Angels Investment network, Cairo Angels has introduced a fundraising consultancy for early and growth-stage startups that operates in the Middle East and Africa.
Cairo Angels are Egypt’s first formal network of angel investors that invest in and support startups and early-stage, high-growth businesses.
The Angels Network has partnered with Microsoft through its 4Afrika initiative, to provide these consultancy services to five startups selected by Microsoft in Morocco, Kenya, Nigeria, South Africa and Pakistan.
Cairo Angel’s new consultancy services will provide startups with high-value advice and assistance in the fundraising process. It includes building financial models, preparing a detailed financial plan, formulating strategy, and drafting a strategic direction memo, pitch preparation and delivery training, investor outreach, and assessment as well as negotiating and finalizing terms.
Speaking on the issue, Chairman of Cairo Angels, Aly El Shalakany said, “We are very excited with the launch of our consultancy arm to continue supporting early-stage startups with their journey. We are always looking to bring something new to the market and we are confident that by combining our years of experience as investors and leveraging our global network of investment partners, we can provide a unique and compelling solution for startups,”
“We could not have found a better partner than Microsoft to successfully pilot this and we are deeply grateful for their support. Our objective is to apply our expertise to take the pain out of fundraising and give founders more time to focus on what they do best: building great businesses that will change the world,” he further said.
Cairo Angels is an angel investment network founded in 2012. The network invests and assists early-stage startups in Egypt and across the MENA region. Before any investment, the network provides portfolio management services for its investors.