The Africa Social Impact Summit (ASIS) Deal Room is aimed at connecting social impact enterprises with potential investors for funding opportunities. Managed by the African Venture Philanthropy Alliance (AVPA) alongside other technical partners, the ASIS Deal Room presents a unique opportunity for SMEs working towards social impact to demonstrate their innovative business models, connect with investors, potentially close deals, and explore strategic collaborations.

If you are an impact-focused SME with a compelling and sustainable business model in any of the following sectors - healthcare/heath-tech, agribusiness, renewable energy, circular economy, e-commerce, financial technology, logistics, edtech, cleantech, and micro-finance, seeking a minimum of $200,000 in funding; we invite you to submit your application for consideration to participate in this deal room.

Please note, participation in the deal room is strictly by invitation, subject to the availability of slots and final confirmation by the deal committee.

Timeline:

• Application Submission Deadline: July 19, 2023
• Application Review Period: July 20, 2023 to July 24, 2023
• Notification of Selection for Deal Preparation: July 25, 2023
• Deal Preparation Period: July 26 – August 2, 2023
• Final Invitation to the Deal Room: August 4, 2023
• Deal Day: August 11, 2023

Criteria for Application:

• Social Impact: Your business should have a clear social or environmental impact goal, addressing a pressing social issue or contributing to sustainable development in your community or beyond.
• Innovation: Your business model should demonstrate innovation, creativity, and potential for scalability, showcasing how your solution stands out in the market and brings positive change.
• Financial Sustainability: Your business should have a clear revenue generation plan and demonstrate the potential for financial sustainability and growth.
• Stage of Development: Your business should be in operation for at least 2 years, with a revenue-generating product/service already in place.

Selection Process:

The deal committee will review all applications during the review window, and selected SMEs will be notified via email on the notification date. The selection process will be based on the criteria mentioned above, and the potential of the social impact enterprises to align with the objectives of the deal room.