Jada Fund of Funds: Who Qualifies and What You Get
Startups seeking venture capital can connect with a network of investment firms backed by the Public Investment Fund through this scheme.
The Jada Fund of Funds is a program designed to provide startups with access to a wide network of venture capital firms.
Who it's for
This scheme is intended for startups that are actively seeking venture capital investment to help scale their operations. It is built to support the growth of the startup ecosystem within the local business landscape.
What you get
By engaging with this scheme, you gain access to a specialized network of venture capital firms. These firms are backed by the Public Investment Fund, providing you with a connection to professional investment entities.
What it costs you
In exchange for the capital provided by these venture capital firms, you will have to provide an equity stake in your company. This means giving up a portion of ownership in your business.
The catch to know
It is important to understand that Jada does not invest money directly into individual startups. Instead, the scheme invests in various funds. To secure funding for your business, you must pitch your startup to the partner venture capital firms that are part of the network.
How to apply
- Identify the specific venture capital firms within the network that align with your industry.
- Prepare your business documentation and pitch for potential investors.
- Reach out to the partner venture capital firms to present your startup.
- Check the official portal for more details: https://jada.com.sa