Entrepreneurship

Gen F Entrepreneur In Residence Program 2024 For African Entrepreneurs.

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Mercy Awofiranye
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Applications are now open for the 2024 Gen F Entrepreneur In Residence Program. Interested and qualified candidates can send in their applications. Gen F is powered by Founders Factory Africa, which is one of the largest and most active, hands-on investors in Africa. The program offers young African entrepreneurs the opportunity to turn their startup concepts into reality in just 12 weeks with the help of Venture Design Studio and funding to validate their ideas. To stay updated, kindly subscribe to our newsletter.

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Application Deadline

Applications are on a rolling basis and hence they are always open. Please apply anytime.

Eligibility Requirements for the Gen F Entrepreneur In Residence Program 2024.

Interested candidates must meet the following requirements to be considered:

  • Exceptional founders/aspiring entrepreneurs looking to build out and test their ideas, achieve commercial success, and create outsized, systemic impact.
  • Outstanding professionals and domain experts looking to make the transition from the corporate environment to entrepreneurship.
  • Founders looking to build tech solutions that solve Africa’s largest problems and catalyze change.
  • Entrepreneurs who have a keen eye for local market gaps and a sharp sense of local problems that they are passionate about solving.

Program Benefits

Successful candidates will enjoy the following benefits:

  • A 12-week sprint with the Venture Design Studio
  • A competitive test and learn budget to validate your idea
  • Upon internal approval, up to $250 000 investment
  • Targeted support from FFA’s expert team

The following will also be provided during the program:

  • A competitive once-off budget to run market validation experiments
  • Working closely with our venture builders to refine your concept and help you prep for IC

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Also, If the Investment Committee approves participants will have access to:

  • Free access to our studio services to launch your startup
  • Up to $250 000 in funding is available

Application Process

The application process is online. For more information, visit the official webpage.

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Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

This post was last modified on May 8, 2024 11:53 am

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