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BetOnBlack Fund

fueling African
Innovation

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

The BOB Fund FAQs

The BOB Fund FAQs

The BOB Fund FAQs

Bold finance for
bold solutions.

The Bet On Black Fund is 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.

"When we back our own innovators, we stop being spectators in the global economy and start becoming the architects of our own future."

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."

Does a company have to be located in Africa to qualify?
What beyond capital do you provide?
Is this a social impact fund or a commercial venture 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."

Does a company have to be located in Africa to qualify?
What beyond capital do you provide?
Is this a social impact fund or a commercial venture 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."

Does a company have to be located in Africa to qualify?
What beyond capital do you provide?
Is this a social impact fund or a commercial venture fund?
How can founders apply for funding?
Apply to the BOB Fund

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Innovation Hackathons

Innovation Hackathons

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 Problem Solvers

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

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.

The Disruptors

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

The Disruptors

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

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