Gen F Entrepreneur In Residence Venture Design Studio is a unique platform that combines the best of both worlds – venture studio and VC models. It offers a comprehensive package of investment and hands-on support for early-stage founders who are dedicated to addressing local challenges with local solutions. This innovative approach is made possible through partnerships with corporate and impact investment partners.

For selected startups, Gen F provides a range of benefits to fuel their growth. This includes $250,000 in seed funding, as well as technical and operational expertise. The support services offered cover various aspects such as product development, UX/UI, data science, engineering, business development, and growth marketing.

Moreover, startups at Gen F gain access to valuable resources like distribution channels, customer acquisition opportunities, pilots, data, intellectual property, and the expertise of corporate investors. This ecosystem is designed to empower entrepreneurs and help them thrive in their respective industries.

The Gen F deal.

So, who is Gen F for?

• It is for exceptional founders and aspiring entrepreneurs who are determined to turn their ideas into reality, achieve commercial success, and make a significant impact on a systemic level.
• It is also for outstanding professionals and domain experts who are ready to transition from the corporate world to entrepreneurship.
• Additionally, Gen F welcomes founders who are passionate about building tech solutions that can solve Africa’s most pressing problems and drive positive change.
• Ultimately, it is for entrepreneurs who possess a deep understanding of local market gaps and a strong desire to solve the problems that matter most to their communities.

ELIGIBILITY

• The Gen F Initiative is open to a diverse range of individuals who meet certain criteria.
• This includes aspiring founders who have the relevant background and are building a VC-backable startup.
• It also includes former startup founders who have firsthand experience in building startup ideas.
• Additionally, domain experts who possess a unique insight into the problem they are trying to solve are eligible. Corporate professionals who are looking to transition into entrepreneurship due to a identified gap in the market can also qualify.
• Moreover, senior operators who have previously worked in an African startup are encouraged to apply.
• Lastly, founders with a well-researched concept that addresses a deep African problem in a large market are eligible.
• It is important that all founders are able to commit full-time to refine and validate their concept for 10-12 weeks, and then transition full-time into their startup.

SUPPORT AND FUNDING

• At GenF, we offer:
• A generous one-time budget to conduct market validation experiments
• Close collaboration with our venture builders to fine-tune your concept and assist you in preparing for the Investment Committee
• If approved by the Investment Committee:
• Complimentary access to our studio services for launching your startup
• Up to $250,000 in funding opportunities
• We do not require founders to pay any fees or make any payments to participate in GenF.

APPLICATION

• Applications are on a rolling basis and hence they are always open. Please apply anytime
• VISIT THE OFFICIAL WEBSITE FOR MORE DETAILS AND TO APPLY