Explore Our Program Framework of The Startups
Investing in startups: Bridge a Funding gap & Foster Local Innovation
Our Operation Strategy
Our Plan
Angel Investment & Mentoring:
At the initial stage, selected startups receive investment funding and comprehensive mentorship to kick-start their journey.
Impact Investment Fund & Mentoring:
Upon completing the pilot phase, we offer additional investment to scale startups, fostering further growth with a focus on positive impact and sustainable development.
Our Pilot Phase
Pilot Phase
During this one-year phase, selected startups receive initial angel investment funding and mentorship to kick-start their journey.
Due Diligence:
We carefully evaluate startups, considering their business model, financial health, market potential, team, legal compliance, and risks to guide our investment decisions.
Pre-selection:
We screen startups based on our investment criteria, choosing those with high potential for impact and success.
Online Pitch Event:
Founders pitch to investors from Europe and Uganda, building valuable connections and opportunities.
Open Selection:
We select mentors from Uganda and Europe to provide support and aid in the startups' growth.
Equity Investment:
After thorough analysis, we invest €20-50k in selected startups.
Continuous Mentorship:
We provide ongoing mentorship and support to startups for their long-term success.
Our Scaling Phase
Startups that have passed our pilot phase and meet all requirements will be prioritized for this stage.
At this stage, startups will have access to more substantial funding, both local and international networking, and mentorship with global investors.
The goal is to channel investments effectively and maximize impact.
Funding.
For a better world.
Address
Redsalt Angel Investment Network GmbH
Salim Bay Road Plot 8/9
Ntinda Kampala
Uganda
Redsalt Angel Investment Network GmbH
Kardorfer Strasse 15
50968 Cologne
Germany
Get in touch
nicholas.basalirwa@redsalt.org
+256 200 928962
Our Selection Criteria
At Redsalt Angel Investment Network (R.A.I.N), our selection criteria are pivotal in identifying startups that align with our mission and have the potential for impactful growth. We carefully evaluate each startup based on their innovation, market potential, scalability, and commitment to social impact. By selecting the right startups, we ensure that our resources are effectively utilized to foster success and create meaningful change.
Our Investment Criteria
Our program is designed to support startups that align with our mission of driving sustainable development across Africa and beyond. To identify and select the most promising ventures, we use the following criteria:
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Legally Operating: Startups must be registered and compliant with local laws and regulations.
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Initial Revenue: We seek ventures that have begun generating revenue, showing market validation and early traction.
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Growth Potential: We look for startups with the ability to scale operations and enter new markets.
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Financial Health: The business should have strong financial management practices and a clear path to profitability.
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Team Strength: A dedicated and experienced team is crucial for executing the startup's vision.