As a startup founder, you believe you have come up with a brilliant idea that will change the world. You are eager to show the brilliance of this idea and decide you need to raise a significant amount of capital to proceed.
Before jumping head first into trying to raise capital, it is important to determine whether you and your business idea are ready for investment. This helps you avoid the disappointment of rejections from investors, and also helps answer questions regarding the viability of your idea.
Here are a few tips to get you ready for investment.
1. Ensure you are raising capital for the right reasons.
Question yourself. Are you raising capital because you are ready to raise capital of because you need to? Test the need to raise capital against continued bootstrapping .
2. Determine what type of investment you are after. Understand how much funding you need. Choose the best funding model to fit your business. Do your research on potential investors. Make sure you are in alignment with your potential investors and vice versa.
3. Demonstrate Problem Solution Fit. Aim for emotional attachment to the solution and business. Show working MVPs if possible and evidence of product market fit.
4. Have your investment collateral ready. This includes your Elevator Pitch, Pitch Slide Deck, Business Plan and Financials (P&L, Cashflow).
5. Investing is emotional. They are investing in you, not just your business. Always believe in yourself and your business, especially when times are hard and results are not forthcoming. Stay determined, be passionate and strive for success at all times.
Africa Research Excellence Fund 2020
The AREF Research Development Fellowship (RDF) Programme is being launched to support African researchers who are working on important human health challenges in Africa.
To support researchers in Africa who are emerging leaders and are working on important human health challenges to develop their skills as a researcher.
What We Offer
A three to nine-month placement at a leading research institution in Europe or Africa, with additional support at your home institution before and after the placement, up to a maximum of £38,000.
Who Is Eligible?
- Research active post-doctoral scientists and clinicians who are nationals of and are employed in Sub-Saharan Africa and were awarded their doctorate after May 2014.
- Clinicians without a doctorate but have a research-relevant Master’s degree and at least two and up to seven years of active research experience.
How To Apply
Read the information below, and download the Application Form, Information for Applicants and Cost & Finance Spreadsheet, and email to Fellowships.AREF@aref-africa.org.uk before 12:00 GMT 23 September 2020
The AREF RDF Programme aims to enhance the research competitiveness of emerging African researchers working on pressing challenges for human health in Africa. In 2020, these challenges will include infectious disease and non-communicable diseases. AREF’s goal is to transform the opportunities for up to 15 talented post-doctoral scientists in Africa in 2020 to contribute to reducing the burden of disease through leading research that is responsive to African settings.
The RDF Programme enables talented early-career researchers to:
- acquire advanced research skills
- develop and test their compelling research questions
- develop highly effective mentoring relationships
- grow their potential collaborations
- raise their profile through international networking. Read more..
The Roddenberry Prize 2020 for Organizations with innovative solutions
The $1M Roddenberry Prize is a call for big, bold solutions from anyone, anywhere that address the challenges of an unpredictable and fast-changing global landscape. Four game-changing and innovative solutions will each receive $250,000 for their work in one of the following fields: Education, Science, Environment, and Humanity. Applications from anyone — individuals, for-profits, teams, non-profits, and B-corps — are welcome.
Deadline: April 10, 2020.
The Roddenberry Foundation welcomes Prize applications from individuals, non-profits, social enterprises, and B-corps who meet all of the following:
- Individuals who are 18 years of age or older
- Organizations or institutions with a budget of $10mil or less
- Organizations whose primary focus of their work is either Education, Science, Environment, or Humanity
- Submit an application in English
- Include completed responses to all required application questions
- Agree to all legal terms and conditions of the Prize grant program
Be able to legally receive grant funding
Four awardees will receive $250,000 each. Awards will be announced in August 2020. The top organizations in each issue area that are not awarded a prize will be recognized publicly as Finalists.
Timeline and Applications
HOW TO APPLY
If you did not register for our new application system in 2019, or if you submitted an application in 2018 or earlier, you can create an account APPLY HERE.
If you did create an account, simply sign in HERE and click the “Apply” button on the right next to “Prize”.
For more Information: Visit the website for Roddenberry Prize 2020 for Social Entrepreneurs & Changemakers
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