Renew Venture Lab | Grovane Funding Opportunity

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Renew Venture Lab

Deadline: Rolling

Funding amount: USD300,000.00

Countries: Africa

Type: Non-repayable Contributions

Organization: For profit,Business Network

Focus area: AI Driven Innovations,Innovative Solutions

Industry funded: Technology

Overview

At a Glance

Program Name: Renew Venture Lab.

Funding Type: Equity investment plus intensive training and investor access for African startups.

Funding Amount: Typically between 50,000 and 300,000 USD per startup, with potential larger follow-on funding as companies scale.

Application Deadline: Rolling – applications are open and reviewed continuously; no fixed closing date is listed.

Program Focus: Supporting growth-oriented, tech-enabled, asset-light African ventures with capital, structured training, and a strong investor network.

Location: Pan-African – Renew Capital is active in 13 African countries and invests in Africa-based startups.

About the Program

Renew Venture Lab is a structured investment and training program run by Renew Capital to help African founders raise early capital and become investment ready.

Through equity investment plus a staged process (pre-lab training, Venture Lab, pitching, and due diligence), the program helps startups understand how investors work, sharpen their business fundamentals, and access a broader capital network.

Program Benefits

Funding Support: Equity investments of 50,000–300,000 USD per selected startup, with the possibility of additional follow-on rounds from Renew Capital’s funds as they grow.

Founder & Venture Support: Pre-lab education on the investment process, followed by Venture Lab training with growth tools, management tactics, and pitch coaching from Renew Capital’s team.

Network & Visibility: Access to Renew Capital’s continent-wide team, successful entrepreneurs, and global investors, improving visibility to future funders and partners.

Eligibility Criteria

Growth-oriented, for-profit startups led by founders building tech-enabled, asset-light companies.

Companies that already have traction and are raising their first rounds of outside capital, rather than idea-stage ventures.

Teams committed to engaging in the training, pitching, and due-diligence process and aiming to scale across African markets.

Application Timeline

Applications Close: Rolling – founders apply through the online Venture Lab application form

Apply Here

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Option 6 - Monthly Done-with-You Funding Support: A guided, low-commitment monthly plan for founders who want to test the waters before going all-in. You get basic ongoing support so you’re never stuck or alone, but without the big upfront fees of our annual or DFY tiers.

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More Opportunities

Renew Venture Lab

by Renew Capital

Deadline: Rolling

•

USD300,000.00

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