About TVC Labs MentorPitch 8
TVC Labs MentorPitch 8 is a premier program designed to accelerate the growth of early-stage startups by connecting them with experienced industry leaders.
This initiative offers a comprehensive platform to help founders refine their business models, scale their operations, and make a significant long-term impact.
READ ALSO:2024 Wole Ogunyemi Scholarship for Nigerian Undergraduates
By providing tailored guidance, strategic networking opportunities, and a structured curriculum, MentorPitch 8 aims to empower startups to navigate the challenges of entrepreneurship and achieve their growth objectives.
Whether you’re an entrepreneur seeking to overcome the hurdles of early-stage development or an angel investor looking to support promising ventures, MentorPitch 8 offers a proven framework for fostering innovation and driving success.
The program is tailored for startups that are ready to take their business to the next level, providing them with the resources and expertise needed to thrive in a competitive landscape.
Requirements
To qualify for TVC Labs MentorPitch 8, startups must meet the following criteria:
- Sector and Technology: Your startup should be working on a tech-enabled solution in sectors such as EduTech, AgriTech, Renewables, Digital Trade, Clean Tech, Smart Cities, SaaS, or Logistics, utilizing technologies like AI, VR, AR, or IoT.
- Business Stage: You must have a Minimum Viable Product (MVP) that is already generating revenue, with at least 6-24 months of sales. Your startup should be operational in at least one Nigerian state and possess a coachable team, including at least one female founder, with at least 12 months of commitment.
SEE ALSO:MTCP 2024-2025 Scholarships by Malaysian Government
3 . Market and Financials: Target a large or rapidly growing market. Your business needs to be legally registered and have raised at least ₦1 million from personal, family, or friends (FFFF). By the end of the program, you should plan to raise between ₦25 million and ₦400 million in equity or other funding forms.
4 . Valuation: Ensure your current valuation does not exceed ₦1.5 billion.
Benefits of TVC Labs MentorPitch 8
- Expert Guidance: Participants gain access to 12 interactive virtual plenary sessions led by high-quality mentors with extensive industry experience. These sessions provide valuable insights and practical advice tailored to the specific needs of each startup.
- Personalized Support: The program focuses on critical business areas including market analysis, customer engagement, product development, talent acquisition, operational processes, technology integration, funding strategies, profitability, impact measurement, and investment readiness.
- Real-Time Feedback: Founders receive constructive feedback on their presentations and business plans from both mentors and fellow entrepreneurs. This feedback loop facilitates continuous improvement and strategic refinement.
- Networking Opportunities: MentorPitch 8 fosters a collaborative environment where startups can connect with other entrepreneurs, share ideas, and explore potential partnerships. This networking can lead to valuable connections and collaborative opportunities.
- Skill Development: Participants acquire essential skills and knowledge necessary for success in the business world, learning directly from seasoned entrepreneurs and professionals.
- Supportive Learning Environment: The program provides a safe space for startups to share ideas, take risks, learn from their mistakes, and discover solutions that best fit their business needs. This nurturing environment encourages innovation and personal growth.
Overall, TVC Labs MentorPitch 8 is dedicated to empowering early-stage startups with the tools and resources needed to navigate their growth journey and achieve lasting success.
READ ALSO:Apply for the 2025 Honjo International Scholarship in Japan