Folalumi Alaran in Abuja
Paragon Fund, a leading Pan-African Angel investment company, is making waves in the realm of African entrepreneurship with its commitment to empowering early-stage founders. Led by renowned angel investor Dr. Wale Olabisi, the fund addresses critical gaps in funding, mentorship, and technology support, unlocking Africa’s potential for innovation.
According to Dr. Wale Olabisi, “Paragon Fund’s core mission revolves around bringing great ideas to life through strategic funding, mentorship, and marketing. We believe in the transformative power of entrepreneurship.”
With a mission to bring great ideas to life, Paragon Fund offers strategic funding, mentorship, and marketing support to budding startups. Dr. Olabisi, an experienced angel investor with a background in petroleum geology, brings a unique perspective and expertise to the table.
In a groundbreaking move, Paragon Fund has announced a call for tech ideas for the 2024 cohorts, aimed at propelling Africa onto the global tech stage. Driven by a belief in the untapped potential and ingenuity within the continent, the fund seeks to support innovative solutions that can revolutionize industries and improve lives.
Dr. Wale Olabisi emphasized, “There is immense untapped potential and ingenuity within Africa. We are committed to supporting innovative solutions that can revolutionize industries and improve lives.”
Paragon Fund’s investment philosophy goes beyond providing financial backing. It includes mentorship, networking opportunities, and operational support, creating a robust ecosystem of tech innovators. By nurturing these entrepreneurs, the fund aims to catalyze sustainable growth and contribute significantly to Africa’s development trajectory.
To participate, entrepreneurs with tech-focused ideas are encouraged to submit proposals to Paragon Fund before the 15th of March, 2024. Selected startups will not only receive financial support but also gain access to Paragon Fund’s incubation program and extensive network of industry experts and investors. The fund welcomes diverse innovations across fintech, healthtech, agritech, and more.
Dr. Wale Olabisi added, “We are excited to collaborate with entrepreneurs who leverage technology to address local challenges and drive socio-economic growth.”
The call for tech ideas aligns with Africa’s burgeoning tech ecosystem, where entrepreneurs are leveraging technology to address local challenges and drive socio-economic growth. Paragon Fund recognizes the pivotal role it plays in fostering innovation, driving economic growth, and positioning Africa as a global tech hub.
Paragon Fund’s commitment to African entrepreneurship sets the stage for the future of tech entrepreneurship in Africa. By bridging the gaps that hinder early-stage founders, the fund is unlocking Africa’s untapped potential and propelling the continent into a new era of technological advancements.
