Village Capital/MetLife Foundation Investment Readiness program 2020 ($70,000 Grant)

SEVICS Investment-Readiness-program-300x102 Village Capital/MetLife Foundation Investment Readiness program 2020 ($70,000 Grant) opportunities  Youth Opportunities Opportunity for Young Nigerians Opportunity for Young AFricans Opportunity for Start-ups opportunity

Village Capital and MetLife Foundation are launching an investment readiness program for Middle East and North Africa (MENA) and Turkey-based startups that are using tech to help low-income individuals and families manage their day-to-day finances, build short- and long-term savings and wealth. The accelerator is a collaboration between Village Capital, MetLife Foundation, and PayPal. We’re encouraging applications from entrepreneurs building high-growth, scalable solutions focused on the following regional challenges:

  • Gender inequality
  • Youth Unemployment
  • Access to finance for MSMEs
  • Digital Identity

WORTH

  • Top two (2) peer selected startups will receive a MetLife Foundation Social Entrepreneurship Grant of $70,000 (USD)
  • Ability to network and receive mentorship from potential strategic partners, customers, and founders
  • Ability to network and receive mentorship from MENA and Turkey-based investors.

ELIGIBILITY

  • For-profit market-based solution that tackles a financial health challenge for low-to-moderate income communities in MENA or Turkey
  • Operations in or have the ability to expand business to the MENA or Turkish market
  • Have a minimum viable product (MVP), and raised less than $1M in equity
  • Have at least one full-time founder based in the MENA or Turkey
  • Have meaningful customer or business validation (not limited to revenue, can also be successful pilot studies, number of users, and/or strategic partnerships).

DEADLINE: May 28 2020

To apply and for more information visit here

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