Impact Investing Ghana (hereinafter referred to as IIGH) is pleased to invite prospective bidders to submit a quotation for the development of an Angel Investor Resource to assist Ghanaian angels in their angel investing journey as detailed below.
Quotations may be submitted on or before November 27th, 2023 at 5:00 pm via email to this address justina.mensah@impactinvestinggh.org, akua.asare@impactinvestinggh.org with info@impactinvestinggh.org in copy.
If you are interested in submitting a quotation in response to this RFQ, please prepare your quotation in accordance with the requirements of services as stated in this RFQ and submit it via this email by the deadline for quotation submission.
Consultants are required to submit the following;
● Quotation – the bill for the project.
● Past works – Two or more relevant past works for review.
● Work Plan – a schedule of milestones to deliver by 30th November 2023.
● Names and profiles of key team members.
PROJECT SUMMARY
Project: Develop material and resources for Angel Investors in Ghana. The goal of an
Angel Investor Resource is to enable Ghanaians who are new to angel investing to be
able to understand it, build simple skills in evaluating angel investment opportunities,
and have access to simple templates to be able to finalise investments. The
resources should also include material on options to set up an angel investor
network in Ghana.
Background:
In Ghana, individuals pull together their resources to support entrepreneurs or
business ideas and innovations in their social circles, such as churches, old-school
associations, investment clubs, and others. The content and material for the Angel
Investor Resource must provide guidance on how to grow angel investing in these
social circles and how to provide a formal structure to their operations.
OBJECTIVES
1. Develop material and resources for Angel Investors in Ghana.
2. Develop materials and resources for Angel Networks
3. Create resources on how to set up or formalize angel networks in social
settings such as schools, churches, etc. that provide practical knowledge.
4. Create resources on how to evaluate, pool funds to invest, monitor, build
business value, and exit deals.
The content should be simple to understand and useful for the adoption of the
current angel networks and individual angels in Ghana.
SCOPE OF WORK
The consultant responsible for developing the Angel Investor Resource should
develop materials and content on the following subjects but not restricted to them:
Objective 1: Create resources on how to set up or formalize angel networks
● What is angel investing?
● How to create an Angel Network
● How to structure the network and the various options
● Management and administration
● Funding
● Building linkages with other networks
Objective 2: Create resources on how to evaluate, pool funds to invest, monitor, build
business value, and exit deals.
● How to source angel deals
● How to screen deals
● How to conduct due diligence on deals
● How to structure angel deals
● How to conduct valuations on angel deals
● How to close the deal
● How to syndicate among members
● How to monitor a deal
● How to exit an angel deal
The Angel Investor Resources need to be completed by 30th November.
COMPANY INFORMATION
GAIN was launched in 2011 by the Venture Captial Trust Fund. In 2021, Impact Investing
Ghana, the Ghana National Advisory Board for Impact Investing took over the hosting
of the GAIN secretariat. GAIN is the apex body for angel networks in Ghana with the
goal to support the creation and growth of angel networks. In addition, GAIN brings
together a small group of leading angel investors in Ghana to invest in small and
growing businesses to test the tools of the network. The members of GAIN are the
Accra Angels Network and the Ladies Angel Network. GAIN is a member of the Africa
Business Angels Network (ABAN) and a strategic partner of the Africa Angel Academy
(AAA).
Vendor Selection and Criteria
● Experience with the creation and running of an angel network
● Demonstrated knowledge of angel deal sourcing, due diligence, and
structuring of angel deals.
● Work Plan and ability to deliver content
● Competitive price.
Submission Requirements
Training Consultants are required to submit the following;
● Quotation – the bill for the project.
● Past works – Two or more relevant past works for review.
● Work Plan – a schedule of milestones to deliver by 30th November 2023.
● Names and profiles of key team members.
Contact Information
Please direct all responses to this RFQ and/or any questions to:
Justina Mensah
0264401578
justina.mensah@impactinvestinggh.org
Please note quotations that are received by IIGh after the deadline indicated above, for whatever reason, shall not be considered for evaluation.