The Bpifrance Challenge has opened for 2020 applications and African startups looking to expand to France and Europe are invited to apply.
These startups must be looking to raise funds, between €1 and €3 million, to finance that expansion.
Expectation
The requirements for the Bpifrance Challenge are to have either small ongoing operations in France and/or Europe or to have some tangible actions done to prepare this expansion.
Mission
There is no specific focus on any verticals, as long as you have a scalable business, backed by a strong team.
Submission Requirements for the Bpifrance Challenge
a.) GEOGRAPHIC AREA
(i) Startups must be based or mainly operating in Africa.
b.) MATURITY CRITERIA
(ii) Less than 8 years of existence: Seed /// Series A /// Series B
c.) SUBMISSION REQUIREMENTS
(i )(Required) Pitch deck: 12 slides max (pdf, ppt) – max 50mo
Prizes & Rewards
Pitch
For the three finalists, they will pitch in front of an international crowd composed of investors, entrepreneurs, corporate executives, and other innovation enablers.
Network
For the three finalists of the Bpifrance Challenge
(i.) Meet angels investors, VCs, CVCs, and institutional investors that actively invest in Africa
(ii.) Meet the corporate executives that make the decisions in the corporations you are chasing.
(iii.) Meet brilliant fellow African entrepreneurs
Winner of the Bpifrance Challenge
Among the three finalists, after a final pitch session on stage, the judging panel will select one winner.
(i) The winner will access the following benefits:
To be confirmed shortly.
Deadline: 30th of September 2020 and click here for more details.
