The 97 COVID-19 Relief Fund

The 97 Covid-19 Relief Fund is an economic response launched by The97 Ltd in partnership with The Innovation Village. 

Objective: To invest in solutions addressing challenges caused by the Covid-19 pandemic and solutions that prepare Uganda for a post Covid-19 environment. 

Target Companies:

The 97 COVID19 Relief Fund is targeting companies that are responding to the pandemic as well as creating jobs in these times through;

Providing healthcare and pharma solutions

Re-imagining business models in the most hit sectors

Providing new ways of working (collaborative working, work from home, gig work)

Supply chains and logistics;

Digital economy especially market places.

Sectors Covered

Augmented Reality/Virtual Reality (AR/VR)

E-Commerce

Education

Entertainment Streaming and Gaming

HealthCare

Supply Chain and Distribution

Tourism

What we offer to Businesses

Equity- Free Grant

Grant ticket size offer of $2,000 - $10,000.

Technical Assistance

Active mentorship to scale and grow solutions.

Access to Partners and Potential Co-Investors

Connection to our network of veteran entrepreneurs and industry experts.

Entry criteria

Relevance and Impact

Providing solutions that respond to the need and defined challenge of the Covid-19 pandemic.

Innovation

Providing unique and ingenuity of solutions that offer an improvement of existing technology-based process.

Readiness and Traction

The businesses should be registered businesses consisting of a team of at least two (2) co-founders.

Feasibility

The solution should be practical and easily implementable.

The Process

Applications

Screening and Demo Day 1

Investment Committee

Due Diligence

Investment

Mentoring and Venture Building Support

Demo Day 2

Apply for The 97 Covid-19 Relief Fund