Matching Fund applications processed
Angel Investors involved
Deployed as qualified matching grants
Invested by local angel investors in innovation hub affiliated startups
Afrilabs Innovation Hubs Supported
Startups from African countries
The maximum financing from the matching fund is €60,000 per transaction.
If the business angel invests an amount less or equal to €10,000, then the matching fund will double the amount of funding the startup receives from the angel investors.
If the business angel invests more than €10,000, then the matching fund will triple the amount of funding the startup receives from the angel investors.
Fill in the registration form. All stakeholders have to register, whether you are a start-up, an innovation hub, an angel network, or an angel investor.
After investing in a startup supported by an AfriLabs hub, the angel network, which is an ABAN affiliated member, applies for matching funds..
After the application has been submitted, it will be reviewed to make sure it complies with all the eligibility and compliance requirements.
If your application is approved, the KYC check on the beneficiaries will be carried out. Disbursement will be subjected to KYC check clearance.
The start-up will report to Catalytic Africa with the support of the hub on its progress on a monthly basis.
Registered in a hub member of the AfriLabs network
Registered in ABAN Angel Network.
Registered in a Local Angel Network of ABAN network.
Catalytic Africa is an initiative by ABAN and AfriLabs, supported by AFD and Digital Africa
@AfricaCatalytic
@AfriLabs
@ABANAngels
Catalytic Africa is a matching fund by the African Business Angels Network (ABAN) and AfriLabs that aims to strengthen African startups, innovation hubs, and angel investors while delivering impact results to institutional funders.
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