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Microtraction

Microtraction

Scout Program

Venture Capital

Discover how to become a
Microtraction
startup scout including requirements, application process, and compensation and explore other startup scout programs to join!

Investment Focus

Microtraction is a venture capital business situated in Lagos, Nigeria, that was founded in 2017. The business aspires to invest in seed-stage, early-stage, and later-stage enterprises as a minority shareholder. The company wants to invest in Africa's software industry.

Microtraction is an investment platform that finances Africa's most exceptional teams with technical founders from the very beginning of their enterprise and helps them grow long-term businesses.

They find the most promising early-stage, growth-oriented technology firms with the potential to grow into billion-dollar businesses. They help startups get to the stage where they can raise more money or join world-class accelerators. Finally, they connect entrepreneurs with later-stage investors and assist them in raising a larger amount of capital.

Scout Program Details

Who is a Microtraction Scout?

A Microtraction Scout is someone who will identify startups in their own local ecosystem, invest and support those companies with Microtraction’s financial & business capital.

We are looking to partner with individuals that

  • can be ambassadors of Microtraction in their local ecosystem
  • agree, understands and is willing to support Microtraction’s goal, mission and thesis
  • are people-friendly, supportive, humble and empathetic
  • have a great eye for spotting high-trajectory individuals and high-growth companies
  • are well connected and deeply understands their local community/market

Benefits of being a Microtraction Scout?

  • Network — Direct exposure and access to Microtraction’s high-quality network of investors, founders, advisors, operators, and business partners
  • Personal Growth — Great opportunity to build meaningful relationships and learn more about angel investing and its processes in emerging markets
  • Personal Brand — Speaking opportunities at events, scout website portal, and publicity through our channels
  • Fulfillment — A sense of fulfillment of being part of a company that is focused on improving the economy of the African continent
  • Carry — Carried interest on the deals shared and made.

Requirements

We’re open-minded about your background; however, it would be brilliant if you have had some experience in at least one of the following fields:

  • Software Engineering
  • Product Design and Branding
  • Startup Operations
  • Community Building
  • Journalism and PR
  • Growth Hacking

Feels like a match?

Consider becoming a
Microtraction
scout!
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Further Reading

Nigerian VC firm Microtraction launches new startup scouting initiative

Nigerian early-stage VC firm Microtraction has launched its Scout Initiative, which it says will help it discover more deals and identify high-trajectory individuals building the next big thing on the continent.

Nigeria’s Microtraction launches Scout Initiative to search for more deals

Lagos-based early-stage investment platform Microtraction has launched a bid to source more deals and identify “high-trajectory” founders.

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