8. eVA Fund
The eVentures Africa Fund (eVA Fund) was launched in January 2010 and is dedicated to mobilising capital and experience in the Netherlands/Europe to invest in small and medium-sized African internet related companies.
eVA Fund exclusively provides funding to startups in sub-Saharan Africa. Some of its investments include: Nomanini, Verviant, Umuntu Media, and MoboFree.
The eVA Fund focuses on and invests only in companies that use technology within Africa to build world-class platforms that deliver local content for Africa. This includes startup businesses in the following areas: internet and/or mobile applications, platforms, e-commerce and solution-providers (i.e. not in infrastructure and hardware).
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[…] of the central uses of most startup business plans is for raising investment funds. A business plan conveys what the new company needs and convinces others to help fund its growth. […]