Growth Capital by CcHUB
Growth Capital by CcHUB
About

They are Nigeria's first social innovation fund aimed at creating an unprecedented path to scale for outliers driving social change in Nigeria.

They support high potential, early stage businesses building our next generation infrastructure using technology.

Their participating investors bring their experience, resources and networks together to work for their investees to catalyze their path to growth

What they offer

Funding

Their investment in ventures will range from ₦10 million - ₦30 million to support early growth, team consolidation and market expansion. They will encourage co-investment and introduction of debt facilities through partner financial institutions to help expand the size of funding available to portfolio companies where appropriate.

Business Advisory

Their in-house incubation team will provide hands-on support to help ventures consolidate their team, develop and implement appropriate processes and adopt effcient governance structure to facilitate measurable growth

Network effect

CcHUB brings the wealth of its partnerships and relationships to bear for portfolio companies which can be the defining factor in growth and distribution as experience has clearly shown them

Product development

They provide expert support with planning the product development lifecycle including scoping, research and usability engineering, development, testing and feedback loop etc.

Office

Their state of the art office facility provides the perfect environment for entrepreneurs to thrive and build their businesses. Located in the heart of Lagos Metropolis, it keeps entrepreneurs connected to their markets and encourages peer-to-peer engagement with other portfolio companies.

Their Investment Approach

They devote considerable time and effort to helping entrepreneurs succeed through the provision of funding, business advisory and valuable relationships to increase their odds for success. Once they have proven their business models at scale, they will provide additional support to the ventures in attracting follow-on funding where appropriate through their extensive network of VCs and Impact Investors.

In addition they invest in:

  • - Up to 5 ventures a year
  • - Teams focussed on Nigeria and who we know more about how they think
  • - Ventures ideally focussed on consumer retail, digital media, education, healthcare, financial services AND has some interesting growth numbers
  • - Ventures with valuation between N100 – N300 million (we may invest at higher valuations but only exceptional cases)
  • - Ventures where we lead or co-lead their seed rounds with between N10 – N30 million
  • - Help each company to be Series A ready
Read more

Type of organization

1 office
6-25
2010

Company Offices

  • Nigeria (headquarters)
  • Lagos
  • 294 Herbert Macaulay Way, Sabo Yaba