entrepreneurship

Fuzé by Digital Africa 2023 for Startups in francophone Africa

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Ifeoma Chuks
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Fuzé Digital Africa 2023 for Startups in francophone Africa. Apply below.

When is Application Deadline?

Not specified

What is the Award?

Early-stage businesses operating in francophone African nations are eligible to apply for equity capital from Fuzé, a Digital Africa investment facility, up to EUR50,000 (US$48,000).

President Emmanuel Macron introduced the Digital Africa initiative in 2018, a French government-backed organization that supports African tech entrepreneurs.

Which Countries are Eligible?

Francophone African countries

What Type of Award is This?

Entrepreneurship

Who is Eligible?

The company is less than 18 months old

The company is founded or co-founded by at least one citizen of French-speaking African countries

The startup has a tech component in its product or business model

The startup has operations (cost or profit) in a French-speaking African country.

How are Applicants Selected?

Built in a partnership logic, FUZE relies on a network of actors operating on the continent to identify target start-ups and support them in their deployment. The process is done in 4 main steps:

Deposit application:

Provide some details about your company by completing the online application form.

Partner’s opinion

We contact your support structure to get to know you better

Analysis and evaluation of the startup

Our team examines your application carefully. If you meet our investment criteria, you move on to the pitch stage.

Decision

The investment team makes its decision and we finalize the investment together.

What is the Benefit of Award?

  • A first ideation ticket: 20K EUR
  • A follow-up ticket of 30K EUR
  • Possibility to directly invest a ticket of 50K EUR

Via a quick and simple mechanism

How to Apply:

Apply below.

Goodluck!

Visit Award Webpage for Details

Author

  • Ifeoma Chuks is a naturally-skilled writer. She has written and contributed to more than 6000 articles all over the internet that have formed solid experiences for particularly aspiring, young people around the globe.

    Content Manager

This post was last modified on October 27, 2022 6:33 pm

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