The Global Fundraising Stage (GFRS) 2022, an international co-investment platform, supported by the WBAF Angel Investment Fund, has opened applications for interested applicants.
The GFRS capitalizes on the extensive network of WBAF which provides a unique opportunity to 100 selected startups and scaleups to pitch their businesses on the Global Fundraising Stage at the World Congress of Angel Investors WBAF 2022 on 25th to 26th of October 2022 in Antalya, Turkey.
The economic challenges posed by the COVID-19 pandemic made it more difficult than ever for startups to reach out for finance – smart or otherwise. WBAF’s response to this issue has been to strengthen its focus on developing innovative financial instruments for entrepreneurs and SMEs as a part of its global agenda.
An affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), one way WBAF does this is through its Global Fundraising Stage, an international co-investment platform, supported by the WBAF Angel Investment Fund.
The ultimate goal is to create a high-quality portfolio with some of the world’s most promising startups, scaleups and, at the same time, create opportunities for co-investment and follow-on investments. An additional goal is to connect the best startups with the best angel investors, making it possible for the startups to benefit from the know-how, networks, and mentoring of qualified investors.
The Global Fundraising Stage is designed to capitalize on the worldwide growth in entrepreneurial activity and venture financing for startups and scaleups and to capitalize on WBAF’s extensive network of global investors. These include angel investors, private equity funds, co-investment platforms, wealth management institutions, family offices, VCs, and acceleration centers.
It is important to note that the WBAF Angel Investment Fund is only one of many investors and investing institutions that will be present at GFRS 2022.
The mission is to showcase the world’s top startups and scaleups, which, typically, are funded companies in the process of raising €50K to €3M, with the aim of globalising.
The 2022 Global Fundraising Stage is supported by the WBAF Angel Investment Fund, which aims to invest in the top startups of GFRS 2022.
Applications are open to two types of entrepreneurs:
- Startups: Promising businesses that are seeking financing but have not yet raised any outside capital from angel investors, venture capital firms or other formal sources of seed funding. They need between €50K and €500K to scale up.
- Scale-ups: Typically, these are companies that have received funding from angel investors or VCs and who are now raising €500K – €3M with the aim of internationalising.
How to apply
Are you an SME or startup with the zeal to thrive higher? Apply before the deadline on 15 October, 2022.