We serve African, women-led or co-led businesses.
Traditional sectors such as agriculture, personal care, food & beverage, and apparel.
Due to the enormous opportunities out there for tech startups as compared to the traditional sector, we commit less than 20% of our portfolio to tech startups.
Prior Year Startup Revenue at the start of Program: <$50K, <$100K, <$500K, <$1M
We do not fund startups directly but help them to fundraise. However, we do provide emergency short-term loans.
True Foundry commits to startups for two years. After which ....