African startups are invited to apply to join the 10k2Startup initiative, which aims to support projects that solve the world’s problems, with funding between US$10,000 and US$50,000 in addition to other types of support.
10k2Startup was founded by Julius Nkansah Owusu Kyerematen, Google’s Head of Omnichannel Mid-Market Skills, who understands that funding and strategic direction are critical barriers to startup growth and scale.
The Ghana-based initiative addresses these challenges head-on by offering investments of between $10,000 and $50,000 for a stake of between 15 percent and 25 percent. Its portfolio currently includes startups such as Homely, Noelle Organics, and Green Tech.
Investment decisions depend on the stage of the startup, its growth potential, and the attractiveness it has achieved. The more promising the startup is, the higher the investment and equity stake. 10k2Startup also aims to be a strategic growth partner for the startups it supports.
“This means providing expert guidance every step of the way, helping entrepreneurs overcome challenges, and connecting them to our extensive network of investors, collaborators and customers to accelerate their growth,” Owusu Kyerematen said.
“We are looking for founders who embody the fundamental qualities essential to success — passion, perseverance, discipline and strategic acumen,” he added. We value founders who face challenges head on, turning obstacles into a stepping stone toward their ultimate vision. “Meticulous planning, unwavering focus, and relentless pursuit of excellence are qualities we value greatly, and displaying these traits paves the way for tremendous accomplishments and sets your startup on the path to success.”
Second Cycle
Interested African companies can apply for the second cycle of 10k2Startup until July 15, with shortlisted startups invited to attend a 30-minute pitch session by July 31. Funding decisions will then be made within two weeks.
To apply https://www.10k2startup.com/