What is Village Capital’s track record with companies?
Over the past 10 years, Village Capital has directly worked with more than 1,100 founders in 28 countries and has led more than 100 programs. Through the Global Accelerator Learning Initiative, an independent and external ongoing study of program success, we are able to confidently pull data about our program’s success.
Compared to companies that do not participate in a Village Capital program (either because they were not selected or because they decided not to participate), companies that participate in Village Capital programs:
What do you teach in your programs?
Our programs focus on investment readiness, helping founding teams focus on the most important next milestones that can unlock their growth. To do this, we developed a proprietary methodology called VIRAL (Venture Investment Readiness and Awareness Levels) designed by interviewing tens of thousands of entrepreneurs and investors to understand and translate the specific milestones an investor wants to see before making an investment. This framework is meant to help founders think more strategically about what to prioritize and understand the types of funding and partnerships to seek in order to level up their businesses.
VIRAL focuses on eight categories of business growth: team, problem and vision, value proposition, product, market, business model, scale, and investor exit. The goal of our workshops is to help founders move to the next level in each category, find the resources needed to do so, and receive feedback from peers and mentors on what they may be missing.
You can take a self-assessment as an entrepreneur or an investor to get a sense of our framework live on Abaca.
Each program may have variations on the specific sessions or takeaways from their programs depending on the stage of the cohort, sector, or length of the program. Regardless, each founder should leave our program with:
What is peer due diligence?
Throughout a Village Capital program, founders spend a significant portion of their time learning from each other. As a philosophy, we believe that the decision making power should be in the hands of entrepreneurs, and that founders are in the best position to provide critical feedback to other founders because they’re working through the same questions themselves.
By the end of each program, we want every member of the cohort to better understand their own companies’ strengths, risks, potential, and blindspots by learning how to conduct diligence like an early stage investor and how to address questions investors will ask them in the future.
How does peer due diligence work?
On a tactical level, peer due diligence takes form in a few different ways:
What if I go through the whole process and I’m not peer selected?
If we’ve done our job, the selection at the end of the program is just one of the ways companies benefit from our programs. Here are a few others our companies have shared:
Aside from the above, participants on average go on to raise 3x more capital, generate 2x more investment, and grow their companies 50% faster than nonparticipants. Our programs are designed to connect you, as a founder, directly to the resources you need for your business to grow and be around for the long term.
(Nairobi, Kenya) - Incubators, accelerators and seed funds in sub-Saharan Africa are encouraged to apply by July 6 for VilCap Communities Africa, a programme to equip entrepreneur ecosystem leaders across sub-Saharan Africa with the tools, resources and connections they need to catalyze impact investment.
The programme’s organizers will select 15 applicants to take part in forums this summer and fall in Lagos, Nairobi and Cape Town, where they will share learnings and best practices. The programme is being run by global venture capital firm Village Capital and the UK Department for International Development (DFID) Impact Programme. A video about the programme has been viewed more than 3,000 times.
It would be an understatement to say that a lot has changed over the last month. Coronavirus has not only created new challenges, but also exacerbated deep systemic inequities – highlighting the need to support solutions to those problems.
Entrepreneurs provide the hustle, ingenuity and foresight needed in the response to a major crisis like this. Our team has been working for a decade to support impact-driven founders, and here's how we've been adapting and evolving over the past weeks: