Oui Capital has partnered with IBM on the Startup with IBM program, to tap into the power of IBM Cloud to pace growth and build stronger portfolio businesses.
The Startup with IBM program is only open to approved startup accelerators, incubators or venture capital firms.
Through this partnership, Oui Capital will provide $120,000 in cloud credits and secure access to IBM tools to integrate solutions with cutting-edge technologies and help deliver more value to portfolio companies. The Cloud credits allow access to over 130 industry leading services like Watson, IoT, blockchain, advanced data analytics, developer tools, educational resources and technical support.
"Our goal for this partnership is to clear the technological hurdle for more diverse entrepreneurs. We strongly believe that innovation has no country of origin, which is why we are happy to support Oui Capital’s mission to empower companies in the African Continent" said Felix Ekwueme, Offering Leader at IBM, responsible for this partnership.
"IBM has operated in Africa since 1920 and has had a direct presence since 1939 in 24 Countries. We remain committed to being a part of Africa’s technological fabric, business and community", he adds.
RELATED READ: The launch of an African-focused VC firm, Oui Capital
This partnership also allows affiliated startups to showcase their solutions on IBM Marketplace and to IBM’s customer network globally.
"Oui Capital is an impact-focused early-stage VC fund investing in promising technology startups in Sub-saharan Africa. We want to make sure that all the startups in our portfolio have everything they need to succeed, just like their counterparts around the world—funding, mentorship and support tools", Olu Oyinsan, Partner at Oui Capital tells Benjamindada.com.
Startups looking to become part of Oui Capital's portfolio companies can Pitch for a Yes.