Deadline: January 31, 2020.
The Falcon Network, a leading network of impact-driven angel investors, has launched its second “call for funding” to provide strategic capital to startups focused on the Network’s target markets in the MENA region.
The application process is available to view on the Network’s website, and is open from 4 December 2019 until 31 January 2020. This marks the Network’s second campaign, following the success of its inaugural 2019 round which received over 220 funding applications from 46 different countries and facilitated over $450,000 worth of investment.
“Falcon Network launched in 2018 as a humble initiative to channel much-needed angel investment to world-changing entrepreneurs and businesses in emerging markets. We are very excited to build on the success of our inaugural round and continue investing the great potential we are seeing in our markets,” says Dr. Sayd Farook, co-founder of the Falcon Network.
The Network’s application process is direct and seamless as possible. Interested startups are requested to submit key documentation, including a pitch deck and business plans, after which a screening process will be conducted by the operating committee to assess eligibility. Successful startups will be informed and hosted on the Network’s platform for prospective angel investors to review. The Network’s members will subsequently vote for the most promising 10-12 startups, who will subsequently be invited to the Network’s Investor Day to meet and present their businesses to investors, further strengthening their chances to score investment.
The Network is interested in funding startups that have proof of market traction; a scalable market opportunity, founders with a track record of accomplishment, and with a focus on impact. The Network is looking to fund startups between $10,000-$500,000 for equity stakes up to a maximum of 25%.
Sign up for the daily Startup Digest.