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BetOnBlack Fund

fueling African
Innovation

They call it a risk; we call it resilience. The Bet on Black Fund & Accelerator were born to disrupt the traditional venture capital and innovation landscape by putting our weight behind the brilliance, resilience, and creativity of Black founders.

The BOB Fund FAQs

Bold capital and resources for bold solutions.

The Bet On Black Fund and Accelerator are designed to capture the outsized returns of the African and Diaspora markets for the world’s most undervalued asset; Black innovation. We aren't just betting on a demographic, we are betting on the inevitable future of the global economy.

"Africa is not risky, it is resilience on steroids. Anchoring ingenuity with strategic capital and resources will engineer the structural pillars for long-term sustainability and growth."

Klenam K. Fiadzoe

Managing Partner

At what stage does a startup qualify to apply?

We primarily focus on Pre-Seed through Series A rounds. We look for companies that have moved past the "idea" phase and possess a proven Minimum Viable Product (MVP), early traction, and a clear path to scalability. Through our Business Accelerator, we also provide a bridge for those in the very early stages to become "venture-ready."

What startups are you looking for?
What beyond capital do you provide?
Do I have to go through the accelerator to benefit from the fund?
How can founders apply for funding?
At what stage does a startup qualify to apply?

We primarily focus on Pre-Seed through Series A rounds. We look for companies that have moved past the "idea" phase and possess a proven Minimum Viable Product (MVP), early traction, and a clear path to scalability. Through our Business Accelerator, we also provide a bridge for those in the very early stages to become "venture-ready."

What startups are you looking for?
What beyond capital do you provide?
Do I have to go through the accelerator to benefit from the fund?
How can founders apply for funding?

We believe in equality of opportunity. To live. To succeed. To grow. To be more than.

Apply to the Fund/Accelerator

Applications for the Bet-on-Black Fund and accelerator are currently closed. Follow our pages for updates and new dates.

Innovation Hackathons

Search for the young "Inevitables" those with a vision so sharp, and grit so deep.

Hack 54 is our premier innovation hackathon, a high-intensity pressure cooker designed to unearth the most disruptive minds across the 54 nations of Africa and its Diaspora.

The Problem Solvers

Addressing the critical gaps in key sectors health, Finanace, Real Estate, Entertainment, and the Creative Economy.

The Disruptors

Challenging the status quo of how African business and culture interact with the world.

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