Guide
How to get on a backer's radar: what Africa's biggest programmes look for
Trade banks, foundations, tech giants and sports organisations all back African talent differently. Here's what they have in common, and how to be ready when they open.
Look across the companies and programmes backing African talent and a pattern shows up. Very few of them find people by chance. They open a call, read what comes in, and pick the people who were ready.
1. Know which kind of backer you need
- Foundations like the Tony Elumelu Foundation give early founders seed capital and training.
- Prize programmes like Africa's Business Heroes reward founders with a few years of traction.
- Tech companies like Google run accelerators for startups that already have a product.
- Development and trade banks like the African Development Bank and Afreximbank work at the level of whole industries, and you reach them through the businesses and events they fund.
- Sports organisations like Giants of Africa find young athletes through camps.
Applying to the wrong one wastes a season.
2. Be ready before the call opens
Most calls run for a few weeks a year. Keep a document with your answers to the questions almost every backer asks:
- what you do, in one sentence
- who it's for, and who pays
- what you've achieved so far, with numbers
- what the money or support would let you do next
3. Show proof, not promises
Every programme above asks for evidence: traction, customers, a portfolio, a highlight video. Start collecting it now, even if it's small.
4. Never pay to apply
Real programmes don't charge application fees or use paid middlemen. If someone asks for money to "fast-track" you, it's a scam.
Your next step
Pick two backers from this list that fit where you are today. Put their usual opening months in your calendar, and spend thirty minutes this week drafting your one-sentence description and your proof.
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Applying is free, and it starts on your Launchpad.