About

Renew Venture Lab is an initiative by Renew Capital, a pan-African early-stage investment firm established in 2012. With operations in 13 countries, Renew Capital focuses on investing in tech-enabled startups that address Africa's challenges. The firm aims to mobilize capital and support African entrepreneurs, fostering innovation and economic growth across the continent. ? Renew Venture Lab provides a comprehensive support system for early-stage startups, including:? Investment Capital: Offers investments ranging from $50,000 to $300,000, tailored to the startup's growth potential.? Training for Rapid Growth: Delivers growth tools, management tactics, and pitch coaching through a unique business training program.? Networked Knowledge: Provides instruction and mentorship from the Renew Capital team across Africa and successful entrepreneurs within their global investor network.? To be considered for investment, startups should meet the following criteria:? Growth-Oriented Founders: Entrepreneurs with a vision to scale their tech-enabled, asset-light companies.? Demonstrated Traction: Companies that have gained market traction and are raising their first rounds of capital.

Eligibility

• Renew Venture Lab targets early-stage tech and tech-enabled startups across Africa, with a priority focus on countries such as Ethiopia, Uganda, Rwanda, Kenya, Tanzania, Zambia, Sudan, and Mozambique. Startups in other African countries may also be considered at the discretion of the Renew Capital team.