Dream VC launches two programs for aspiring African investors

Dream VC is launching two new programmes, Launch into Venture Capital, (LIVC), and Investor Accelerator to train over 50 future African investors.

Dream VC is an investor-accelerator, community-driven education platform founded by Cindy Ai and Mark Kleyner in 2021. It offers programmes that are centered around venture capital (VC), across Africa’s startup communities. The inaugural fellowship was open to more than 1,000 applicants. Only 30 of them were selected.

Some of these fellows joined VC firms like LoftyInc or Oui Capital. And others have started angel networks and made their first investment in Africa, particularly in Nigeria, Mozambique and Côte d’Ivoire.

This year’s programmes – the LIVC and Investor Accelerator — will run simultaneously for 14 weeks (June to September) and 20 weeks (June to October), respectively.

While they’re not free like the fellowship last year, they are still heavily subsidised, Mark said to Benjamindada. The LIVC cost $1,000 and Investor Accelerator $5,000, respectively. These costs are 10% less than what the content costs over 500 hours.

Both programs are eligible for scholarships and bursaries. There are also several 100% coverage scholarships. We are in discussions with many corporations regarding subsidizing further. We urge them [applicants]Mark explained that the application process is meant to bring out passions and to attract the most passionate applicants, not only the wealthy.

“The more applications we accept, the more likely we are to be able to offer more scholarships and bursaries for those who need them.”

Dream VC 2022 programmes: Launch into Venture Capital and Investor Accelerator

Venture Capital (LIVC), the Launching Pad

For young professionals who have less than five years’ full-time experience, the LIVC provides a crash course in VC.

Fellows who are part of Dream VC’s LIVC will:

  • Access weekly live and recorded training sessions
  • Receive project assignments that replicate real work done by VC analysts or associates
  • Engaging workshops are available. Interact with real African-focused VC analysts in relaxed networking mixers
  • You can benefit from extensive career development modules, specifically designed to help you break into the VC sector.
  • Through a matching system, former Dream VC alumni and inbound LIVC fellows can access a mentorship network. This will allow the new group to forge ties, create connections, and overcome current challenges in the space.

Apply now for Launch into Venture Capital. The deadline for the Launch into Venture capital programme is April 1, 2022 @ 11:59 GMT

Investor Accelerator

The Investor Accelerator Programme aims at helping to launch (or accelerate!) the seasoned careers experienced operators, founders, and working professionals as well as African enthusiasts interested in a career in VC, whether they are investors, startup advisors, or ecosystem builders.

Apply now for the Investor Accelerator Program. The deadline for the Investor Accelerator program is May 1, 2022 at 11 :59 GMT

Fellows who take part in the program will:

  • Be taught actively with multiple live sessions every week — evenings and weekends
  • Over 800 hours of content are available across strategic blocks-based learning.
  • Access to the top industry leaders, such as general partners and executives of VC firms based in or investing in Africa markets
  • You can improve your investing skills by reviewing active deals and writing investing memos.

Dream VC co-founder and programme director Cindy Ai said: “At the end of the day, working in countries like Nigeria or Kenya, founders across the continent often are faced with major obstacles — and there is still a lot that must change about perceptions of investing or building startups in Africa. For sustainable and scalable businesses to grow, investors need to be more hands-on than just offering money. And this can’t be done without including and enabling local leaders to be more active in the VC space”.

Dream VC’s ambitious goals are to support the next wave of aspiring entrepreneurs by creating the communities and educational infrastructure that will allow them to thrive and provide maximum value for startups in various African startup ecosystems.

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