The four-month-long summer program will run from June to September 2021 and will place particular emphasis on young home grown Africans and the diaspora. It aims to teach its fellows basics from conducting due diligence and drafting investment memos, all the way to understanding the strategies and legalities of setting up VC Funds or Angel Groups.
“Everyone is talking about investing in the next generation of African startups, but not enough people are talking about empowering the next generation of young African investors,” says Cindy Ai, co-founder of Dream VC. “The median age of the African population is in its teens and there’s a massive youth unemployment issue. People are saying entrepreneurship can help solve that. But beyond that, what if we invest in the young people from the community who will later be writing those checks to entrepreneurial peers?”
What you need to know
“Incredible programs such as Included VC have highlighted the importance of providing access opportunities to traditionally marginalized populations to get their foot into venture capital.” says Mark Kleyner, co-founder of Dream VC.
“They are completely changing the game, and the venture capital context right now on the continent still lacks a strong base of young investors who want to become future ecosystem builders in their communities. The gap exists because there are not enough opportunities for these young people to build the knowledge, skills base, or get access to these elusive VC funds.”
For more, go to https://www.dream-vc.com/
