Friday May 20, 2022
About
Advertisement
SmepeaksSmepeaks
  • SMEs & Startups
  • Tech & Innovation
  • Digital Economy & Finance
  • Industries & Sectors
  • Angels & VCs
SmepeaksSmepeaks
  • SMEs & Startups
  • Tech & Innovation
  • Digital Economy & Finance
  • Industries & Sectors
  • Angels & VCs
Smepeaks Logo- new
 Ingressive launches a non-profit arm to train 1 million African tech talents after doubling its fund size
Tech & Innovation

Ingressive launches a non-profit arm to train 1 million African tech talents after doubling its fund size

by Omolara Oseni July 3, 2020 4 min read

Ingressive Capital, a venture capital firm that funds pre-seed and seed-stage tech-enabled businesses in the B2B and B2C industry has launched a non-profit arm, Ingressive for Good. 

Debuted on Wednesday, July 2 2020, Ingressive For Good (I4G) looks to increase the earning power of African youth by providing them with tech training and resources. 

This is coming barely a week after the parent company, Ingressive Capital, increased its fund size from $5 million to $10 million. The company which formerly invested $50,000 to $100,000 will now invest $200,000 to $400,000 for 10% ownership. 


Read also: Amid global pandemic, this female-led VC is betting on new African startups with $10m 


Speaking on the launch of the non-profit arm, Sean Burrowes, COO and Co-Founder of Ingressive for Good in a statement shared with smepeaks noted that “The three  core goals of Ingressive For Good are to create 5,000 jobs through partnerships, connect 1,000,000 African youth to technical skills training and award scholarships to qualified individuals studying computer science courses, in line with our overarching mission to leverage need-based resources, learning, and the power of work to empower African youths in tech.” 

The initiative will reportedly empower, inspire, and connect the next generation of tech talents in need of opportunities. It will also help the participants with micro-scholarships, technical training, talent placement as well as provide other resources to empower them.

Though this is slightly similar with what Andela, an African-focused software engineering firm is doing with it Andela Learning Community save for the fact that this is not-for-profit. 

How to apply 

Interested participants are encouraged to register to be part of the I4G network and also access more opportunities, and resources.


We’ve partnered with Sidebrief, a Legal compliance company to help as many as possible businesses access and get the necessary document for the FG N50bn Covid-19 credit facility. Interested? Get started for free. 


Got a story worth telling? Shoot us an email with SUBJECT — “Story Worth Telling” — to [email protected]

Tags: Ingressive Capital Ingressive for Good
Previous post
Next post

Omolara Oseni

author

An SEO Content Lead at smepeaks. I write about social media and internet culture. I have a keen interest in storytelling, creative writing, media and photography.

Most Recent
Tech & Innovation

How to grow your brand awareness by

January 11, 2022
Business

OPOD: Home is where the heart is

June 28, 2021
Stories

The Scoop: Trump’s social media comeback is

May 5, 2021
Startups

Rabawa, secures $163,000 from Us-based Aptive Capital to

May 4, 2021
Stay Connected
  • 358Likes
  • 1.18KFollowers
About Us

smepeaks is a new media startup providing credible information and insights about SMEs, startups, the digital economy, and the innovation landscape in Africa.

Copyright © 2022 smepeaks. All Right Reserved.