Celo will be in Lagos, Nigeria for the next Web3 Fund event, which aims to assist Web2 entrepreneurs in receiving financial investment from its ecosystem partners, following a successful launch of the Web3 Fund in Nairobi, Kenya. The event will be happening on 23rd and 24th August 2022.
The call for Web2 startups and businesses is open to up to 60 Nigerian founders who will access equity investors, VC funding, technical, business, and marketing mentorship, as well as decentralized exchanges listing opportunities to interested candidates.
Applications are encouraged from Nigerian founders and businesses developing solutions in a few industries including, transfers of funds, cryptocurrency, savings, and lending.
In a manner similar to the Kenya Web3 Fund event, selected candidates will receive cash investments from the Celo Africa Web3 Fund VC Partners, while Tatum and Ape Unit, two of Celo’s technical partners, will also offer support in terms of technical help.
The physical workshop is a pioneering initiative of its kind, aiding business owners in gaining access to vital capital needed for growth and expansion across the African continent.
Founders will have a wonderful opportunity at the event to share and interact with VCs interested in supporting Web3-focused businesses in Africa.
The Celo Africa Web3 Fund expands on Celo’s active presence in several African nations, where it interacts with the local developer communities.
Furthermore, with the aid of global and local partners like Cinch, Mercy Corps Ventures, and Kotani Pay, Celo has been conducting ground-breaking pilot projects in the fields of microwork, micropayments, and DeFi lending.
To participate in the Web3 fund event, apply here.