Raising Pre-Seed


Pre-Seed Funding

We do not provide pre-seed funding. At the pre-seed stage, there’s a lot of risk because a lot of things are unknown: Will the product work? Can you find customers? Will they pay for the product? And so on.

The only time we provide pre-seed capital to pre-revenue businesses in line with our risk management policies, is when you or a member of your household is an existing homebuyer or owner with any of The DCANS Group Home Providers:

- Rent to Buy Ghana

- DCANS Developments Ghana

- DCANS Properties Ghana

- Build Now Pay Later

- The Builder's Choice

- DCANS Mortgage Ghana

- No such restrictions apply if you're a registered operating business with verifiable proof of relevant operations and sales.

Business owners usually fund this stage using their own money as well as capital from angel investors. An angel investor can be family members, friends or wealthy individuals that invest in the company. Angels usually back companies with no sufficient operating history as these are the people that the startup owners know personally.

Many startup founders turn to their friends and family to help them with initial funding, aside their own personal savings. After all, those are the people that already believe in what you’re doing — you don’t have to convince them the way you would convince us, angel investor, or a bank.

Funds at this stage are what you would typically use to cater to startup costs: business registration, website setup, basic business operations tools, etc.

If the people who know you cannot support you at this basic level, then why should a stranger (GhanaStartups.org) commit their own funds to your course? It is important you treat this stage carefully in order not to send a bad signal to future funders.