On Friday, 31. August 2019, representatives from Access bank German Desk and Microtraction enlightened SME’s and startups on one of the major challenges faced by small businesses which is access to funding. The event which was themed “Attracting investors and funding for SME’s and Start-ups – An investors perspective” provided information on the various funding opportunities available through their channels and the criteria needed to access them.
Our first speaker Sebastian Barroso da Fonseca works as Senior Banking Advisor, Sub Sahara Africa for DEG and heads the German Desk at Access Bank Plc. He spoke about the current funding opportunities available through DEG and via Access bank. His focus was on accessing funds via the banking sector and the criteria that must be met to be eligible for these funds.
While, our second speaker Dayo koleowo, partner Microtraction: an early stage angel investment firm that focuses on providing accessible pre-seed funding for remarkable African technology entrepreneurs enlightened participants on what venture capitalist look out for before investing and the funds available to tech focused startups.
It was a successful event as both speakers provided valuable information and participants were enlighten about suitable ways to access funding and the criteria needed to access them.
See link below for more information: investment criteria