Renew Capital Venture Lab 2024

Deadline: Unspecified.

Applications for the 2024 Renew Capital Venture Lab are currently being accepted.Startups may access a global network of partners and investors, as well as an accomplished investment team based in Africa, through the Renew Venture Lab.


  • Investment Capital : Renew Capital invests between $50K and $300K in each startup, depending on Renew Capital’s assessment of growth potential.
  • Training for Rapid Growth : Growth tools, management tactics, and pitch coaching: a comprehensive business training program to support your startup’s growth.
  • Networked Knowledge : Instruction, coaching, and mentorship from Renew Capital staff spread across the African continent. Select companies may receive additional mentorship from successful entrepreneurs in our global investor network.


  • Growth-oriented founders of tech-enabled, asset-light companies in Ethiopia, Uganda, Rwanda, Kenya, Tanzania, Zambia, Sudan and Mozambique. Exceptional startups in other countries may also be considered at the discretion of the Renew Capital team.
  • Companies that have traction and that are raising their first rounds of capital.

Program Timeline:

Pre-Lab Training

All who sign up will be invited to learn:

  • How Renew Capital and other investment firms operate
  • The basic steps of the investment process
  • The key documents involved in the investment process
  • What happens after you receive an investment

    Venture Lab:

  • Selected startups will be invited to the Renew Venture Lab – a training series to prepare your company for potential investment.
  • The Renew Venture Lab offers a blend of online and live training, featuring coaching sessions delivered by the Renew Capital team.


  • Renew Capital invests between $50K and $300K in companies that have been selected for investment and passed due diligence.
  • Companies may qualify for larger rounds of funding from Renew Capital’s follow-on fund as they continue to scale their business.


  • Shortlisted startups in the Renew Venture Lab will be invited to pitch to our investment committee.

Click here to apply

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