Applications are now open for the first edition of 2017

The quarterly investment process run by the Lagos Angel Network (LAN) will bring together LAN members, other angel investors and players within the Lagos startup ecosystem in a process where selected startups are guaranteed funding.

In 2016 (the events' inaugural year), Lagos StartUp DealDay raised over N100 million from LAN members and the early stage investment community.

Applications will close on Friday, February 24, 2017, and interested startups are required to have the following before applying:

- A venture profile published on the VC4Africa platform with their most recent pitch deck attached.

- A N50-N100 million funding requirement.

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- Be in the post-revenue stage (i.e existing customers).

- Been in operation for >2 years and <5 years.

- Incorporated with the CAC in Nigeria.

- A full-time leadership team.

Video pitches not longer than 60-90 seconds are welcome and startups that have been shortlisted will be announced on March 20, 2017. The formal pitches will be delivered at a small event on March 24, 2017.

Partners for the Lagos StartUp DealDay are VC4A, the African Business Angel Network (ABAN), Lagos tech hubs, incubators and accelerators.